Accretive Flow-Through (2005) Limited Partnership

Accretive Flow-Through (2005) Limited Partnership

March 22, 2006 12:34 ET

Accretive Flow-Through '2005' Limited Partnership Announces Appointment of Officers and Granting of Options

CALGARY, ALBERTA--(CCNMatthews - March 22, 2006) - Accretive Flow-Through (2005) Limited Partnership (the "Partnership") (TSX VENTURE:LP.UN) is pleased to announce that the general partner of the Partnership, Accretive General Partner inc. (the "General Partner"), has, effective immediately, appointed Bruce Warkentin as Vice-President, Finance and Chief Financial Officer. Michael Charlton, the current Vice-President, Finance and CFO has been appointed Vice-President, Corporate Development and Chief Operating Officer.

Bruce Warkentin is a Chartered Accountant (2000 Vic Dzurko Honor Roll) and Chartered Business Valuator (2005 Silver Medalist). He graduated from the University of Lethbridge with a bachelors degree in management with great distinction (2001). From 2000 to 2004 Mr. Warkentin worked in both the Lethbridge and Calgary offices of the firm Meyers Norris Penny LLP, where he was principally involved in the areas of tax, audit, and business valuation. In 2005, Mr. Warkentin took a position with Deloitte & Touche LLP (Calgary) where he applied his expertise in business valuation of businesses for financial purposes as well as shareholder disputes.

The Partnership has granted options to acquire up to 181,201 Units at an exercise price of $4.00 under its Limited Partnership Unit Incentive Plan to directors, officers and consultants of the General Partner and Partnership.

If you have any questions please do not hesitate to contact us.

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

Contact Information

  • Accretive Flow-Through (2005) Limited Partnership
    Michael Charlton
    Vice-President, Corporate Development
    (403) 265-6540 ext.3
    (403) 206-7158 (FAX)