Stocks & Investing
Stocks and Investing
Stocks and Investing
Tue, September 4, 2012 CanAm Announces the Retirement of John Bergen from the Board of Directors
September 04, 2012 09:01 ET
CanAm Announces the Retirement of John Bergen from the Board of Directors
CALGARY, ALBERTA--(Marketwire - Sept. 4, 2012) - CanAm Coal Corp. (TSX VENTURE:COE)(OTCQX:COECF) ("CanAm" or the "Company") is announcing the retirement of Mr. John Bergen from its Board of Directors.
On August 30, 2012, John Bergen elected to retire from the Board of Directors of CanAm Coal Corp. John has been a member of the Board since 2005, serving as its Chair from 2005 to 2008. From 1998 to 2005, John was the Company's President and CEO. Commenting on Mr. Bergen's decision, Jon Legg noted, "John Bergen's contribution to the growth and development of CanAm Coal cannot be overstated. In many ways, he has been the face of the Company for close to 20 years. His leadership and guidance have been invaluable to all of us. We truly thank John for his outstanding contributions to the board and this Company."
About CanAm Coal Corp.
CanAm is a coal producer and development company focused on growth through the acquisition, exploration and development of coal resources and resource-related technologies. CanAm's main activities and assets include its four operating coal mines in Alabama and the Buick Coal Project which holds significant coal resources, 188 million indicated and 103 million inferred resources, in Colorado, USA (see the technical report entitled "Limon Lignite Project, Elbert County, Colorado, USA," dated October 26, 2007 and filed on SEDAR on November 2, 2007). Other coal and related opportunities continue to be evaluated on an ongoing basis.
This news release may contain certain forward-looking information. All statements included herein, other than statements of historical fact, is forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in the Company's disclosure documents on the SEDAR website at [ www.sedar.com ]. 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.
