VANCOUVER, Canada – – Stamper Oil and Gas Corp. (TSX-V: STMP) (“Stamper” or “the Company”), is pleased to announce the appointment of Mr. Saško (Sashko) Despotovski to its board of directors.
Mr. Despotovski is a seasoned investment banker and an active investor in both private and public companies. He is a Canadian national living in the Nordics, with international corporate finance experience in the energy, real estate, and technology sectors. Sashko has held posts within several funds and hedge funds in the investment banking capacity in USA and Canadian markets, as well as on the operational side as management and as a director for a number of companies. Sashko until recently was an M&A Director at one of the Big Four, and currently serves a Special Advisor to the firm, focusing on cross border transactions. His specialties are fundraising and fund dissemination.
Sashko holds advisory board seats at Smart Plants AS, Excitus AS, Memobase AS and Teaja Inc. and is a board member of Vidom AS and Stamper Oil and Gas Inc. In 2006 he was inducted into the Golden Key Society of Canada as an honorary member.
Sashko’s peer reviewed manuscripts can be found in various medical and science journals; he was historically an editor and editor-in-chief of JEM. Sashko is a University of British Columbia (Jack Bell Research Centre) and University of the Fraser Valley science graduate and has held various alumni posts within both institutions.
Mr. Despotovski has also been appointed to the Corporation’s Audit Committee.
David Greenway, President of Stamper commented, “I am very pleased to welcome Sashko to the team at Stamper as we move forward to better position the Company to refocus its efforts on international opportunities in the energy sector and evaluate projects in undervalued jurisdictions. Sashko has experience in North America and Europe with corporate finance, and working with companies implementing change strategies and improving corporate performance.”
“Stamper management has timed this transaction beautifully to coincide with the global oil and gas market trends. I’m thrilled at the opportunity to work with such a strong team, as we build value for our shareholders,” stated Sashko. Despotovski
About Stamper Oil and Gas
Stamper Oil and Gas Corp. is a publicly traded junior development stage international oil and gas company. The Company is engaged in the acquisition, exploration and evaluation of conventional and unconventional oil and natural gas properties with the current focus on Latin America. The Company’s strategy is centred on generating sustainable long term shareholder value by exploring and developing cost effective growth of light oil reserves.
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 Oil and Gas 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 and 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 and Gas Corp. management on the date the statements are made. Except as required by law, Stamper Oil and 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.