Delta CleanTech Inc. (OTCMKTS:DCTIF) Announces Officer Appointments: Stock Pulls Back

Delta CleanTech Inc. (OTCMKTS:DCTIF) dropped 5% after announcing the appointment of Jeffrey Allison as the CEO of the company and Wayne Bernakevitch as the corporation’s chairman to its board of directors. Allison has worked for Delta as a top executive since the company’s inception.

Trading Data

On Friday, DCTIF stock fell 5.40% to $0.0895 with more than 1.5K shares, compared to its average volume of 8.1K shares. The stock moved within a range of $0.0895 – 0.1445 after opening trade at $0.1445.

He has a background in corporate finance, project planning, financial management, and business development, spanning over 25 years. Mr Bernakevitch is a founder of Delta’s Board of Directors and a managing partner at McDougall Gauley LLP, Saskatchewan’s best known legal company. Wayne focuses on Corporate, Business, and Commercial Law and has over 30 years of expertise. Bernakevitch served as Regina and District Chamber of Commerce’s president and continues to be engaged in the organization. He is also a member of the Saskatchewan Law Society. 

Currently, the board comprises Jeffery Allison, who is the CEO, Corporate Secretary and President, Wayne Bernakevitvh as the Chairman, Grath Frederickson, Nitin Kaushal, and Lionel Kambeitz. So in the coming weeks, investors should watch DCTIF.