20:08:38 EDT Mon 29 Apr 2024
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or Name
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Microcoal Technologies Inc
Symbol MTI
Shares Issued 67,155,471
Close 2013-08-19 C$ 0.36
Market Cap C$ 24,175,970
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Microcoal appoints Drolet to advisory board

2013-08-20 08:46 ET - News Release

Mr. Slawek Smulewicz reports

MICROCOAL TECHNOLOGIES APPOINTS FORMER PRESIDENT AND CEO OF ONTARIO HYDRO INTERNATIONAL TO ADVISORY BOARD

Microcoal Technologies Inc. has appointed Thomas S. Drolet to the advisory board.

"We are very pleased to welcome Thomas Drolet to the advisory board," said Slawek Smulewicz, chief executive officer and director of the company. "Tom has had a 45-year career in many segments of the energy sector and has held senior positions in: electrical utilities, technology development, coal, natural gas, nuclear, distributed generation, geothermal and renewables companies. The company is excited to work with Tom to tap into his Canadian, U.S. and international networks. This relationship will allow the company to expedite its marketing strategy to sell the Microcoal technology on a global scale."

Mr. Drolet was born in Ottawa, Canada. He holds a bachelor's degree in chemical engineering from Royal Military College of Canada, a master's of science degree in nuclear technology/chemical engineering and a DIC from Imperial College, University of London, England. He also holds a mini-MBA from the University of Western Ontario (1980). Mr. Drolet spent 26 years with Ontario Hydro in various engineering, research and operations functions (predominately Nuclear Energy). He formed and headed Canada's R&D (research and development) program into fusion (CFFTP) in 1982 and then moved into international commercial work with Ontario Hydro International, a spinoff of the world's fourth largest electrical utility, where he was named president and chief executive officer in 1993.

Mr. Drolet was then appointed managing director of American Electric Power, Canada, and president of Canadian Energy Opportunities Inc. where he was involved in mergers, acquisitions and other consulting activities in the Canadian and U.S. power sectors. He then joined DTE Energy Technologies as its head of international business for distributed generation products. Most recently, he has worked in renewable energy doing electrical project work in Canada, the U.S., Chile, Peru and in Kenya. He was at Chernobyl, Ukraine, soon after the accident in 1986, at Three Mile Island and has been on TV talking about Fukushima several times since the earthquake/tsunami/accident. He has given over 80 presentations on Energy, including coal-fired power plants and coal supply over the last 35 years and continues consulting in most sectors of energy worldwide.

Mr. Drolet said, "I am convinced Microcoal has an exciting technology and I am looking forward to being an ambassador for the company and assisting its expansion into markets globally." Coal plays a vital role in electricity generation worldwide. Coal-fired power plants currently fuel 41 per cent of global electricity and the clean coal upgrading technology provided by MicroCoal will help reduce greenhouse gases as well as improve efficiencies for the utility thereby keeping the cost to consumers as low as possible."

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