CALGARY, Alberta, June 14 /PRNewswire-FirstCall/ -- FEC Resources Inc. (OTC Bulletin Board: FECOF, Frankfurt/Munich: FE8) ("FEC") announces that Franklin Cu has resigned his position as Director with immediate effect. The Company would like to thank him for his efforts and support during his service on the FEC board.
FEC Resources Inc. holds a diverse portfolio of oil, gas, and gold assets located in the Philippines through its shareholdings in Forum Energy Plc and Lascogon Mining Corporation.
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On behalf of the Board of,
FEC Resources Inc.
This release contains "forward looking statements" as per Section 21E of the US Securities and Exchange Act of 1934, as amended. Although the Company believes that the expectations reflected in such forward looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Management is currently reviewing many options and there is no assurance that they will not make decisions other than those now contemplated. The Company is subject to political risks and operational risks identified in documents filed with the Securities and Exchange Commission, including changing and depressed oil prices, unsuccessful drilling results, change of government and political unrest in its main area of operations
SOURCE FEC Resources Inc.