Bayshore Petroleum Corp.

December 20, 2010 19:18 ET

Bayshore Petroleum Corp. Announces the Appointment of Chief Financial Officer and the Grant of Stock Options

CALGARY, ALBERTA--(Marketwire - Dec. 20, 2010) - Bayshore Petroleum Corp. (TSX VENTURE:BSH) (the "Corporation") announced today that Terry Zimaro has been appointed Chief Financial Officer of the Corporation. Mr. Zimaro replaces Stuart Chow, who had been acting as Interim Chief Financial Officer of the Corporation. Mr. Chow continues to serve as director of the Corporation.

The Corporation issued 50,000 options to Mr. Zimaro in connection with his appointment. Each option entitles Mr. Zimaro to acquire one common share of the Corporation at an exercise price of $0.1125 per share. The options expire five years from the date of grant. 

The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

Contact Information

  • Bayshore Petroleum Corp.
    Alan M. Tang
    President and Chief Executive Officer
    (403) 269-2823