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Can-Cal Resources Announces Management Changes Can-Cal Resources Announces Management Changes LAS VEGAS, NEVADA, Nov. 17, 2009 (Marketwire) -- LAS VEGAS, NEVADA -- (Marketwire) -- 11/17/09 -- Can-Cal Resources Ltd. ("Can-Cal") (OTCBB: CCRE) announces that Mr. G. Michael Hogan, of Toronto, Ontario, Canada has been appointed to the Board of Directors and to the position of Chief Executive Officer. In addition, Can-Cal is also pleased to announce that Mr. William J. Hogan, Director has been appointed as the Chairman of the Board. Mr. G. Michael Hogan has a degree in Mechanical Engineering from the University of Toronto, Ontario and an MBA in Finance from the University of Western Ontario. Mr. Hogan has an extensive background in senior management positions as former Canadian Manager of Strategic Planning with Texaco Canada and Manager of Pricing for Imperial Oil. Mr. G. Michael Hogan also has a 15 year background with Assante Capital Management in Toronto, a firm specializing in individual wealth management. Mr. G. Michael Hogan stated, "Can-Cal continues to work towards its goal of becoming a successful precious metals resource company. I am excited to become part of the Can-Cal team and am committed and focused on achieving the Corporation's goals of bringing shareholder value to fruition." Mr. William J. Hogan, Chairman stated, "Michael brings significant financial prowess and vast strategic business experience that we expect will enable him to lead Can-Cal in its quest of becoming a successful precious metals exploration operation." The Corporation also announces that Mr. Ronald Sloan has resigned as an Officer and Director of the Corporation. Mr. Sloan will assist Mr. G. Michael Hogan during this transition period and will make himself available to Can-Cal on a consulting basis with respect to both current and future projects. Can-Cal wants to thank Mr. Sloan for his many years of dedicated service and wishes him all the best in his future endeavors. About Can-Cal Can-Cal is an emerging precious metals exploration and chemical extraction company actively engaged in identifying commercial mining opportunities. Can-Cal is currently focusing its efforts on its PISGAH California, WIKIEUP Arizona and OWL CANYON California properties. Included in this release are certain "forward-looking" statements, involving risks and uncertainties, which are covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual future results may differ materially from those anticipated, depending on a variety of factors, including uncertainties relating to global political conditions, such as terrorism. Information with respect to important factors and assumptions that should be considered is contained in the company's filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The company does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law. Contacts: Can-Cal Resources Ltd. William J. Hogan Chairman (702) 243-1849 mining@lvcoxmail.com www.can-cal.com Source: Marketwire (November 17, 2009 - 6:36 PM EST) News by QuoteMedia
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