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To: Goose94 who wrote (2214)8/31/2013 7:31:00 PM
From: Goose94Read Replies (1) | Respond to of 202720
 
AWA-V what a ride?!



To: Goose94 who wrote (2214)9/11/2013 12:32:57 PM
From: Goose94Read Replies (2) | Respond to of 202720
 
Arrowhead (AWA-V) appoints Chiachurski as CEO, chairman - identifying a new business

Sept 10, 2013 - News Release

Arrowhead Water Products Ltd. has executed a letter agreement with Jeffrey Ciachurski, a significant shareholder of the company. The letter agreement provides for, among other things, the completion of certain management changes and changes to the board of directors of the company so that the new board will comprise Mr. Ciachurski (also serving as chairman of the board), Michael Boyd (a nominee of Mr. Ciachurski) and two current directors, Ross O. Drysdale and Ian F.T. Kennedy. Mr. Ciachurski will also assume the role of chief executive officer of the company. In addition, following completion of the changes to the board and management of the company, Mr. Ciachurski has agreed to assist Arrowhead in identifying a new business. It is anticipated that the business of company will change to the pursuit of opportunities in the energy efficiency and renewable energy industries. The company expects that as part of the process of identifying and pursuing new business opportunities, it will raise additional capital with the assistance of Mr. Ciachurski. The management changes, private placement and the change of business are subject to the receipt of all required approvals including that of the TSX Venture Exchange.

About the incoming directors and management

Mr. Ciachurski, chief executive officer of Greenbriar Capital Corp., brings decades of public company experience to Arrowhead. Mr. Ciachurski is the founder and former chief executive officer of Western Wind Energy Corp. which was acquired by Brookfield Renewable Energy Partners in March, 2013, for $430-million in a cash transaction. Mr. Ciachurski founded Western Wind with less than $1-million of capital 10 years prior to Western Wind's sale to Brookfield.

Western Wind was ranked as No. 2 and No. 3 in 2010 and 2012, respectively, as a TSX-V top 50 listed company. Mr. Ciachurski completed Greenbriar's initial public offering in July, 2009, at a price of 10 cents per share. On Sept. 5, 2013, the closing price of the Greenbriar shares on the TSX-V was $2.94.

Mr. Boyd, former chairman and director of Western Wind, is the former chairman of the Pima county, Tucson, Ariz., board of supervisors where he was responsible for managing 7,000 employees and an annual budget of $1-billion. Mr. Boyd was also a commissioner of the Central Arizona project, the largest electrical energy user in the state of Arizona and the provider of much of Central Arizona's potable water.

We seek Safe Harbor.