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For Immediate Release: September 20, 1999
ASE: PXN
Cusip: 704276 10 4
PAXTON INTERNATIONS RESOURCES LTD. - New President,
CEO & COO
On behalf of the Board of Directors, Mr. Robert K. Wallace
is pleased to announce the appointment of Brian W. Elliott
as President and Chief Executive Officer of the Company.
Mr. Elliott is a chartered accountant and M. B. A. from the
University of Western Ontario. Mr. Elliott brings extensive
business experience in financial matters, having been qualified
in B. C. Supreme Court and British Columbia Securities Commission
public hearings as an expert witness.
Mr. Stuart M. Norman was appointed Chief Operating Officer.
Mr. Norman has had significant involvement in the operations
of the Company for a number of years and has been a major
factor in the Company's success.
The directors of the Company are Barry Whelan, Stuart Norman,
W. T. (Digby) Porter, Leroy Rothrock, Brian Elliott and Robert
Wallace.
On behalf of the Board of Directors
PAXTON INTERNATIONAL RESOURCES LTD.
Robert K. Wallace, B. Comm., F. C. A.
Chairman of the Board
The Alberta Stock Exchange has neither approved nor disapproved
the information contained herein.
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