May 15, 2006 17:06 ET

Profile Approves All Matters at Meeting

CALGARY, ALBERTA--(CCNMatthews - May 15, 2006) - Thomas Bender, President and director of Profile Resources Inc. ("Profile") (TSX VENTURE:PFL), announces that Profile held its annual general and special meeting on Friday, May 12, 2006. All of the resolutions put forth at the meeting were approved by shareholders. The four members of the board of directors elected at the meeting are Thomas M. M. Bender, Timothy Bergen, Peter Leger and Dale Vitone. Information concerning the directors who were elected and the matters that were approved by shareholders at the meeting can be found in Profile's information circular dated April 13, 2006 and filed on SEDAR on April 18, 2006. Profile would like to express its appreciation to the outgoing directors for their service on the company's board.

Further to the Debt Conversion and Consolidation that were first announced on March 22, 2006 and which were approved by shareholders at the meeting, the new board of directors of Profile will be meeting in the near future to consider options for Profile and the best course of action for Profile, including, implementing the Debt Conversion and the Consolidation. Further information
will be provided in future press releases.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Profile Resources Inc.
    Thomas Bender
    (403) 282-3111