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BRIEF-Northern Blizzard resources says Jim Artindale and John Rooney to retire

Published 2017-05-11, 11:40 a/m
© Reuters.  BRIEF-Northern Blizzard resources says Jim Artindale and John Rooney to retire
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May 11 (Reuters) - Northern Blizzard Resources Inc NBZ.TO

* Northern Blizzard Resources Inc. Announces acquisition by waterous energy fund of ownership of 67% of outstanding common shares and director and executive changes

* Jim Artindale And John Rooney, founders of northern blizzard, will be retiring from company

* John Rooney will stay on as ceo for a transition period until his successor is appointed

* Appointment of Adam Waterous, WEF managing partner and chief executive officer

* Jim Artindale will be staying on as president, coo until annual meeting, will become advisor to co for additional 4 months

* Respective director nominees of NGP Ix And R/C Canada, Craig Glick And Brian Minnehan And Robert Tichio And Olivia Wassenaar, tendered resignations as directors of co

* Appointment of Adam Waterous, wef managing partner and ceo, to its board to fill a vacancy created by director resignations

* Notified by Waterous Energy Fund that its acquisition of about 67% of issued & outstanding common shares of co from ngp ix and r/c canada was completed Source text for Eikon: ID:nCNWqd4P3a Further company coverage: NBZ.TO

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