Vecta Energy Corporation
TSX VENTURE : VER

January 20, 2011 15:12 ET

Vecta Energy Corporation Announces Executive Appointment

CALGARY, ALBERTA--(Marketwire - Jan. 20, 2011) - Vecta Energy Corporation (TSX VENTURE:VER), is pleased to announce the appointment of Ms. Diane M. Zuber as Vice President Finance and Chief Financial Officer, effective immediately. In her new position, Ms. Zuber will be responsible for leading Vecta's accounting, finance and investor relations functions.

Ms. Zuber has over 18 years' experience in the energy sector and holds a Bachelor of Commerce in Finance from the Haskayne School of Business at the University of Calgary and earned the Chartered Financial Analyst designation in 2006. 

Ms. Zuber brings a broad range of experience to her new role. She was Senior Financial Analyst at Kinnear Financial Limited; and prior thereto was Manager, Investor Relations at AltaGas Income Trust; Senior Analyst, Business Development at Pengrowth Management Limited; Investor Relations Analyst PrimeWest Energy Trust; Account Manager, Energy Banking, Syndications at ATB Financial; and Financial Analyst, Energy Banking at the Royal Bank of Canada. 

"Ms. Zuber has done exceptional work for Vecta as a consultant over the past several months on financial and business development initiatives and represents a cornerstone for us to build our finance department around. She has shown professional skill, tenacity and a special talent in her specialty that will serve Vecta well in the years to come" said Tom Coffman, Vecta's President and Chief Executive Officer.

VECTA ENERGY CORPORATION

Thomas D. Coffman, President and Chief Executive Officer

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This news release contains forward-looking statements relating to the Company's plans and other aspects of the Company's anticipated future operations, strategies, financial and operating results and business opportunities. Forward-looking statements typically use words such as "anticipate", "believe", "project", "expect", "plan", "intent" or similar words suggesting future outcomes, statements that actions, events or conditions "may", "would", "could" or "will" be taken or occur in the future, or consists of statements regarding estimates of future production, operating costs or other expectations, beliefs, plans, objectives, assumptions or statements about future events or performance. Statements regarding reserves are also forward-looking statements, as they reflect estimates as to the expectation that the deposits can be economically exploited in the future.

Although the Company believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements and you should not unduly rely on forward-looking statements. The forward-looking statements contained in this news release are made as the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.

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.

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