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Strata-X Energy Appoints Dennis Nerland to the Board of Directors(ENP Newswire Via Acquire Media NewsEdge) ENP Newswire - 28 July 2014 Release date- 25072014 - DENVER, COLORADO USA, BRISBANE, QUEENSLAND AUSTRALIA and VANCOUVER, BRITISH COLUMBIA CANADA - The Directors and management of Strata-X Energy Ltd. (TSX-V:SXE) (ASX:SXA) are pleased to announce the appointment of Mr. Dennis Nerland to the Company's Board of Directors. Mr. Nerland has been a partner with the Calgary-based tax and business law firm Shea Nerland Calnan LLP since 1990 practicing in the areas of tax and trust law. Mr. Nerland is a current and past director of a number of private investment companies, a number of private operating companies and a number of public companies listed on the TSX Venture Exchange and the Toronto Stock Exchange. Mr. Nerland has a Bachelor of Laws from the University of Calgary, a Master of Arts (Economics) from Carleton University and a Bachelor of Science (Economics and Mathematics) from the University of Calgary. He is a member of the Law Society of Alberta, the Canadian Tax Foundation, the Calgary Bar Association, the Canadian Bar Association, and the Society of Trust and Estate Practitioners, achieving the TEP designation. Mr. Nerland has also completed the Directors Education Program, jointly developed by the Institute of Corporate Directors (ICD) and Rotman School of Management, and has earned his ICD.D designation. He also completed the Rotman Financial Literacy Program for Directors and Executives and received the designation of Queen's Counsel ('Q.C.') in Alberta in 2014. The Company also announces the Mr. Nerland will become a member of the Company's Audit Committee. The Company's audit committee is now comprised of Mr. Don Romaniuk (Chairman), Mr. Dennis Nerland, and Mr. Don Schurman. All members are considered independent as defined under NI 52-110. About Strata-X Strata-X is a Denver, Colorado (USA) based company and is engaged in the business of oil and gas exploration and development with a variety of exploration opportunities in North Dakota, California, Texas, Illinois and Western Australia and production and development opportunities in California. Strata-X has 146,288,969 common shares outstanding and trades under the symbol 'SXE' on the TSX-V and 'SXA' on the ASX. Contact: Strata-X Tim Hoops President Tel: +1 855-463-2400 Email: [email protected] Colin Christensen Investor Relations Tel: +1 403-483-8363 Email: [email protected] CAUTIONARY STATEMENT By definition of the COGE Handbook - 'Undiscovered resources are those quantities of oil and gas estimated on a given date to be contained in accumulations yet to be discovered.' Further the Handbook states - Caution (per NI 51-101/5.9(2)(v)(B)) - 'There is no certainty that any portion of the resources will be discovered. If discovered, there is no certainty that it will be commercially viable to produce any portion of the resources.' In addition, per NI 51-101/5.6 'the estimated values disclosed do not represent fair market value.' This news release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. The use of any of the words 'anticipate', 'continue', 'estimate', 'expect', 'may', 'will', 'project', 'should', 'believe', and similar expressions are intended to identify forward-looking statements. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Readers are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected and the forward-looking statements included in this news release should not be unduly relied upon. See 'Risks and Uncertainties' in the Company's Filing Statement dated August 30, 2011 available on SEDAR at www.sedar.com These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required under applicable securities legislation. This news release does not constitute an offer to sell securities and the Company is not soliciting an offer to buy securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. (c) 2014 Electronic News Publishing - |