VGS Seismic Canada Welcomes New Executives, Issues Stock Options
27 Oktober 2008 - 10:02PM
Marketwired Canada
VGS Seismic Canada Inc., ("VGS" or "the Company") (TSX VENTURE:VGS) is pleased
to announce that Mr. David Mairs assumed responsibilities in his new role of
President and CEO, and his seat on the Board of Directors, on October 20, 2008.
Mr. Mairs joins Lorraine Myers, who began her tenure as Chief Financial Officer
of VGS on October 1, 2008.
In conjunction with these appointments, the Company issued 850,000 stock options
at a strike price of $0.18 on October 27, 2008.
Based in Calgary, Alberta, VGS Seismic Canada Inc. identifies, creates and
markets digital seismic data for licensing to oil and natural gas exploration
companies. To date, the Corporation's growing data library is concentrated in
British Columbia, Southern Alberta and Eastern Saskatchewan. VGS shares trade on
the TSX Venture Exchange under the symbol VGS.
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