Divergent Energy Services Corp.
TSX VENTURE : DVG

Divergent Energy Services Corp.

May 18, 2016 09:00 ET

DIVERGENT Energy Services Corp. Announces Director Resignation, Results from Its Annual and Special Meeting of Shareholders and Appointment of New Chairman

CALGARY, ALBERTA--(Marketwired - May 18, 2016) -

NOT FOR DISSEMINATION INTO THE UNITED STATES OF AMERICA OR DISTRIBUTION TO U.S. NEWSWIRE SERVICES

DIVERGENT Energy Services Corp. (the "Corporation") (TSX VENTURE:DVG) announces a Director's resignation, results from its annual and special meeting of shareholders that was held on May 17, 2016 (the "Meeting") and appointment of a new Chairman of the Board.

Mr. Scott Berry has resigned as Chairman and a Director of the Corporation effective May 16, 2016. Ken Berg, President and CEO states, "Mr. Berry played a significant role in the early development and transition periods of the Corporation. We thank him for his service and contributions since 2009 and wish him the very best in his future endeavors."

The shareholders of the Corporation approved all of the matters to be acted upon at the Meeting, including the election of incumbent directors Ken Bagan, Ken Berg, John L. Grisdale, Martin Hall and Robert Riecken. Mr. Ken Bagan has been appointed as Chairman of the Board.

ABOUT DIVERGENT ENERGY SERVICES CORP.

Headquartered in Calgary, Alberta, DIVERGENT Energy Services Corp. provides an array of artificial lift products and services that are used in the oil and gas industry, including its revolutionary second-generation Linear Electric Submersible Pump. Divergent's Pump is approaching commercialization and is targeted to replace traditional oil pumpjacks. Other Divergent products currently in use by its oil and gas industry customers include Electric Submersible Pumps and Electric Submersible Progressing Cavity Pumps.

Neither the 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

  • DIVERGENT Energy Services Corp.
    Ken Berg
    Director, President and Chief Executive Officer
    (403) 543-0060
    (403) 543-0069 (FAX)

    DIVERGENT Energy Services Corp.
    Scott Hamilton
    Chief Financial Officer
    (403) 543-0060
    (403) 543-0069 (FAX)
    1170, 800 - 6th Ave SW, Calgary, AB T2P 3G3
    www.divergentenergyservices.com