Crown Point Ventures Ltd. (the “Company”) (TSX.V: CWV) announces the following changes
in management:
- Gordon R. Kettleson, former Chief Financial Officer, has been appointed
President and Chief Executive Officer; and
- Hal Kettleson, former President and Chief Executive Officer, has been appointed
Chief Financial Officer and Chairman of the Board.
The Company would like to acknowledge Hal Kettleson’s leadership in bringing the Company to
its present status as a successful junior oil and gas company with production in both Alberta and
Manitoba, and the forthcoming expansion of the Company’s interests into oil and gas sector in
Argentina, as previously announced.
In conjunction with the appointment of Gordon R. Kettleson as the new President and Chief
Executive Officer, the Company has granted to him an incentive stock option under its incentive
stock option plan in respect of 100,000 shares, exercisable at $0.89 per share.
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