DURANGO, Colo., March 20, 2012 /PRNewswire/ -- Varca Ventures, Inc. (OTCQB: VRCV) (www.varcaventures.com) announced the appointment of Harold L. Libby to its Board of Directors. Mr. Libby joins the Company's Board as a principal investor bringing his extraordinary knowledge and experience as an accountant, attorney and commercial real estate developer.
"We are excited by the addition of Mr. Libby who brings an abundance of experience and business acumen to Varca Ventures at a critical point in the development of our company," Randall Oser, President.
Harold L. Libby: Mr. Libby was born and raised in Youngstown Ohio, where he attended local schools until enlisting in the Air Force where he served a total of 3 years and was honorably discharged. Mr. Libby then enrolled and graduated in 1949 from Ohio State University with a Bachelor in Commerce and Accounting and practiced accounting until 1951. He was accepted to the law program at Ohio State University, while concomitantly working in his accounting practice, and becoming a Certified Public Accountant. In 1953 Mr. Libby passed the Ohio State Barr exam, he continued to practice accounting, taxes and tax law for several years until he later became involved in the development shopping centers through the H.L. Libby Corporation. His commercial real estate investment, development and management company operates shopping centers and malls in Indiana, Ohio, Pennsylvania, Maryland, West Virginia, and New York. The company is based in Warrendale, Pennsylvania. Mr. Libby retired to Florida where he became active in the Sarasota Community serving on several local boards such as: the Metropolitan Board of the YMCA, Sarasota Ballet, the United Bank of Sarasota (which later became a subsidiary of Synovus Bank) and is currently a member of the Asolo Theatre Board.
Contact: Randy Oser, President: (941) 951-0787.
Varca Ventures, Inc. is an exploration stage company that seeks to engage in the acquisition, exploration and development of natural resource properties primarily in North America and is headquartered at 1630 Ringling Blvd., Sarasota, FL, 34236.
Forward-Looking Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analysis and on forecasts of future results, estimates of amounts not yet determined and assumptions of management. There are forward-looking statements within this news release, and actual results may differ materially from those currently anticipated due to a number of factors beyond the Company's control. These risks and uncertainties include, among other things, competition, permitting, and the risk that the Company may not find any minerals in commercially feasible quantity. These and other risks are described in Varca Ventures, Inc. 8K report filed on November 2, 2011 and other filings with the Securities and Exchange Commission.
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SOURCE Varca Ventures, Inc.