Charlotte Resources Ltd.

February 25, 2014 07:30 ET

Charlotte Resources Announces New Director Appointments

VANCOUVER, BRITISH COLUBMIA--(Marketwired - Feb. 25, 2014) - February 25, 2014 - Charlotte Resources Ltd. (the "Company") (CSE:CHT) is pleased to announce the appointment of Mr. David R. Hughes and Mr. Jason Bednar to the Board of Directors of the Company.

David R. Hughes is the President of International Consulting Alliance Inc., CEO of Torch River Agricultural Corporation which farms 13,100 acres in Saskatchewan, and President of Airstar Aviation Ltd. which provides helicopter service to the mining sector. He is a director and CFO of Opal Energy Corp. For the past 25 years he has consulted with a broad range of companies and all levels of government. His extensive international experience includes work in Asia, Europe, the Middle East and throughout North America. Prior to consulting he held senior management positions in mining with Luscar Limited (operating 10 coal mines in Canada and the US), in transportation with Ward Air (at the time Canada's third largest airline), and in retail with Henry Birks & Sons (operating 73 retail stores and extensive silver and jewelry manufacturing facilities). Mr. Hughes is the past chair of The British Columbia Ethics In Action Society which hosts an annual awards ceremony recognizing companies that have made a significant contribution to corporate responsibility. He has been actively involved as a volunteer with many charity and non-profit organizations. He is currently President of the Sealeigh Park Water Users Society.

Jason Bednar is a chartered accountant with considerable expertise in the financial and regulatory management of oil and gas companies listed on the Toronto Stock Exchange (TSX), TSX Venture Exchange (TSXV) and American Stock Exchange (AMEX). Mr. Bednar is a director of Solimar Energy Limited and Canacol Energy Inc. Mr. Bednar was formerly the CFO and a Director of MENA Hydrocarbons Inc., an international oil and gas company, CFO and Director of Sagres Energy Inc., an international oil and gas exploration company, former CFO of Pan Orient Energy Corp, a South East Asia Exploration company, former Chairman of Gallic Energy Ltd. Mr. Bednar began his career in the chartered accountancy firm of Brown Smith Owen in 1993 before moving into financial controller roles at oil production companies. Mr. Bednar holds a Bachelor of Commerce degree from the University of Saskatchewan.

Mr. David M. Stone and Ms. Eileen Au have resigned from the Board. The Company would like to thank Mr. Stone and Ms. Au for their contributions to the Company.

Contact Information

  • Charlotte Resources Ltd.
    John Proust
    President and CEO
    (604) 696-9020