(TheNewswire)
Vancouver, British Columbia / TheNewswire / March 20, 2024– G2 Energy Corp. (CSE:GTOO, FWB:UD9) ( the " Company " or " G2 ") is pleased to announce that pursuantto the Amending Agreement announced on March 3, 2024, Andrew Male andPaul Gurney will be joining the Board of Directors with immediateeffect. Andrew Male has also been appointed as the Company’s ChiefFinancial Officer, replacing Gabriel Monteiro Queiroz.
Andrew Male is an experienced Director and ExecutiveOfficer of public and private companies in the resource and investmentsectors. A former Founder and Chief Executive Officer of a TSX VentureExchange Top 50 Company Ranked 9th, Mr. Male guided the companythrough the initial financing phases, project acquisitions, deploymentof exploration programs, development financing, transitioning miningassets from greenfield to brownfield and the acquisition of adjacentproducers and eventual sale to Private Equity. As a seasoned Directorand Officer, Mr. Male has sat on a number of Boards and worked withmultiple companies in varying capacities.
Presently, Mr. Male also works with several FamilyOffices and specific investors that seek access to an array oftransformational opportunities. Presently, he is a Director/Executiveof a privately held gold development company, and an Associate ofColumbus Energy Partners, an incubator and accelerator in the energysector. Mr. Male also serves as a Director and Officer of CloudbreakDiscovery plc, Global UAV Technologies Ltd., and Managing Director ofa privately held Corporate Finance and Investment entity.
Paul Gurney has a 17-year career in capital markets,previously as the Managing Director of the equity desk at Bank ofMontreal (BMO) in London. During his decade-long tenure at BMO, atop-tier North American bank, Gurney played a pivotal role in raisingbillions in capital for companies across Australia, Canada, the US,and the UK through both primary and secondary offerings. He is a CFAcharter holder, with an MBA from the University of Toronto, and aBachelor of Science from the University of Western Ontario. He is anindependent Director on the Board of Cloudbreak Discovery plc, withrecent experience as CEO of a US small cap listed company.
Malcolm Burke and Gabriel Monteiro Queiroz haveresigned with the advent of the new directors joining the Board and G2would like to thank them for their involvement and wish them the verybest in their future endeavors.
Slawek Smulewicz commented: “I look forward to working with Paul andAndrew from Cloudbreak as we go forward and build the productionprofile of the Company. I also want to personally thank the outgoingdirectors for their support during the development of G2 in the pastyears. ”
On Behalf of the Board,
“ SlawekSmulewicz ”
Slawek Smulewicz
Chairman, CEO
For further information, please contact:
Slawek Smulewicz
T: +1 604 7655684
E: slawek@g2.energy
W: WWW.G2.ENERGY
About G2 EnergyCorp.
G2 is a junior oil and gas producer listed on the CSEexchange. It's primary focus is to acquire and develop additionaloverlooked, low risk, high return opportunities in the oil and gassector. G2's strategy is to obtain a portfolio of risk-managedproduction and development opportunities onshore, U.S.A. In May 2022, G2 acquired the Masten Unit in thePermian Basin, Texas. The Masten Unit is the Company's first producingasset. G2 is targeting top tier projects with operating netbacks andinfrastructure facilities which will fast track overall oil and gasproduction growth.
The Canadian Securities Exchange hasneither approved nor disapproved the information containedherein.
Forward Looking StatementsCaution
Statements in this press releaseregarding the Company which are not historical facts are“forward-looking statements” that involve risks and uncertainties.Such information can generally be identified by the use offorwarding-looking wording such as “may”, “expect”,“estimate”, “anticipate”, “intend”, “believe” and“continue” or the negative thereof or similar variations. Sinceforward-looking statements address future events and conditions, bytheir very nature, they involve inherent risks and uncertainties. TheCompany provides forward-looking statements for the purpose ofconveying information about current expectations and plans relating tothe future, including expectations regarding the Company's ability tomeet its outstanding obligations, and readers are cautioned that suchstatements may not be appropriate for other purposes. By its nature,this information is subject to inherent risks and uncertainties thatmay be general or specific and which give rise to the possibility thatexpectations, forecasts, predictions, projections or conclusions maynot prove to be accurate, that assumptions may not be correct and thatobjectives, strategic goals and priorities may not be achieved. Theserisks and uncertainties include but are not limited to thoseidentified and reported in the Company’s public filings under theCompany’s SEDAR+ profile at www.sedarplus.ca. The Company's abilityto meet its outstanding obligations could differ materially from thosecurrently anticipated due to factors such as: the performance offacilities and pipelines, commodity prices, price volatility, pricedifferentials and the actual prices received for the Company’sproducts, royalty regimes and exchange rates, the availability ofcapital, labour and services, the creditworthiness of industrypartners, G2’s ability to acquire additional assets, unexpected increases in operating costs,and risks associated with potential future lawsuits and regulatoryactions made against the Company including but not limited to beingfound in default of the Company's obligations to Cloudbreak orClarmond. Although the Company has attempted to identify importantfactors that could cause actual actions, events or results to differmaterially from those described in forward-looking information, theremay be other factors that cause actions, events or results not to beas anticipated, estimated or intended. There can be no assurance thatsuch information will prove to be accurate as actual results andfuture events could differ materially.
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