Serinus Energy Inc. (“Serinus” or the “Company”) today announced changes to its Board of Directors (the “Board”).
Mr. Stephen Akerfeldt and Mr. Michael McVea have both resigned from the Board with immediate effect. The Board will move expeditiously to evaluate and select potential replacements, and anticipates that these positions will be filled on a timely basis.
Helmut Langanger, Serinus’ Chairman of the Board, expressed appreciation and gratitude to Mr. Akerfeldt and Mr. McVea for their long service to the Company. Both have served on and/or chaired various committees and their experience and counsel has been of great value and will be missed.
About Serinus
Serinus is an international upstream oil and gas exploration and production company that owns and operates projects in Tunisia and Romania.
For further information, please refer to the Serinus website (www.serinusenergy.com) or contact the following:
| Serinus Energy Inc. – Canada
Gregory M. Chornoboy Director – Capital Markets & Corporate Development Tel: +1-403-264-8877 |
Serinus Energy Inc. – Poland
Jakub J. Korczak Vice President Investor Relations & Managing Director CEE Tel.: +48 22 414 21 00 |
Translation: This news release has been translated into Polish from the English original.
Forward-looking Statements This release may contain forward-looking statements made as of the date of this announcement with respect to future activities that either are not or may not be historical facts. Although the Company believes that its expectations reflected in the forward-looking statements are reasonable as of the date hereof, any potential results suggested by such statements involve risk and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Various factors that could impair or prevent the Company from completing the expected activities on its projects include that the Company’s projects experience technical and mechanical problems, there are changes in product prices, failure to obtain regulatory approvals, the state of the national or international monetary, oil and gas, financial , political and economic markets in the jurisdictions where the Company operates and other risks not anticipated by the Company or disclosed in the Company’s published material. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties and actual results may vary materially from those expressed in the forward-looking statement. The Company undertakes no obligation to revise or update any forward-looking statements in this announcement to reflect events or circumstances after the date of this announcement, unless required by law.