VANCOUVER, British Columbia, March 27, 2018 (GLOBE NEWSWIRE) -- Stamper Oil & Gas Corp. (TSX-V:STMP) (FSE:TMP2) (OTCQB:STMGF) (“Stamper” or “the Company”) today is pleased announce the appointment of David M. Alexander, CPA, CA as Chief Financial Officer of the Company, to take effect on April 1st, 2018. Mr. Alexander replaces Mr. Omair Choudhry as CFO. Stamper thanks Mr. Choudhry for his services and dedication while in the role of CFO of the Company.
Mr. Alexander has over the past 30 years, in his position as CFO, having managed the rapid growth of several early stage and startup companies through to exits that total in excess of $1Billion. Mr. Alexander is a CPA CA with a BComm with Honours in Finance from the University of British Columbia. His past achievements include, CFO of Arakis Energy Corporation, an international oil and gas development company, and helped manage the company’s growth from startup to over a billion dollars in assets, leading to a listing on the NASDAQ market. Arakis was subsequently sold to Talisman Energy. Mr. Alexander has been Chief Financial Officer of BLOK Technologies Corp since October 2, 2017. Mr. Alexander was CFO of Nortran Pharmaceuticals which subsequently became Cardiome Pharma Corp. Currently Mr. Alexander also serves as CFO of Veritas Pharma Inc. He has been an Independent Director of Marapharm Ventures Inc. since March 5, 2018.
David Greenway, Chief Executive Officer of Stamper Oil & Gas, commented, “We are pleased to welcome David to the Company and delighted to add such an experienced accountant and believe he will bring an exceptional wealth of knowledge with his industry experience in oil and gas and on the accounting aspects of our Company, as we advance the company’s oil projects."
David Greenway, Chief Executive Officer of Stamper Oil & Gas, said, "I thank Omair for his guidance of our financial and accounting operations and the many important contributions he has made to Stamper. On behalf of the Company, I thank Omair for his contributions and wish him all the best in his future endeavors."
Stamper announces the issuance of 2,500,000 stock options at $0.55 to directors, management, and consultants of the Company for a term of twelve (12) months.
About Stamper Oil and Gas
Stamper Oil and Gas Corp. (TSX.V:STMP) is an independent international oil and gas company, engaged in the acquisition, exploration and development of conventional oil and natural gas properties. The Company plans to identify and build out a portfolio of high-impact oil and gas prospects, with a focus on Africa. Stamper is committed to creating sustainable shareholder value by evaluating and developing future prospects into commercially viable assets.
For further information on Stamper Oil and Gas please visit www.stamperoilandgas.com
ON BEHALF OF THE BOARD OF DIRECTORS
“David C. Greenway”
President & Director
For further information, please contact:
Stamper Investor Relations
Phone: (604) 684-2401
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This news release contains certain statements that may be deemed "forward-looking" statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Stamper Oil & Gas Corp. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Stamper Oil & Gas Corp. management on the date the statements are made. Except as required by law, Stamper Oil & Gas Corp undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
Source:Stamper Oil & Gas Corp.