Zedcor Energy Inc. Announces Executive Resignation

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Zedcor Energy Inc. Announces Executive Resignation

Canada NewsWire

CALGARY, May 22, 2018 /CNW/ - Zedcor Energy Inc. (the "Company" or "Zedcor") (TSX VENTURE: ZDC) announces that effective May 25, 2018, Mr. Ian McKinnon will resign as President and Chief Executive Officer of Zedcor.  After four months of working closely with the senior management team at Zedcor, Mr. McKinnon and the Board concluded that the executive team's restructuring efforts and strategic plan is effectively moving forward, and as such Mr. McKinnon is stepping back from an executive role and will remain as a member of the Board of Directors of Zedcor.  The Board wishes to thank Mr. McKinnon for his efforts.

Zedcor Energy Inc. (CNW Group/Zedcor Energy Inc.)

Effective May 25, 2018 Mr. Dean Swanberg will assume the role of Interim Chief Executive Officer of Zedcor.

About Zedcor Energy Inc.

Zedcor Energy Inc. is a Canadian public corporation and parent company to Zedcor Energy Services Corp. ("Zedcor Corp."). Zedcor Corp. is engaged in the rental of surface equipment and accommodations to the Western Canadian Oil and Gas Industry. The Company trades on the TSX Venture Exchange under the symbol "ZDC".

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.

SOURCE Zedcor Energy Inc.

View original content with multimedia: http://www.newswire.ca/en/releases/archive/May2018/22/c7559.html

Copyright CNW Group 2018

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