CALGARY, ALBERTA--(Marketwire - Oct. 23, 2012) - Pro-Trans Ventures Inc. ("Pro-Trans" or the "Corporation") (TSX VENTURE:PVI) announces the appointment of Darby Kreitz as the Chairman of the board of directors (the "Board") and Betty-Ann Heggie as the Lead Director of the Corporation effective October 23, 2012. Mr. Kreitz is replacing Don Black as Chairman of the Board. Mr. Black has also resigned as a director of the Corporation, along with Melinda Park and David Criddle, effective October 23, 2012. Mr. Criddle will remain as the Interim Chief Financial Officer of the Corporation.
"I would like to thank Don, Melinda and David for their commitment to Pro-Trans and their service during their tenure as directors. Their contributions were instrumental in the successful development of the Pro-Trans and the positioning of the Corporation for the bright future ahead." stated Darby Kreitz.
Upon the resignation of Mr. Black, Darby Kreitz has been appointed by the Board to assume the position of Chairman of the Board and Betty-Ann Heggie has been appointed as Lead Director of Pro-Trans, effective immediately.
"We are looking forward to the passion that Darby and Betty-Ann will bring to Pro-Trans in their new leadership positions. We are confident that Darby's skills and talents in building a business along with Betty-Ann's experience in corporate governance and investor relations throughout her many years as a senior executive at PotashCorp, will be a winning combination." said Brian Murray, the President and Chief Executive Officer of Pro-Trans.
The Corporation believes that the reduced number of board members is appropriate given the current size and stage of development of Pro-Trans, especially as its current composition will not impact the board's independence. In addition to Mr. Kreitz and Ms. Heggie, the other members of the board of directors are Douglas Davis, Les Dube, Sean Durfy, Russel Marcoux and Brian Murray.
Pro-Trans is a Calgary based public corporation listed on the TSX Venture Exchange. The Corporation is actively involved in specialized transportation and logistics services within Western Canada, primarily through it's wholly owned subsidiary, Maple Leaf Loading Ltd., based in Prince George, B.C. Maple Leaf Loading Ltd., a mining support corporation, offers specialized transportation services related to the management, handling and transportation of coal and ore concentrates involved in the mining industry in B.C., Alberta and the Yukon.
Neither the TSX-V, nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.