West Mountain Capital Corp.

TSX VENTURE : WMT


West Mountain Capital Corp.

February 14, 2014 09:00 ET

West Mountain Announces Appointment of New Director and Option Grant

CALGARY, ALBERTA--(Marketwired - Feb. 14, 2014) - West Mountain Capital Corp. (TSX VENTURE:WMT) (the "Company" or "West Mountain") is pleased to announce that it has appointed The Honourable George J. Furey, Q.C., B.A., B.A. (Ed.), M.Ed., LL.B. to its Board of Directors.

A member of the Canadian Senate since 1999, Senator Furey is currently Deputy Chair of the Senate Standing Committee on Internal Economy, Budgets and Administration, a member of the Senate Standing Committee on Rules, Procedures and the Rights of Parliament, as well as a member of the Senate Audit Committee. Senator Furey is a prominent Newfoundlander and Labradorian with deep roots in his community. Before being appointed to the Senate, Senator Furey served his province as both an educator and a lawyer. He was appointed to the Provincial Police Complaints Commission in 1993 and appointed as Queen's Counsel in 1996. Senator Furey has contributed his time to numerous charitable groups, professional boards and provincial commissions and is currently the director and a member of the governance, compensation and audit committees of Canada Fluorspar Inc., a publicly traded company listed on the TSX Venture Exchange.

"We are excited to have Senator Furey join our Board", said Paul Antle, President and CEO "he will bring a fresh perspective and significant world experience to the group. The Senator is well known for his leadership qualities, commitment and integrity."

The Company has also granted options to acquire 1,134,000 common shares to various directors and officers of the Company including options to acquire 100,000 common shares issued to Senator Furey. The options have an exercise price of $0.27, with 50% vesting in 6 months and 50% vesting in 12 months from the date of grant, and expire on the date that is five years from the date of grant. The Corporation has determined that exemptions from the various requirements of TSX Venture Exchange Policy 5.9 are available for the granting of the options.

About West Mountain

West Mountain is an established Canadian environmental solutions company specializing in the thermal treatment of a variety of hazardous and non-hazardous waste streams. It employs a unique indirectly heated, closed loop technology that allows it to extract even the most hazardous contaminants from soil, industrial sludge, pharmaceutical waste and consumer waste streams converting much of it into reusable oil and synthetic natural gas that it uses to sustain the process. This methodology offers significant opportunity for greenhouse gas reduction over traditional hazardous waste destruction technologies. The Company's management team maintains expertise in hazardous waste management, Brownfield remediation and pharmaceutical waste management with experience spanning North America and 15 countries internationally.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts the responsibility for the adequacy or accuracy of this release.

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