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Poseidon Concepts Appoints Executive Chairman; Shares Rise 8% Mid-Morning

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Poseidon Concepts Corp. (PSN.TO) has appointed Scott Dawson, the Chairman of the Board of Directors, as Executive Chairman of the company. The Board has established a clear mandate for Dawson to work with the company's management team to continue developing and improving Poseidon's operations and business processes and to help guide its strategic direction going forward.

Dawson is a professional engineer with over 25 years of experience in the North American oil and gas industry.

Poseidon is up 8% to $5.12. It fell to a new yr low of $4.49 last week.

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

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