Business
Eros Provides Corporate Update and Management Change
Eros Provides Corporate Update and Management Change Canada NewsWire VANCOUVER, ...
About this update from Trident Resources Corp.
[{"type":"text","content":"\n\n\n\nEros Provides Corporate Update and Management Change\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. 16, 2018\n\n\n\nVANCOUVER, Jan. 16, 2018 /CNW/ - Eros Resources Corp. (TSX.V: ERC) (\"Eros\" or the \"Company\") wish to provide an update regarding the Company's focus and priorities. \n\nThe Board of Directors has recently renewed the Company's resolve to focus on Canadian resource investments, with priority given to advanced Canadian projects focused both in oil & gas and minerals.  The company currently holds over $3.4 million in cash, an equity portfolio valued over $6.1 million, and has modest cash-flow from its share in three heavy-oil wells in the Flaxcombe oil fields in Saskatchewan. \n\nThe Company also wishes to advise that Ron Stewart has resigned as President and Chief Executive Officer of the Company to pursue other professional activities.  We wish to thank Mr. Stewart for the contributions he has made over the past year and wish him well in his endeavours.\n\nRonald Netolitzky has been appointed interim President and Chief Executive Officer until a permanent appointment has been made.\n\nAbout Eros \n\nEros Resources Corp. is a Canadian public company focused on the exploration and development of resource projects in North America. Eros has as its prime business objective the selection of strategic investments with a Canadian focus and a diverse commodity base. The Company's expertise in the resource sector supports the selection of these strategic investments.\n\nOn behalf of the Board of Directors of Eros Resources Corp.,\n\nTom MacNeillChairman of the Board of Directors\n\nCautionary note regarding forward-looking statements \n\nCertain statements made and information contained herein may constitute \"forward looking information\" and \"forward looking statements\" within the meaning of applicable Canadian and United States securities legislation, including, among other things, this press release includes references to mineral resources and future po...