Business
Maple Leaf's Board Appoints New Director
Maple Leaf's Board Appoints New Director
About this update from Maple Leaf Green World, Inc.
[{"type":"text","content":"\n\n\n\nFeb. 4, 2010 (Canada NewsWire Group) -- CALGARY, Feb. 4 /CNW/ -- Maple Leaf Reforestation Inc. (\"Maple Leaf\" or the \"Company\") is pleased to announce that effective February 1, 2010, Mr. David Crombie has been appointed to the Board of Directors of the Company. Mr. Crombie is a Chartered Management Accountant who has an accomplished track record in the capital markets, having raised over $250 million for private real estate development. Since 1979, Mr. Crombie has been the President of Crombie & Associates, which has offices in Washington, San Francisco, Toronto, Vancouver, Calgary, Hamburg, London, Rome, Riyadh and Jeddah. The firm acts as a financial consultant to major international companies with respect to various developmental projects. As well, since 1999, Mr. Crombie has been the Principal and owner of DC Capital Inc, which provides Directorship and consulting services to various public and private companies.In addition, since 2006 Mr. Crombie has been the President and Chief Executive Officer, as well as a director of Conserve Oil Corporation (\"Conserve\"), which is a specialized oil refining company in the renewable energy industry that provides environmentally friendly oil recycling solutions. Conserve is involved in various North American projects, including Little Dipper Holdings Ltd., which has oil collection facilities in Calgary, Edmonton, Red Deer, Grande Prairie, Fort McMurray, Lloydminster and Saskatoon. Conserve also has a joint cooperation with Orrco Oil Re-Refining Company, which has 16 waste oil recycling facilities throughout the states of Washington, Oregon, Montana, Nevada and Utah. Conserve is presently undertaking to expand its waste oil refinery operations into various international locations. More information about Conserve's projects can be located at the following websites: www.littledipper.ab.ca and www.orrco.biz.Raymond Lai, President and CEO of Maple Leaf comments, \"We are very excited about Mr. Crombie joining our Board as he brings many years of successful capital market experience in Canada and Germany and excellent connections within the renewable oil refinery industry.\"Issuance of Additional Incentive Stock OptionsMaple Leaf also announces that, pursuant to its \"rolling\" stock option plan and subject to TSX Venture approval, the Company has granted 2,800,000 incentive stoc...