Bayshore Petroleum Corp. Completes Annual General Meeting, Elects New Directors and Issues Stock Options

CALGARY, ALBERTA--(Marketwired - Oct. 31, 2014) -

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Bayshore Petroleum Corp. ("Bayshore" or the "Company") (TSX VENTURE:BSH) is pleased to announce that it has completed its annual and special meeting of shareholders ("AGM") approving as proposed the election of directors, amendment and approval of the stock option plan, and presentation of the annual audited financial statements and Management's Discussion and Analysis for the twelve month period ending December 31, 2012 and the twelve month period ending December 31, 2013. The Company did not hold an AGM in 2013, and thus obtained a Court Order enabling the Company to do so. Two new directors were elected: Mark Roth and the Honorable Bill McKnight. Mr. Roth is the current chief financial officer, and Bill McKnight is an independent director.

Mr. McKnight was born and raised in Saskatchewan. He has been a farmer, entrepreneur, and a public servant. Mr. McKnight was in public life from 1979 to 1993 serving as a Canadian Member of Parliament for Kindersley-Lloydminster. He served as minister in seven federal ministries: Labour, Canada Mortgage and Housing Corporation, Indian Affairs and Northern Development, Western Economic Diversification, National Defence (during the first Gulf War), Agriculture, and Energy, Mines and Resources. While a Member of Parliament he represented Canada at First Ministers' conferences, NATO, the General Agreement on Tariffs and Trade (GATT), and UN proceedings; negotiated the Husky Oil Bi-Provincial Upgrader and the $6-billion Hibernia Offshore Oil Project; served as the first minister of the Department of Western Economic Diversification; and negotiated land claims settlements in the Yukon, Northwest Territories, and Saskatchewan. Mr. McKnight was closely involved in the 1992 Saskatchewan Treaty Land Entitlement Framework Agreement, and served as the Treaty Commissioner for the Province of Saskatchewan from 2007 to 2012 with a mandate to assist Canada and the Federation of Saskatchewan Indian Nations with Treaty implementation. Since leaving public life in 1993, Mr. McKnight has been active in the private sector. He is founding board member and current chair of the Golden Opportunities Fund and director of several public and private companies. Mr. McKnight is the honorary Chief of the Muskeg Lake Cree Nation.