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Tornado Global Hydrovacs Announces Appointment of

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Post# of 301275
(Total Views: 152)
Posted On: 07/04/2017 1:00:17 PM
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Posted By: News Desk 2018
Tornado Global Hydrovacs Announces Appointment of Interim Chief Financial Officer

CALGARY, Alberta, July 04, 2017 (GLOBE NEWSWIRE) -- Tornado Global Hydrovacs Ltd. (“Tornado” or the “Company”) (TSX-V: TGH ) is pleased to announce that effective July 1, 2017 Mr. Alastair Robertson was appointed to the position of Interim Chief Financial Officer. It is anticipated that Mr. Robertson will serve in this position until December 31, 2017, unless a permanent CFO is appointed before then.  Mr. Robertson’s appointment as Interim Chief Financial Officer is subject to the approval of the TSX Venture Exchange.

Mr. Robertson is an experienced financial executive with a 30-year career in Canadian business, involved with the founding, growing, financing and managing of several Canadian private and public companies. Most recently he was Chief Financial Officer of CYGAM Energy Inc., a TSX Venture Exchange listed oil and gas company with operations in Tunisia and Italy.  From 2006 to 2011 he was President of Northlinks Corporation, a consulting firm specializing in early stage private and public companies. Prior to that, he was the Chief Financial Officer and a Director of Ausam Energy Corporation, an SEC registered and TSX Venture Exchange listed company with operations in Australia and the USA.  From 1982 to 1996, he had a 14-year career culminating as Senior Vice President and Chief Financial Officer of Nowsco Well Service Ltd., a TSX and NASDAQ listed international oilfield service company with operations in Canada, the USA, Europe, Russia, south east Asia and South America.  He is also a former Director and Chairman of the audit committee of Wentworth Resources Ltd (formerly Artumas Group Inc.), an Oslo listed public company involved in oil and gas and power generation, with operations in East Africa. Mr. Robertson is a member of the Institute of Chartered Accountants of Scotland.

About Tornado Global Hydrovacs Ltd.

The Company designs and manufactures hydrovac trucks in Canada and sells hydrovac trucks for excavation service providers to the oil and gas industry and the municipal markets in Canada and the USA. Hydrovac trucks use high pressure water to pulverize soil and turn it into mud, and then vacuum up the resulting mud into its tank. Tornado currently operates in North America. The Company intends to expand its hydrovac business into China and has established a wholly owned operation in China with a head office in Beijing. 

For more information about Tornado, visit www.tghl.ca  or contact:

Bill Rollins Chief Executive Officer Phone:  (403) 204-6333 Email:  brollins@tghl.ca

Advisory

The Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

Neither the Exchange nor its Regulation Service Provider (as that term is defined in policies of the Exchange) accepts responsibility for the adequacy or accuracy of this news release.



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