CALGARY, ALBERTA -- (Marketwire) -- 06/18/12 -- Newton Energy Corporation (the "Company" or "Newton") (TSX VENTURE:NTN) announces that, subject to regulatory approval, it has appointed Jimmy Chow to its board of directors. Mr. Chow has been active with both public and private companies for over 25 years in the energy, finance and real estate sectors. Mr. Chow was President of Ritter Capital Corp. and OM Shelters Ltd. He served on the board of directors of Best Pacific Resources Ltd. and Infiniti Resources International Ltd. Mr. Chow practiced securities law at Burnet, Duckworth & Palmer and also worked at Merrill Lynch Canada Inc. as an investment banker. Mr. Chow has a B.Sc. (Pharmacy), M.B.A. and LL.B.
The Company is also pleased to announce, subject to regulatory approval, it has appointed J. Arthur (Art) Bray as Chief Financial Officer and Corporate Secretary of the Corporation. Mr. Bray has over 35 years of financial and senior management experience. He was the Supervisor of Corporate Finance with Alberta Energy Company and the Director of Corporate Finance with Petro Canada. Mr. Bray has also served as Vice President Finance, CFO, CEO and Chairman of the board of various international energy companies. Mr. Bray has worked internationally in Russia, Kazahkstan, Indonesia, Peru, Colombia and Myanmar. Mr. Bray has a B.M. (1970), M.M. (1975) and M.B.A. (1984) from the University of Alberta.
Newton is an oil and gas company with exploratory targets on its East Midlands licenses in the United Kingdom. Newton maintains offices in London, England and Calgary, Alberta.
Except for the historical and present factual information contained herein, the matters set forth in this news release, including words such as "expects", "projects", "plans", "anticipates", and similar expressions, are forward-looking statements that represents management of Newton's internal projections, expectations or beliefs concerning, among other things, future operating results and various components thereof or the economic performance of Newton. The projections, estimates and beliefs contained in such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause Newton's actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, those described in Newton's filings with the Canadian securities authorities. Accordingly, holders of Newton's shares and potential investors are cautioned that events or circumstances could cause results to differ materially from those predicted. Newton disclaims any responsibility to update these forward-looking statements except as required by applicable securities legislation.
Neither 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 release.
Newton Energy Corporation
+44 797 122 4675
Newton Energy Corporation
200, 638 - 11th Avenue SW
Calgary, Alberta T2R 0E2