Ocean Park Ventures Corp.
TSX VENTURE : OCP

May 03, 2010 13:37 ET

Ocean Park Announces Appointment of Paul Matysek as a Director and Chairman of the Board

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 3, 2010) -

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR RELEASE TO U.S. NEWSWIRE SERVICES

Ocean Park Ventures Corp. (TSX VENTURE:OCP) (the "Company" or "Ocean Park") is pleased to announce the appointment of Mr. Paul F. Matysek as director and Chairman of the Board.

Mr. Matysek is the President and Chief Executive Officer of Potash One Inc., where he is leading the company to feasibility stage on its Legacy Project in Saskatchewan. He was a founder and CEO of Energy Metals Corporation, which he helped grow from a market capitalization of $10 million to acquisition by a larger uranium producer for $1.8 billion. Since 1999, he has been involved in obtaining over $200 million of exploration and development financing. Mr. Matysek is a geologist/geochemist and has served in an Executive or Director capacity for several exploration and development companies including: First Quantum Minerals Ltd., Forsys Metals Inc., Energy Metals Corp., and Lithium One Inc. He has a wealth of technical and financial experience as well as over 35 years of exploration and development experience.

The Company has granted 750,000 stock options Mr. Matysek to purchase 750,000 common shares at $0.67 per common share for a period of five years from the date of grant.

We seek Safe Harbor.

OCEAN PARK VENTURES CORP.

On behalf of the Board,

Donald Gee, CEO/President/Director

This new release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Ocean Park Ventures Corp.
    Donald Gee
    President and CEO
    (604) 618-3433