CORP. / Canrise Resources Ltd announces Change to Board of Directors
Canrise Resources Ltd. announced today that Mr. J. Richard (Dick) Harris has
resigned as a member of the Board of Directors of the Corporation, effective
April 13, 1998. Mr. Harris will be devoting his time to other endeavors.
Management and the remaining directors of the Corporation wish to express
their appreciation for the efforts and contributions of Mr. Harris during his
tenure. Mr. Harris joined the Board of Directors in December, 1995.
The Board of Directors of Canrise has been considering the appointment of an
additional director for several months. If discussions with potential
directors can be concluded in the near future, the Board anticipates that it
will appoint one further member prior to the Annual and Special Meeting of
Shareholders scheduled for June 30, 1998.
Canrise Resources Ltd. is an Alberta based corporation engaged in the
business of evaluating and acquiring oil and natural gas properties and
exploring for, developing and producing petroleum substances in western
Canada. The Corporation currently has issued 17,692,431 common shares that
trade on The Toronto Stock Exchange under the symbol "CRE".
The Toronto Stock Exchange has neither approved or disapproved the above
information.
FOR FURTHER INFORMATION PLEASE CONTACT:
PETER J. KURCEBA, P.GEOL. DAVID M. FISHER, C.A.
PRESIDENT AND CHIEF VICE PRESIDENT, FINANCE AND CHIEF
EXECUTIVE OFFICER FINANCIAL OFFICER
DIRECT TELEPHONE: (403) 262-0840 DIRECT TELEPHONE: (403) 262-0842
INTERNET ADDRESS: www.canrise.com E-MAIL ADDRESS: dfisher@canrise.com |
