Veresen Announces Management Change
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
CALGARY, April 19, 2013 /CNW/ - Veresen Inc. ("Veresen") (TSX: VSN) today announced that David Holm has resigned as Executive Vice President, Corporate & Business Development, effective April 26, 2013.
"David has played an integral role in Veresen's success," said Don Althoff, Veresen's President and Chief Executive Officer. "We thank David for his significant contributions and service during his tenure with our organization, and we wish him well in his future endeavors."
About Veresen Inc.
Veresen is a publicly-traded dividend paying corporation based in Calgary, Alberta, that owns and operates energy infrastructure assets across North America. Veresen is engaged in three principal businesses: a pipeline transportation business comprised of interests in two pipeline systems, the Alliance Pipeline and the Alberta Ethane Gathering System; a midstream business which includes ownership interests in a world-class natural gas liquids extraction facility near Chicago, the Hythe/Steeprock gas gathering and processing complex, and other natural gas and NGL processing energy infrastructure; and a power business with renewable and gas-fired facilities and development projects in Canada and the United States, and district energy systems in Ontario and Prince Edward Island. Veresen and each of its pipeline, midstream and power businesses are also actively developing a number of greenfield projects. In the normal course of its business, Veresen and each of its businesses regularly evaluate and pursue acquisition and development opportunities.
Veresen's common shares, Series A preferred shares, and 5.75% convertible unsecured subordinated debentures, Series C due July 31, 2017 are listed on the Toronto Stock Exchange under the symbols "VSN" , "VSN.PR.A" and VSN.DB.C", respectively. For further information, please visit www.vereseninc.com.
Dorreen Miller Director, Investor Relations Phone: (403) 213-3633 Email: email@example.com
SOURCE: Veresen Inc.
To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/April2013/19/c7114.html
CO: Veresen Inc. ST: Alberta NI: OIL 2575 WNEWS
-0- Apr/19/2013 21:06 GMT