Canadian Hydro Developers - Director Resigns.CALGARY, ALBERTA--(BUSINESS WIRE)--Jan. 7, 1997-- Canadian Hydro Devel(TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). KHD., NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on CHDVF.) Canadian Hydro Developers Canadian Hydro Developers Inc. TSX: KHD is a Canadian company that operates 12 hydroelectric power sites, 4 wind power sites and one biomass power site in Canada. Canadian Hydro Developers is the Canadian leading supplier of EcoLogo certified power from environmentally sounds , Inc. advises that Mr. Jack McCleary has resigned as a director and officer of the Company effective December 31, 1996 to pursue his other business interests. Mr. McCleary held the position of President from Canadian Hydro's inception in 1987 through 1995 at which time he was named Chairman of the Board. Mr. McCleary is also the President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Troymin Resources Ltd., which is a Canadian junior mining exploration company with active programs in Quebec, Saskatchewan and Alberta. The directors and staff express their sincere appreciation to Jack for his years of leadership in developing the solid foundation that is Canadian Hydro today. Canadian Hydro Developers, Inc. is a non-regulated, private sector renewable energy company focused on the development and operation of hydroelectric power plants in Canada. Canadian Hydro's common shares trade on the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. under the symbol "KHD". -0- This information has neither been approved or disapproved by the Toronto Stock Exchange. CONTACT: Canadian Hydro Developers, Inc. John Keating, 403/ 298-0251 Calgary or Canadian Hydro Developers, Inc. Tom Boychuk, 604/ 681-7610 1-800-557-1545 Vancouver |
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