Le Lézard
Classified in: Oil industry, Business
Subject: BOARD OF DIRECTORS

Galileo Exploration Ltd. Announces Resignation of a Director


VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 12, 2017) - Galileo Exploration Ltd. (TSX VENTURE:GXL) (the "Company") announces that Mr. David N. Hottman has resigned as Chairman and Director of the Company as of May 11, 2017.

Ronald A. Rieder, President & CEO commented that "David was one of the original founders of the Company and has been guiding the company for many years and the Board would like to thank him for his years of service to Galileo and its predecessor companies. His support, guidance and leadership have been an asset to Galileo and we wish him the best of luck in his new ventures."

Galileo Exploration Ltd. is working to add shareholder value by acquiring and advancing resource projects of merit in North America.

ON BEHALF OF GALILEO EXPLORATION LTD.

Mark T. Brown, CFO & Director

Neither the 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 News Release. This news release has been prepared by management and no regulatory authority has approved or disapproved the information contained herein.


These press releases may also interest you

at 02:26
Having consistently outperformed its targets and strategic goals, MYTILINEOS Energy & Metals ("MYTILINEOS") has initiated a review and evaluation of its strategic options, in consultation with its financial, legal and tax...

at 02:00
i3 Energy plc (AIM:I3E), an independent oil and gas company with assets and operations in the UK and Canada, is pleased to announce the Company's 2024 capital budget and production guidance. The Company will hold an investor webinar on Thursday 2 May...

at 01:21
Aker Solutions has delivered strong revenue growth and improved profitability in the first quarter of 2024 compared to the same period last year. With a solid backlog and high tendering activity, the company is well positioned for future profitable...

at 01:18
First Quarter Highlights            HMH delivered an EBITDA (adj.) of USD 33 million in quarter, about 75% increase year-over-year driven by higher aftermarket activityNES Fircroft delivered 17% increase in EBITDA and 12% revenue growth...

24 avr 2024
LG Energy Solution (KRX: 373220) today announced its first quarter earnings, along with...

24 avr 2024
Newport Exploration Ltd ("Newport" or "the Company") provides an update for licences in the Cooper Basin, Australia, over which the Company has a 2.5% gross overriding royalty ("GOR"). This information was reported by Beach Energy Ltd ("Beach") in...



News published on and distributed by: