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Daleco Resources Corporation Announces Board Vacancy.


WEST CHESTER West Chester, borough (1990 pop. 18,041), seat of Chester co., SE Pa., W of Philadelphia; inc. 1799. Primarily residential, West Chester was long the trade and processing center for an agricultural region that is now mainly suburbs. , Pa. -- Daleco Resources Corporation (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
:DLOV):

Dov Amir, Chairman of Daleco Resources Corporation reported today that H. Paul Pryor has resigned from the Company's Board of Directors. Mr. Pryor was elected to the Company's Board as an Independent Director at the Company's February 2003 Annual Meeting and has served in that capacity since that time. He added that the Company wishes him success as he focuses on his company's future business opportunities.

Daleco Resources is an international asset and technology aggregation and monetization company with operating subsidiaries active in oil and gas, timber, minerals, environmental remediation Generally, remediation means providing a remedy, so environmental remediation deals with the removal of pollution or contaminants from environmental media such as soil, groundwater, sediment, or surface water for the general protection of human health and the environment or from a  and technology.

Safe harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 for Forward-looking Statements: Except for historical information contained herein, the statements in this Press Release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in the future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the Company's international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. , imprecision in estimating product reserves and the Company's ability to replace and expand its holdings.
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Publication:Business Wire
Geographic Code:1USA
Date:May 17, 2005
Words:200
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