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MARKETS LIVE BLOG:

STOCKS RISE AS TECHS REVIVE, WITH NETFLIX EARNINGS ON TAP

Tesla shares slide to 52-week low; stock is down roughly 40% year-to-date

Macro Enterprises Announces Resignation of Director

Newsfile Corp.
·2 min read

Fort St. John, British Columbia--(Newsfile Corp. - November 3, 2021) - Macro Enterprises Inc. (TSXV: MCR) (the "Company" or "Macro") announces that Wayne P. Albo has resigned as a director of the Company, effective November 3, 2021.

The Company wishes to express its gratitude to Mr. Albo for his years of service and commitment to the Company and to its shareholders. The Company wishes him well in his future endeavours. As a result of Mr. Albo's resignation, the Company is currently working to identify suitable candidates to replace Mr. Albo.

The Company

Macro's core business is providing pipeline and facilities construction and maintenance services to major companies in the oil and gas industry in northeastern B.C. and northwestern Alberta. The Company's corporate office is in Fort St. John, British Columbia. Its shares are listed on the TSX Venture Exchange under the symbol MCR. Information on the Company's principal operations can be found at www.macroindustries.ca.

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Cautionary Note Regarding Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of applicable securities laws, including statements regarding Macro's efforts to identify suitable replacements for Mr. Albo. Words such as "expects", "anticipates", "will", and "intends" or similar expressions are intended to identify forward-looking statements. The forward-looking statements contained in this news release represent Macro's expectations as of the date of this news release and subsequent events may cause these expectations to change. Macro undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.

For further information please contact:

Frank Miles
President and C.E.O.
Phone: (250) 785-0033

Jeff Redmond, CPA, CA
C.F.O.
Phone: (250) 785-0033

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/101984