09:47 AM EST - SilverWillow Energy Corporation : announced that its Board of Directors has approved a reduction in staffing levels to align human resources with current levels of activity. SilverWillow will also take further steps to reduce general and administrative costs; however, the current executive officers of the Corporation will remain in their existing positions. It is anticipated that these measures will allow the Corporation to continue operations to the end of 2015 with current cash resources. SilverWillow Energy Corporation
shares V.SWE are trading down $0.02 at $0.26.
