Birch Lake Capital Inc.
TSX VENTURE : BLA.P

May 12, 2008 17:24 ET

Birch Lake Capital Inc. Announces Appointment of New Director

CALGARY, ALBERTA--(Marketwire - May 12, 2008) - Birch Lake Capital Inc. (TSX VENTURE:BLA.P) (the "Corporation") is pleased to announce the appointment of Scott Price to the board of directors of the Corporation. Mr. Price is the currently the President and Chief Executive Officer of Solana Resources Limited ("Solana"), an internationally focused public exploration and production company active in South America. Mr. Price has 24 years of diverse global oil and gas experience in North and South America, Europe, Africa, Middle East, the former Soviet Union and Canada. Prior to his involvement with Solana, Mr. Price was the founding director and President of Breakaway Energy Inc., an internationally focused energy company. He also co-founded, and is currently the non-executive chairman of, Virgin Resources Limited, a private international exploration company with activities in the Middle East. Prior to Breakaway Energy Inc., Mr. Price was President and Chief Executive Officer of Aventura Energy Inc., an internationally focused Canadian public exploration and production company active in the Caribbean and South America. Prior thereto, Mr. Price held a number of senior positions within Ocelot International Inc., most recently as the Vice President Finance and Chief Financial Officer based in the United Kingdom.

The Corporation is a capital pool company under the policies of the TSX Venture Exchange (the "Exchange"). The Corporation's common shares trade on the Exchange under the trading symbol "BLA.P".

The TSX Venture Exchange does not accept responsibility for the accuracy of the content of this News Release.

Contact Information

  • Birch Lake Capital Inc.
    William H. Petrie
    President and Chief Executive Officer
    (403) 850-2064