CALGARY, ALBERTA — (Marketwired) — 05/08/13 — Newalta Corporation (“Newalta”) (TSX: NAL) reported that at its annual meeting of shareholders held on May 7, 2013, each of the eight nominees proposed as directors and listed in its proxy statement and information circular dated March 22, 2013 were elected as directors of Newalta.
Proxies were received as follows:
The biographies of directors and further details about Newalta–s corporate governance practices as well as the audio recording of the annual meeting are available at .
Newalta also announced the appointment of Michael Starzer to its Board of Directors. Mr. Starzer has over 29 years of experience in the U.S. oil and gas industry, and has served in numerous positions evaluating and developing oil, gas, electricity and geothermal resources. Mr. Starzer is currently the President and CEO of Bonanza Creek Energy, Inc., a Denver, Colorado based exploration and production company that he co-founded. Previously, he served as an Officer, Manager and a Vice President of Berry Petroleum Company, Inc., and prior to that, held various positions at Unocal and California State Lands Commission. Mr. Starzer presently serves on the board of Bonanza Creek Energy, Inc.
“We are pleased to welcome Michael to Newalta–s Board of Directors,” said Barry Stewart, Chair of the Board of Newalta. “His expertise on our Board will be valuable as we grow our U.S. business.”
Mr. Starzer holds a degree in Petroleum Engineering from the Colorado School of Mines and a Master of Science degree in Engineering Management from the University of Alaska and is a registered professional engineer in petroleum engineering.
Newalta is North America–s leading provider of innovative, engineered environmental solutions that enable customers to reduce disposal, enhance recycling and recover valuable resources from industrial residues. We serve customers onsite directly at their operations and through a network of 85 locations in Canada and the U.S. Our proven processes, portfolio of more than 250 operating permits and excellent record of safety make us the first choice provider of sustainability enhancing services to oil, natural gas, petrochemical, refining, lead, manufacturing and mining markets. With a skilled team of more than 2,000 people, two decade track record of profitable expansion and commitment to commercializing new solutions, Newalta is positioned for sustained future growth and improvement. Newalta trades on the TSX as NAL. For more information, visit .
Contacts:
Newalta Corporation
Anne M. Plasterer
Executive Director, Investor Relations
(403) 806-7019