2013-08-16 22:19:14 -
Not for distribution to United States newswire services or for dissemination in the United States
London, Ontario CANADA, August 16, 2013 /FSC/
Tribute Resources Inc. (TRB - TSX Venture"Tribute a developer of natural gas storage and renewable energy projects, is pleased to announce the appointment of Mr. Rob Savard to the Board of Directors. The appointment is subject to the approval of the TSX Venture Exchange. Mr. Rob Savard is currently the President and CEO of Western Tidal Holdings Ltd., a developer of tidal power projects in British Columbia which was recently acquired through a share purchase exchange by Tribute. In addition to his role at Western Tidal Holdings Ltd., Mr. Savard is a director and the CEO for Canadian Green
Power Investment and Management Services Inc, a successful wind farm developer based in Ontario. A natural gas and energy veteran of 30 years, Rob has co-founded and participated in several Canadian based early stage renewable project development companies resulting in over 685 MWs of renewable power currently under construction or in late stage permitting across Canada. Tribute is very pleased to have Rob as a member of the Board of Directors.
About Tribute Resources Inc.:
Tribute is a Canadian publicly traded energy company that was incorporated under the Business Corporations Act of the Province of Alberta on May 15, 1997. Tribute's primary focus is on adding value to shareholders by exploring for, developing and maintaining a long-term interest in market-based priced underground natural gas storage assets and renewable energy projects in the Province of Ontario. Tribute's objective is to build a company capable of delivering and sustaining long-term per share growth by developing energy projects that will generate stable long-term cash flow when fully operational. Tribute's business plan is to build upon its current asset base to identify, permit, develop, and construct projects that meet its threshold return criteria. Tribute creates value by identifying project opportunities, providing the expertise to develop the projects and maintaining an interest in the completed assets to build long-term stable utility quality cash flow from a strong and diversified energy related asset base. Tribute's goal is to become one of the leading independent, market-based priced energy providers in Ontario by integrating gas storage and renewable resources to provide reliable, environmentally friendly energy to customers at competitive market-based prices.
Certain statements in this press release may include "forward-looking" statements which involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements of Tribute to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. When used in this press release, such statements use such words as "may", "will", "expect", "anticipate", "project", "believe", "plan", and other similar terminology. The risks and uncertainties are detailed from time to time in reports filed by Tribute with applicable securities regulatory authorities. New risk factors may arise from time to time and it is not possible for management to predict all of those risk factors or the extent to which any factor or combination of factors may cause actual results, performance and achievements of Tribute to be materially different from those contained in forward-looking statements. Given these risks and uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchanges) accepts responsibility for the adequacy or accuracy of this news release.
For further information on this press release please contact Jennifer Lewis, CFO of Tribute at (519) 657-7624 or visit our website at www.tributeresources.com.
To view the press release as a PDF file, please click on the following link:
Source: Tribute Resources Inc. (TSX-V: TRB) www.tributeresources.com
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