Soon enough!
Finally a knowledgable management team in charge. Is there any direction but up from here?
NOW quite optimistic!
Watch appoints board members - Retires debenture
CALGARY, May 30, 2005 (Canada NewsWire via COMTEX) --
Trading Symbol: WR: TSXV
WATCH RESOURCES LTD. ("Watch" or the "Company") is pleased to announce the appointments of Mr. Paul Watson and Mr. Randy Buchanan, both of Calgary, Alberta, to its board of directors, effective immediately.
Paul Watson is a professional geologist with 32 years of industry experience exploring for oil and gas in the Western Canadian Sedimentary Basin, and is the current President of the Company. Randy Buchanan is a professional geophysicist with over 30 years in the oil and gas industry, and is Watch's current Chief Operating Officer.
Both Mr. Steven Bruk and Mr. Michael Atkinson have resigned as directors of the Company.
The Company is also pleased to announce that it has retired its convertible debenture in the principal amount of $1 Million by way of a cash payment at the option of the debentureholder, Quest Capital Corp.
ON BEHALF OF THE BOARD OF DIRECTORS OF WATCH RESOURCES LTD. "John A. Land" ---------------------------------------- John A. Land, Vice President & Director The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release.
please contact the Company toll-free at 1-866-869-8072 or visit the Company website
at www.watchresources.com.