Cancen Provides Operational Update, Appoints CFO and Corporate Secretary

By
A A A
Share |

Cancen Oil Canada Inc. (COI.V) today provided an update on the operational activities of the Corporation and announce the appointment of full time Chief Financial Officer and Corporate Secretary.

Operational Update:

Cancen currently has two facilities, Silver Valley and Kinsella, which are operating and generating revenue for the company. Further, the Corporation has two other locations, Chamberlain and Athabasca, which it plans to expand and develop.

Cancen has appointed Shankar Nandiwada as the Chief Financial Officer and Corporate Secretary of the Corporation effective February 4, 2013. Nandiwada is a Chartered Accountant with nearly 20 years of public and private company experience as a Controller and Chief Financial Officer in Canada, the US and internationally. His experience includes various levels of public reporting and strategic business planning, budgeting and forecasting.

Jeffrey Love ceased to be the Chief Financial Officer of the Corporation effective February 3, 2013, but will continue to assist the company until February 15th.

Cancen is trading near a yr low.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


This article appears in: Investing , Commodities

Referenced Stocks:

MT Newswires

MT Newswires

More from MT Newswires:

Related Videos

Stocks

Referenced

Most Active by Volume

89,970,926
  • $16.15 ▲ 0.12%
77,131,582
  • $58.94 ▼ 1.31%
67,336,935
  • $26.56 ▲ 1.68%
48,814,124
  • $86.20 ▲ 0.02%
47,526,126
  • $23.21 ▲ 0.78%
44,660,424
  • $23.91 ▲ 6.36%
38,799,699
  • $4.289 ▲ 4.36%
36,199,890
  • $40.01 ▼ 0.97%
As of 4/17/2014, 04:07 PM