VANCOUVER, April 30, 2013 /PRNewswire/ - Alternative Earth Resources Inc. ("Alternative Earth" or "the Company") (TSX-V: AER, Pink Sheets: NGLPF), today announced the following management changes: Andrew Studley, Chief Financial Officer, is leaving employment with the Company effective April 30, 2013. The Company would like to thank Mr. Studley for his five years of service.
Margot Delport, Director of Finance for Alternative Earth since July 2009, is appointed Chief Financial Officer replacing Mr. Studley. Ms. Delport is a finance professional with 12 years of senior level experience in public practice, large multinational companies and development stage entities in Canada and South Africa. She holds the Canadian and South African Chartered Accountant designations, and is a Chartered Global Management Accountant.
Alternative Earth Resources Inc. is an experienced renewable energy developer focusing on the development of CLEAN electrical power from high temperature geothermal resources in the United States. The Company owns geothermal leaseholds comprising the New Truckhaven property in Imperial Valley, California; the Pumpernickel and North Valley properties in northern Nevada; and a 50% interest in the Crump Geyser property which it owns with Ormat Nevada Inc. in Lake County, Oregon. These properties, at different stages of exploration and development, cover aggregate inferred resources totaling approximately 200 MW.
This Press Release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We have tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect our current belief and are based upon currently available information. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. We undertake no obligation to update or advise in the event of any change, addition, or alteration to the information catered in this Press Release including such forward-looking statements.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Alternative Earth Resources Inc. Brian D. Fairbank, P. Eng. President & CEO Telephone: 604-688-1553 Toll Free: 866-688-0808 Email: email@example.com Investor Inquiries: Telephone: 604-688-1553 Toll Free: 866-688-0808 Email: firstname.lastname@example.org
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