Business
Finavera Renewables Announces Change to Board of Directors
Finavera Renewables Announces Change to Board of Directors.
About this update from Solar Alliance Energy Inc.
[{"type":"text","content":"\n\n\n\nVANCOUVER, BRITISH COLUMBIA, February 21 /CNW/ - Finavera Renewables Inc.\n(the \"Company\") (TSX-V: FVR) has accepted the resignation of Damien Reynolds\nas a non-executive director of the Company. Reynolds was a co-founder of\nFinavera Renewables and played a key role in focusing the Company during its\nearly development.\n\n\nFinavera Renewables CEO Jason Bak said, \"We recognise that Damien's\nextensive business interests mean that he can no longer commit the time\nrequired as member of the Board. We wish him well for the future and would\nlike to record our appreciation for the value he has delivered during his\ntenure as a director.\"\n\n\nBak continues, \"Finavera Renewables has been experiencing rapid growth\nand is continually investigating opportunities to add further value for\nshareholders. To facilitate this, we will be appointing additional\nnon-executive directors with a combination of experience, knowledge and\nindependence to allow the Board to fulfill its obligations towards the Company\nand deliver value for shareholders in the best possible way.\"\n\n\nOn behalf of the Board of Directors,\n\n\nJason Bak\n\n\nCEO, Finavera Renewables Inc.\n\n\nThis news release does not constitute an offer to sell or a solicitation\nof an offer to sell any of securities in the United States. The securities\nhave not been and will not be registered under the United States Securities\nAct of 1933, as amended (the \"U.S. Securities Act\") or any state securities\nlaws and may not be offered or sold within the United States or to U.S.\nPersons unless registered under the U.S. Securities Act and applicable state\nsecurities laws or an exemption from such registration is available.\nStatements in this news release, other than purely historical information,\nincluding statements relating to the Company's future plans and objectives or\nexpected results, constitute Forward-looking statements. Such statements are\nbased on numerous assumptions and are subject to all the risks and\nuncertainties inherent in the Company's business, including risks related to\nexploration and development. Consequently, actual results may vary materially\nfrom those described in the forward-looking statements.\n\n\nThe TSX Venture Exchange does not accept responsibility for the adequacy\nand accuracy of this release.\n\n\n","length":2380,"tagName":...