TSXV:VER.H - Post by User
Post by
Rocketred500on Feb 20, 2011 9:34am
546 Views
Post# 18166118
Material change report
Material change reportThe Company announced that the secured loan holders have agreed to extend the maturity date of
the secured loan from February 1, 2011 to April 1, 2011. This extension is to allow adequate time
for Vecta to complete the necessary legal documentation for completion of documents and
financing pertaining to the joint venture transaction, as announced on November 2, 2010.
____________________________________________________________________________________________
Vecta Energy Corp. has appointed Diane M. Zuber as vice-president, finance, and chief financial officer, effective immediately. In her new position, Ms. Zuber will be responsible for leading Vecta's accounting, finance and investor relations functions.
Ms. Zuber has over 18 years experience in the energy sector and holds a bachelor of commerce in finance from the Haskayne School of Business at the University of Calgary and earned the chartered financial analyst designation in 2006.
Ms. Zuber brings a broad range of experience to her new role. She was senior financial analyst at Kinnear Financial Ltd., and prior thereto was manager, investor relations, at AltaGas Income Trust; senior analyst, business development, at Pengrowth Management Ltd.; investor relations analyst at PrimeWest Energy Trust; account manager, energy banking, syndications, at ATB Financial; and financial analyst, energy banking, at Royal Bank of Canada.
"Ms. Zuber has done exceptional work for Vecta as a consultant over the past several months on financial and business development initiatives and represents a cornerstone for us to build our finance department around. She has shown professional skill, tenacity and a special talent in her specialty that will serve Vecta well in the years to come," said Tom Coffman, Vecta's president and chief executive officer.
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
"Ms. Zuber has done exceptional work for Vecta as a consultant over the past several months on financial and business development initiatives and represents a cornerstone for us to build our finance department around
VER explodes soon enough