VANCOUVER, B.C. / ACCESSWIRE / August 11, 2014 / Umbral Energy Corp. (TSX-V: UMB) ("Umbral" or the "Company") is pleased to announce, the assistance of Mr. Dave Edwards as an Advisor to the Company.
?Mr. Edwards has over 15 years of experience in the equity markets, consulting to a number of companies in diverse industry sectors. He has been successful in assisting various start-ups to achieve their initial capital requirements, as well as working with various publicly listed companies in achieving their success. Mr. Edwards is also a director at ROBIX Alternative Fuels INC. which is listed on the CSE.
Jag Bal, President and CEO of Umbral Energy states "the significant experience and knowledge Mr. Edwards brings to the Company will be an asset to advancing our existing and future exploration/development projects".
The Company is currently listed as a junior resource issuer having a mineral exploration projects. The Company is considering other activities to increase shareholder value, including non-resource projects. The Company is conducting diligence in regards to the commercial cultivation of marijuana under the newly established Health Canada regulations pertaining to the cultivation of marijuana for medical purposes. While the Company is conducting diligence and having exclusive discussions and negotiations with respect to medical marijuana opportunity, no agreement in principle or otherwise has been entered into with any party and there is no assurance that the Company will acquire any agriculture-related assets, directly or indirectly. In addition the Company has a mineral exploration project in Quebec, Canada as well as an oil and gas project in Alberta, Canada.
ON BEHALF OF THE BOARD OF DIRECTORS OF UMBRAL ENERGY CORP.
"Jag Bal"
Jagdip Bal
President and CEO
Neither 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.
This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Important factors - including the availability of funds, the results of financing efforts, the results of exploration activities -- that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time on SEDAR (see www.sedar.com). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE: Umbral Energy Corp.