February 26, 2014 08:00 ET
TORONTO, ONTARIO--(Marketwired - Feb. 26, 2014) - Valencia Ventures Inc. (TSX VENTURE:VVI.H) ("Valencia" or the "Company") welcomes Mr. John Rak as its President and Chief Executive Officer and a member of the Company's Board of Directors, replacing Mr. Josh Van Deurzen. Mr. Rak was recently a Vice President with Stetson Oil & Gas Ltd. Prior to this, he was a partner and Vice President of Investment Banking at a private Toronto based investment bank where he was responsible for the firm's oil and gas activities. Mr. Rak holds Bachelor of Science and Master of Science degrees from the University of Guelph.
Also, Valencia welcomes Mr. David Antony to its board of directors, replacing Benoit Moreau. Mr. Antony is a Chartered Accountant and has over 19 years experience in assisting companies in structuring transactions, accessing capital, and corporate governance. In the last five years, Mr. Antony has been Chief Executive Officer of Southern Pacific Resource Corp. where he continues as Chairman of the board of that company. He is currently is also Chief Executive and a director of Blackhawk Resource Corp., and Sabre Graphite Corp., and he is a director North Sea Energy Inc., Great Bear Resources Ltd., Africa Hydrocarbons Inc., and Iron Tank Resources Corp. In addition Mr. Antony sits on both the Local Advisory and National Advisory Committees for the TSXV.
Forward - Looking Information
This press release contains "forward-looking information" within the meaning of applicable securities legislation. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from those expressed or implied by such forward-looking information. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with 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
John RakPresident and CEOE-mail: email@example.com
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