Platino Energy Corp.
TSX VENTURE : PZE

Platino Energy Corp.

November 01, 2013 17:54 ET

Platino Energy Corp. Announces Departure of Interim Chief Financial Officer

CALGARY, ALBERTA--(Marketwired - Nov. 1, 2013) - Platino Energy Corp. ("Platino" or the "Company") (TSX VENTURE:PZE) announces that Andres Modarelli, who has served as Chief Financial Officer of the Company on an interim basis since March 15, 2013, will be leaving the Company effective today. Platino's board of directors thanks Mr. Modarelli for his contribution to the Company and wishes him well in his future endeavors. Platino's board plans to continue its process to identify a permanent Chief Financial Officer. In the meantime, Andres Cuenca, the Company's controller, will carry on the functions of the Chief Financial Officer on an interim basis, subject to approval of the TSX Venture Exchange.

About Platino Energy

Platino is a Calgary, Alberta headquartered resource company engaged, through its subsidiaries, in the exploration for, and the acquisition, development and production of hydrocarbons in Colombia. For further information please refer to Platino's website at www.platinoenergy.com.

Advisory Regarding Forward-Looking Information

This news release contains "forward-looking information" within the meaning of applicable securities laws. The use of any of the words "will", "plans" and similar expressions is intended to identify forward-looking information concerning the board's plans to identify a permanent Chief Financial Officer and the conduct of the duties of the Chief Financial Officer in the interim.

The forward-looking information in this news release is based on certain key expectations and assumptions made by Platino, including expectations as to the process for the identification of a new chief financial officer and the process for approval of an interim chief financial officer in the interim,. Although Platino believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Platino can give no assurance that it will prove to be correct.

The forward-looking information in this news release is subject to known and unknown risks and uncertainties and other factors which may cause actual results to differ materially from those expressed or implied in the forward-looking information. The forward-looking information contained in this news release is made as of the date hereof and Platino undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

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

  • Platino Energy Corp. - Bogota
    Tomas Villamil
    President & Chief Executive Officer
    +57(1) 235-0007

    Platino Energy Corp. - Calgary
    Tyler Rimbey
    Vice President, Business Development
    +1(403) 262-6046
    www.platinoenergy.com