Mr. Ian Peres reports
RESOLVE ANNOUNCES BOARD CHANGES
Resolve Energy Inc. has made board changes and an initial incentive option grant to new directors, officers and employees postclosing of a recent reverse takeover transaction.
The corporation announces the appointment of Ian C. Peres, the president and chief executive officer of the corporation, to the board of directors. The corporation also announces the grant of 1,605,000 incentive stock options exercisable at 20 cents over various vesting periods to directors, officers and employees, pursuant to the terms of its stock option plan.
About Resolve Energy Inc.
The corporation is focused on the development and commercialization of advanced biofuel and renewable energy technologies as well as the exploration of natural hydrogen resources. The corporation has engineered a proprietary, patent-pending acid hydrolysis technology capable of converting residual biomass -- including bark, demolition wood and paper sludge -- into three complementary renewable energy products: second-generation ethanol, industrial-grade lignin pellets and electricity generated through integrated biomass cogeneration.
A subsidiary of the corporation, Resolve Hydrogen,
also owns 119 mineral exploration claims covering 6,613 hectares (66 square kilometres) in Quebec.
We seek Safe Harbor.
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