CALGARY, ALBERTA--(Marketwire - May 10, 2012) - Canadian Spirit Resources Inc. ("CSRI" or the "Corporation") (TSX VENTURE:SPI) (OTCBB:CSPUF) is pleased to announce the appointment of Alfred Sorensen as Chief Executive Officer ("CEO") of the Corporation effective immediately. On April 2, 2012 the Corporation announced that Mr. Sorensen had been appointed Interim CEO and he will now assume this role on a permanent basis.
Don Gardner, former CEO, will remain a director of the Corporation and will be available in an advisory capacity to assist in the implementation of the Corporation's strategic plan.
Commenting on the appointment, George Watson, Chairman stated "Alfred brings an international perspective to CSRI and a wealth of experience in the natural gas industry. He has a mandate to improve the financial strength of CSRI and to pursue opportunities that have the potential to enhance the value of the Corporation's large, strategically located resource base".
CSRI is a natural resources company focusing on the identification and development of opportunities in the unconventional gas sector of the energy industry.
On behalf of the Board of Directors,
CANADIAN SPIRIT RESOURCES INC.
George Watson, Chairman of the Board
The corporate information contained in this news release may contain forward-looking forecast information. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonably accurate by CSRI at the time of preparation, may prove to be incorrect. The actual results achieved during the forecast period will vary from the information provided herein and the variations may be material. Consequently there is no representation by CSRI that actual results achieved during the forecast period will be the same in whole or in part as those forecast.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE
Contact Information:
Alfred Sorensen
(403) 539-5005
(403) 262-4177 (FAX)
alfred.sorensen@csri.ca
Canadian Spirit Resources Inc.
Phil Geiger
(403) 539-5005
(403) 262-4177 (FAX)
phil.geiger@csri.ca