RE: Ready to popBengal director Bonnycastle resigns
Ticker Symbol: C:BNG
Bengal director Bonnycastle resigns
Bengal Energy Ltd (C:BNG)
Shares Issued 51,961,349
Last Close 10/6/2011 $1.25
Friday October 07 2011 - News Release
Mr. Chayan Chakrabarty reports
BENGAL ENERGY REPORTS RETIREMENT OF BOARD MEMBER
Richard Bonnycastle has retired as a director of Bengal Energy Ltd. Having served as a director of Bengal for the past 15 months through a major reorganization and successful fundraising, Mr. Bonnycastle now wishes to reduce his professional commitments and has tendered his resignation to the board of directors.
Chayan Chakrabarty, Bengal's president and chief executive officer, stated that: "Mr. Bonnycastle's commitment to Bengal, both as a director and key investor, has been instrumental to Bengal's growth and development. Due in large part to Mr. Bonnycastle's support and guidance, Bengal is now well placed to further advance our exploration projects in India and Australia. We thank Mr. Bonnycastle for his efforts and commitment to Bengal, and wish him well in the future ".
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