Compliance Energy Corp CPYCF

Compliance Coal Hires VP Operations

[str8tgoods]

Vice President Operations Hired for Compliance Coal

Vice President Operations Hired for Compliance Coal

VANCOUVER, Oct. 10, 2012 /CNW/ - Compliance Energy Corporation ("Compliance" or the "Company) is pleased to announce that Mr. Stephen Ellis has been hired and appointed Vice President, Operations, for Compliance Coal Corporation. Compliance Coal in a wholly-owned subsidiary of the Company, and holds a 60% interest in over 31,000 hectares of coal rights on Vancouver Island, British Columbia, where we are focused on developing the Raven Underground Coal Project.

Mr. Ellis began his extensive coal mining career, spanning more than 30 years, in the United Kingdom where he worked in both operational and technical roles in several underground coal mines before relocating to Australia in 2006 to Rio Tinto's Kestrel Mine. In late 2010, Stephen moved to the Pike River Coal Mine in New Zealand as Production Manager and then as Mine Manager. Mr. Ellis holds a First Class Mine Manager's Certificate of Competency in the United Kingdom and New Zealand with mutual recognition of these in Australia.

"We are delighted to have Stephen join our team" stated John Tapics, President & CEO. "His extensive experience in underground coal mining operations in multiple jurisdictions is a rare commodity. We will be able to draw on his experience and knowledge to begin to build and train a team of other professionals as we advance the Raven Project."

In conjunction with this appointment, the Board of Directors has approved the grant of 150,000 stock options to Mr. Ellis at an exercise price of $0.10 per share. The options have a five year term and are subject to vesting over 36 months with one-third of the options vesting each year.

About Compliance Energy Corporation

Compliance Energy Corporation is a mining exploration and development company. Our primary holding is our interest in over 31,000 hectares of coal rights on Vancouver Island, British Columbia, where we are focused on developing the Raven Underground Coal Project of which we hold a 60% interest. The remaining 40% is owned by I-Comox Coal Inc. (a subsidiary of Itochu Corporation of Japan) and by LG International Investments (Canada) Limited (a subsidiary of LG International Corp. of Korea).

The Company also holds a number of mineral exploration properties totaling over 24,000 hectares on Vancouver Island, BC which are 100% owned by the Company, some subject to certain royalty requirements. Our shares trade on the TSX Venture Exchange under the symbol CEC and investor information is available on our web site at www.complianceenergy.com.

On behalf of the Board of

COMPLIANCE ENERGY CORPORATION

John Tapics
Chief Executive Officer

[2girlz]

They should have taken a closer look at Mr. Ellis' resume.   Didn't Pike River have a series of methane explosions that killed 29 workers in 2010?  Aren't they facing 21 charges of labour code violations?  Rio Tinto's Kestral Mine?  Lay offs due to increased costs and low prices for coal?  This is Compliance Coals new VP of operations?  

[2guys]

You seem to be implying that Steve Ellis was somehow incompetent in his past role 2girlz.   At least that is how I'm reading your post.  Is that what you think of Mr. Ellis?   Do you know who was responsible for the Pike River mine explosion?  How did Mr. Ellis handle the situation?  Are you implying that he wasn't professional in the way he handled things?  

[2girlz]

I am not implying that Mr. Ellis is incompetent.  Perhaps you can tell me how Mr. Ellis handled the situation at Pike River before, during and after the explosion.  Have they recovered the bodies yet?  I just don't think this is good PR for Raven.  It does not make me feel confident that profit is attainable without sacrificing the environment and/or worker safety

[2guys]

2girlz, Mr. Ellis was hired by PRC as Operations Manager approx. 8 weeks prior to the methane explosion. I believe the Royal Commission that handled the enquiry concluded, with the assistance of Solid Energy who later bought the mine, that the methane explosion was likely caused by the method of mining used to extract the coal, Hydro-Mining. Mr Ellis was co-operative with the Commission from the

[2girlz]

I guess I'm not the only one who thinks its a bit odd to hire someone with this background. I wonder what the folks in NZ think about this since the bodies of the miners have not yet been recovered. How would you feel 2guys, if it were someone in your family buried in that mine? I know, I know - its just about the money. Its not really about jobs or the people who risk their lives or the

[bestguesstoo]

You said, "Be very, very careful about investing in a mine that has no social license to proceed."   What is a "social license to proceed"? BGT

[2girlz]

You can google the answer to that.  Its pretty obvious.  It has to do with acceptance and approval of the community.  Please don't play dumb. 

[2girlz]

Why don't we let people make up their own mind about the Pike River explosion. I am aware that Mr. Ellis was hired eight weeks prior to the methane explosion but I am not at all sure about the statements that followed your comment. I thought it was an inadequate electrical system that ignited the methane. I sure wouldn't want to make my money by risking the lives of the poor and desperate

[bestguesstoo]

I'm not playing dumb - I was just asking you to clarify what you mean. Community has more than one meaning.https://en.wikipedia.org/wiki/CommunityThe term community has two distinct commutive meanings: 1) Community usually refers to a social unit larger than a small village that shares common values. The term can also refer to the national community or international community, and, 2) in