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Western Atlas Resources Announces Appointment of New Director and Approval of Transaction with Gran Colombia Gold

Western Atlas Resources Announces Appointment of New Director and Approval of Transaction ...

articleSeasif Exploration Inc.January 10, 20205/company/seasif-exploration-inc-1/news/western-atlas-resources-announces-appointment-of-new-director-and-approval-of-transaction-with-gran-colombia-gold
Western Atlas Resources Announces Appointment of New Director and Approval of Transaction with Gran Colombia Gold

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[{"type":"text","content":"\n\n\n\nWestern Atlas Resources Announces Appointment of New Director and Approval of Transaction with Gran Colombia Gold\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Jan. 10, 2020\n\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/\n VANCOUVER, Jan. 10, 2020 /CNW/ - Western Atlas Resources Inc. (\"Western Atlas\" or the \"Company\") (TSXV: WA), is pleased to announce the appointment of Lombardo Paredes as Director of the Company and that pursuant to the results of the Company's annual general and special meeting of its shareholders held today, all of the matters presented to shareholders for consideration in the Company's Management Information Circular were approved. \n\n \n \n\n \nAmong the matters approved was the transaction contemplated by the share purchase agreement, dated as of October 9, 2019, by and between the Company and Gran Colombia Gold Corp. (the \"Transaction Resolution\"), as more particularly described in the information circular.\nAbout Mr. Paredes\nMr. Paredes currently serves as CEO of Gran Colombia Gold Corp. Previously, Mr. Parades served as an independent consultant on energy and environmental project development. Mr. Paredes also held several roles within Petroleos de Venezuela (PDVSA). He was responsible for regional planning of investments and social development for Eastern Venezuela, and was Managing Director and Board Member of Maraven S.A. (an affiliate of PDVSA), with responsibility for the construction and commissioning of the Cardon Refinery Conversion Project in Venezuela, a US$2.6 billion project where he was also General Manager Production Operations Division, with 5,000 employees and oil production of 800 KBbls per day. Mr. Paredes holds a Bachelor of Science in Mechanical Engineering and a Masters of Economic Analysis and Financial Economics.\n\"I would like to welcome Lombardo Paredes to the Company's Board and look forward to working with him. Paredes brings over 20 years of corporate leadership and operations managem...

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