OTCBB:PRPL FRANKFURT: 3P2
CALGARY, May 13 /PRNewswire-FirstCall/ - Park Place Energy Corp. ("Park
Place" or "the Corporation") announces that Mr. David Stadnyk has resigned
as Chairman and Director of the Corporation in order to focus on other
business ventures. The Corporation thanks Mr. Stadnyk for his assistance in
building the foundation of Park Place and wishes him the best in his future
endeavours.
About Park Place
Park Place is a diversified resource company that is participating in
high impact international resource opportunities. The Corporation is
currently developing its North American oil and gas assets as well as
advancing its BrasAm Diamond Project in Central Brazil. Park Place's
management are focused on optimizing profitability and enhancing
shareholder value.
Certain information regarding the Corporation contained herein may
constitute forward-looking statements. These statements may include
estimates, plans, expectations, opinions, forecasts, projections, guidance
or other statements that are not statements of fact. Although Park Place
believes that the expectations reflected in such forward-looking statements
are reasonable, it can give no assurance that such expectations will prove
to have been correct. These statements are subject to certain risks and
uncertainties and may be based on assumptions that could cause actual
results to differ materially from those anticipated or implied. The
Corporation is under no obligation to update or alter any forward-looking
statement. These risks include operational and geological risks, the
ability of the Corporation to raise necessary funds for exploration and the
fact that the Corporation does not operate all its properties. Park Place's
forward-looking statements are expressly qualified in their entirety by
this cautionary statement.
CONTACT: Investor Relations: (877) 685-0076, Email:
info@parkplaceenergy.com, Website: http://www.parkplaceenergy.com; Calgary Head
Office: Suite 300, 840 - 6th Avenue S.W., Calgary, Alberta, Canada, T2P 3E5
SOURCE Park Place Energy Corp.
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CONTACT:
Investor Relations: (877) 685-0076, Email:
info@parkplaceenergy.com, Website: http://www.parkplaceenergy.com;
Calgary Head Office: Suite 300, 840 - 6th Avenue S.W., Calgary,
Alberta, Canada, T2P 3E5
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