|By Marketwired .||
|April 7, 2014 05:10 PM EDT||
CALGARY, ALBERTA -- (Marketwired) -- 04/07/14 -- Bayshore Petroleum Corp. (TSX VENTURE: BSH) today announced that Anna Lentz, its Chief Financial Officer (CFO), has resigned from her position as Chief Financial Officer CFO, effective April 1st, 2014, to pursue other personal and career interests.
Bayshore is now seeking a new CFO and Mr. Peter Y. Ho, CEO/President will act as interim CFO position until a new CFO is appointed.
Anna Lentz was appointed CFO of Bayshore in August 2011. In making the announcement, Peter Ho, Chief Executive Officer of Bayshore said: "Anna joined Bayshore and has made solid contributions to the Company as we evolved our business during the past years. On behalf of Bayshore, I wish her the best for the future."
Bayshore is a Calgary, Alberta based corporation engaged in the technology expansion applicable to Heavy Oil and other unconventional oil resources. The Common Shares are listed on the TSX Venture Exchange under the trading symbol "BSH".
Statements in this press release may contain forward-looking information including expectations of future production, operating costs, commodity prices, administrative costs, commodity price risk management activity, acquisitions and dispositions, capital spending, access to credit facilities, income taxes, regulatory changes, and other components of cash flow and earnings. The reader is cautioned that assumptions used in the preparation of such information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the company. These risks include, but are not limited to, the risks associated with the mining industry, commodity prices and exchange rate changes. Industry related risks could include, but are not limited to, operational risks in exploration, development and production, delays or changes in plans, risks associated to the uncertainty of reserve estimates, health and safety risks and the uncertainty of estimates and projections of production, costs and expenses. The reader is cautioned not to place undue reliance on this forward-looking information.
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.
Bayshore Petroleum Corp.
Chief Executive Officer and President