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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Razorbak who wrote (64444)4/15/2000 12:20:00 PM
From: Razorbak  Read Replies (1) of 95453
 
Grey Wolf Exploration (TSE:GWX) Executives Resign

... not to be confused with Grey Wolf Inc. (AMEX:GW)

"Resignation of Executives"

Friday April 14, 4:09 pm Eastern Time

Company Press Release

CALGARY, Alberta--(BUSINESS WIRE)--April 14, 2000--Grey Wolf Exploration Inc. (TSE:GWX. - news) today announced the resignations of Mr. Don Engle, President and Mr. Roger Bruton, Executive Vice President, in their capacity as officers and directors of the Company.

Their executive responsibilities will be assumed by Mr. Bob Watson, Chairman & CEO, Mr. Jim Wilson, Senior Vice President & CFO, and Mr. Vince Tkachyk, Vice President, Operations.

The Company wishes to thank Mr. Engle and Mr. Bruton, both founders of Grey Wolf, for their positive contributions in building the Company to its present stature.

Grey Wolf is a Canadian junior oil and natural gas exploration and production company, which trades on The Toronto Stock Exchange under the ticker symbol ``GWX'. For further information, please contact Jim Wilson, Senior Vice President & CFO at 403/262-1949 or fax 403/262-1969.

No stock exchange or securities commission has either approved or disapproved the information contained herein.

--------------------------------------------------------------------------------
Contact:

Grey Wolf Exploration Inc.
Jim Wilson, Senior Vice President & CFO
403/262-1949
Fax: 403/262-1969


biz.yahoo.com

PS - Note the following points: (1) Friday aftermarket release, (2) Headline didn't include the name of the company. Don't you just love the way folks go to such great lengths to spin bad news in the most inconspicous manner possible? <g>
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