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Re: News Release - Wednesday, November 12, 2008
George Sanders & Frank Estergaard Join Fission Energy's Board of
Directors
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Fission Energy Corp. ("Fission" or "the Company") is pleased to
announce that Mr. George Sanders has been elected to the Board of
Directors at the Company's annual meeting held in Kelowna on Thursday,
November 6th. Subsequent to the Annual General Meeting, Mr. Frank
Estergaard was appointed to the Board. These two gentlemen replace
Dieter Krewedl and Ray Larson, who have stepped down. The Board of
Directors would like to thank Mr. Krewedl and Mr. Larson for their
valuable contributions to the Company.
Mr. Sanders is a mining financing and development entrepreneur with
over 30 years of exploration, development and mining finance
experience. He spent over 15 years as a Registered Representative and
minerals specialist with the investment firm Canaccord Capital
Corporation in Vancouver and has held junior and senior corporate
positions with various public companies, including Wescan Goldfields
Inc. and Shore Gold Inc. He currently serves as President of Goldcliff
Resource Corporation, and is a Director of Bitterroot Resources Ltd and
Silvercrest Mines Inc. Mr. Sanders brings his extensive experience in
corporate management, finance and investor relations to the Fission
team.
Mr. Estergaard is a professional Chartered Accountant who retired as a
Partner with KPMG in 2001. His career with KPMG spanned 38 years,
providing audit, taxation and business advice to clients in Vancouver,
Vernon, Ottawa and Kelowna. He served a wide variety of corporations in
the forestry, mining, real estate and land development, high
technology, manufacturing, wholesale and retail industries. These
companies ranged from start-ups to mature enterprises with both
domestic and world-wide operations. In addition, he served on the
Management Committee and Partnership Board of KPMG
Following his retirement from KPMG, Mr. Estergaard has served as a
Director and Chairman of the audit committee for QHR Technologies Inc.
(TSX-V), CFO for Metalex Ventures Ltd. (TSX-V) and CFO and/or Director
for several private entities, including Okanagan Capital Fund (VCC)
Inc., Rackforce Networks Inc., Wear Air Oxygen Inc. and Wear Air
Industrial Inc.
The Company welcomes Mr. Sanders and Mr. Estergaard to the Board. The
remaining composition of the Board of Directors remains unchanged with
Dev Randhawa, Jody Dahrouge and Michael Halvorson being re-elected at
the AGM. All corporate resolutions outlined in the Company's
Information Circular were approved at the Annual General Meeting.
This news release may contain forward-looking statements.
Forward-looking statements address future events and conditions and
therefore involve inherent risks and uncertainties. Actual results may
differ materially from those currently anticipated in such statements.
ON BEHALF OF THE BOARD
"Devinder Randhawa"
DEVINDER RANDHAWA, CHARIMAN & CEO
For Investors Relations
Craig Christy/Bob Hemmerling
877.868.8140
info@fission- energy.com
www.fission-energy.com
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS
RELEASE.
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Copyright (c) 2008 FISSION ENERGY CORP. (FIS) All rights reserved.
For more information visit our website at
http://www.fission-energy.com/ or send mailto:info@fission-energy.com
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