TORONTO, Jan. 15, 2020 /CNW/ - CGX Energy Inc.
("CGX Energy" or the "Company"), announces the
appointment of Mr. Gabriel De Alba
as Co-Chairman to the Company's board of directors (the
"Board"). Mr. De Alba was elected as a director of the
Company at a special meeting of shareholders held on Tuesday January 7, 2020.
Professor Suresh Narine
commented, "Mr. Gabriel de Alba
brings to the leadership of the CGX Board a stellar reputation in
the financial and business world. While I will continue to function
in an Executive role as Co-Chairman, I am honored to serve the
Company's shareholders alongside Mr. de Alba. As CGX now focuses on
a year of exploration and infrastructure development, Mr. de Alba's
leadership and experience will be invaluable."
About CGX Energy
CGX Energy is a Canadian-based oil and gas exploration company
focused on the exploration of oil in the Guyana-Suriname Basin.
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ACCURACY OF THIS RELEASE
Forward-Looking Statements:
This news release contains forward-looking statements.
Forward-looking statements are frequently characterized by words
such as "plan", "expect", "project", "intend", "believe",
anticipate", "estimate", "may", "will", "would", "potential",
"proposed" and other similar words, or statements that certain
events or conditions "may" or "will" occur in the future. These
forward-looking statements are based on certain key expectations
and assumptions made by CGX Energy. CGX Energy believes the
expectations and assumptions on which it develops forward-looking
statements are reasonable; however, undue reliance should not be
placed on forward-looking statements as there can be no assurance
they will prove to be correct. Since forward-looking statements
address future events and conditions, by their very nature they
involve inherent risks and uncertainties. Actual results could
differ materially from those currently anticipated due to a number
of factors and risks. In addition, other risks that may affect the
forward-looking statements in this news release are outlined
further in the Company's most recent Annual Information Form on
SEDAR at www.sedar.com.
The forward-looking statements contained in this news release
are made as of the date hereof and CGX Energy undertakes no
obligation to update publicly or revise any forward-looking
statements or information, whether as a result of new information,
future events or otherwise, unless so required by applicable
securities laws.
SOURCE CGX Energy Inc.
