Business
Trican Announces Resignation of Michael Rapps from Its Board of Directors
Calgary, Alberta--(Newsfile Corp. - June 16, 2021) - Trican Well Service Ltd. (TSX: TCW) (" Tr...
About this update from Trican Well Service Ltd.
[{"type":"text","content":"Trican Announces Resignation of Michael Rapps from Its Board of DirectorsCalgary, Alberta--(Newsfile Corp. - June 16, 2021) - Trican Well Service Ltd. (TSX: TCW) (\"Trican\" or the \"Company\") announces that Michael Rapps will resign as a member of the Board of Directors of Trican effective June 18, 2021 to focus on his role as Managing Partner of Converium Capital. Mr. Rapps has served as a member of the Board since May 2019, and is a member of the Audit Committee and the Human Resources and Compensation Committee.Bradley Fedora, President and CEO of Trican, commented: \"We enjoyed working with Michael this past few years. During the period, Michael showed that he is pragmatic and not afraid to challenge the status quo to achieve the best results for the Company and its shareholders. We thank Michael for his guidance and wish him well in his future endeavours.\"Mr. Rapps said: \"It has been a pleasure to serve as a director at Trican. I am proud of the Company's accomplishments over the last few years, especially streamlining its asset base and operations and setting Trican up to thrive. I am confident that under Brad's leadership, the Company will enjoy tremendous success.\" The Company intends to appoint a replacement for Mr. Rapps in due course. FORWARD-LOOKING STATEMENTSCertain statements and other information contained in this press release constitute \"forward-looking information\" and/or \"forward-looking statements\" within the meaning of applicable Canadian securities legislation (collectively \"forward-looking statements\"). These forward-looking statements relate to future events or our future performance. All statements in this press release other than those relating to historical facts or current conditions are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as \"anticipate\", \"achieve\", \"estimate\", \"expect\", \"intend\", \"plan\", \"planned\", and other similar terms and phrases. These forward-looking statements involve known and unknown risks, uncertainties and other factors (many of which are beyond our control) that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. We believe the expectations reflected in these forward-looking statements are reasonable, but no assurance ca...