CNQ: CBRL
VANCOUVER, Aug. 1 /CNW/ - The Company wishes to advise it held its Annual
General Meeting on July 30, 2008 ("AGM") at which time Dieter Peter, Andrew H.
von Kursell, Peter D. Lewis, Paul G. Reinhart and Rafael Pinedo were elected
to the Company's board of directors.
The Company's shareholders passed the resolution ratifying the Company's
stock option plan.
At its board meeting held immediately after the AGM, the following
persons were appointed as officers: Dieter Peter - Chief Executive Officer and
President, Jayram Hosanee as Chief Financial Officer and Josephine See as Vice
President, Corporate Affairs, Treasurer & Corporate Secretary.
The following members were appointed to the respective committees:
Audit Committee Corporate Governance & HR Committee
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Andrew von Kursell, Chair Andrew von Kursell, Chair
Rafael Pinedo Rafael Pinedo
Paul Reinhart Paul Reinhart
Exploration Committee Environmental & Safety Committee
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Peter D. Lewis, Chair - Mineral Peter D. Lewis, Chair
Exploration Andrew von Kursell
Rafael Pinedo, Chair - Oil & Gas Dieter Peter
Andrew von Kursell Rafael Pinedo
The Board approved the change of the Company's name to CB Resources Ltd.
The stock symbol "CBRL" will remain unchanged. The Company will issue another
news release when the name change is effective.
The Board also approved the granting of aggregate 218,800 incentive stock
at an exercise price of $0.065 per share to its directors, committee members,
employees and consultants. These options are granted for a three-year period
and the grant is subject to vesting provisions.
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adequacy or accuracy of the contents of this news release.
