Finavera Renewables Re-Appoints Board Of Directors At Annual General Meeting

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Vancouver, British Columbia-based Finavera Renewables Inc. has completed its 2009 Annual General Meeting (AGM).

Shareholders unanimously re-appointed Hein Poulus as chairman, Jason Bak as CEO, and John Icke and David Lamont to the board of directors. All of the proposed resolutions were unanimously passed at the AGM, including approval of the company's rolling stock option plan.

‘After a challenging year in the financial markets, Finavera is poised to realize significant shareholder value as our most advanced projects approach significant milestones,’ says Bak. ‘The strength of our British Columbia wind projects formed the basis for our bids into the BC Hydro Clean Power Call, and we anticipate positive results when power purchase agreements are awarded by BC Hydro.’


SOURCE: Finavera Renewables Inc.

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