Canoel International Energy Ltd.
TSX VENTURE : CIL

Canoel International Energy Ltd.

April 03, 2012 08:10 ET

Canoel Announces the Appointment of New Member to Its Advisory Committee

CALGARY, ALBERTA--(Marketwire - April 3, 2012) -

THIS PRESS RELEASE IS NOT TO BE DISTRIBUTED TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW.

Canoel International Energy Ltd. ("Canoel" or the "Corporation") (TSX VENTURE:CIL) is pleased to announce that the Corporation's Board has appointed Mr. James Ladner to its Advisory Committee.

James Ladner, a Swiss citizen, graduated from the University of St. Gallen, Switzerland, in economics and business administration (majoring in auditing) in 1964. He is a self-employed financial consultant in Switzerland (1992 - present) and serves on the Board of several Canadian and European companies.

Mr. Ladner was a co-founder and managing director of RP&C International, a company with offices in London, New York and Zurich. His principal responsibility, from 1992 to 2002, was the syndication and sale of several hundred million dollars of dollar-convertible bonds, shares and warrants of North American companies in Europe. He also served as the non-executive chairman of Bank Austria (Switzerland) Ltd. from 1992 to 2001.

Previously he was an Executive Vice President of Coutts Bank (Switzerland) Ltd. - now Coutts & Co AG, Zurich.

As a director, he served on the Board (plus in some cases on the Audit Committee) of several other Swiss-based companies, funds and banks such as The Royal Bank of Scotland AG, Interallianz Bank AG, Asahi Bank AG, F. Van Lanschot Bankiers (Switzerland) Ltd., Atlantic Finanz AG, Immofonds, Verit Immobilien, Ahold Finance Group and on the Board of European and North-American based companies such as Energy Capital Investment Co plc, Equator Exploration Ltd. (EEL.L), StrataGold Corporation (SGV.TO), Pan Pacific Aggregates plc (PPA.L), Nevoro Inc. (NVR.TO), Colombia Gold plc., now part of Gran Colombia Gold (GCM.TO), Coastport Capital, now Donnybrook Energy (DEI.V), and MEPI Mohave, now Porto Energy Corp (PEC.V).

Mr. Ladner is a former member of the Swiss Admissions Commission - Listing on the Swiss Stock Exchanges and of the Capital Market Commission of the Swiss National Bank.

He is presently a director and a member of the audit committee of the following companies: Oracle Energy Corp. (since 2007) (OCL.V), Colt Resources Inc. (2010) (GTP.V), Royal Coal Corp. (2010) (RDA.V), Red Rock Resources plc (2011) (RRR.L), Ghana Gold Inc. (2011), Guerrero Exploration Inc. (2011) (GEX.V) and several others.

The other members of Canoel's Advisory Committee are Guglielmo Moscato, an Italian famous oil man and Colin Russel, previously a Canadian diplomat and today director of important international companies.

Andrea Cattaneo, the Company's President and CEO stated: "The Company is very pleased to have James Ladner joining our Advisory Committee in view of his wealth of experience in the world of finance, capital markets and natural resources. His advice will undoubtedly be of significant value to our future growth."

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

  • Jose Ramon Lopez Portillo
    Chairman of the Board
    (403) 938-8154
    (403) 775-4474 (FAX)

    Andrea Cattaneo
    CEO & President
    (403) 938-8154
    (403) 775-4474 (FAX)
    info@canoelenergy.com