MONTREAL, Jan. 28 /CNW Telbec/ - Rolland Energy Inc. (TSX-V: ROE, the
"Corporation"), an emerging oil and gas corporation, today announced that
Mazen Haddad will join its Board of Directors effective January 28, 2008.
"Mazen is a widely respected and experienced fund manager and public company
director who brings valuable added expertise and experience to Rolland
Energy", said Michael McLellan President and CEO of the Corporation.
Mr. Haddad is currently President of Township Capital Inc., where he
administers an investment fund. He is also Chairman of SGI Properties Canada
Fund LP, a private REIT and Vice-President of SGI Capital Corp., a private
"Rolland Energy has come through the most difficult aspects of its
restructuring plan, and is positioning itself to take advantage of new
opportunities for growth and value-creation", said Mr. Haddad.
The Corporation has also announced that it has issued stock options to
several directors to purchase an aggregate of 1,536,699 common shares with an
exercise price of $0.10 expiring on the earlier of January 28, 2013 or 90 days
following the end of employment with the Corporation.
ABOUT ROLLAND ENERGY INC. - www.rollandenergy.com
Rolland Energy is a light crude oil producer based in south-western
Manitoba, building shareholder value through growth by combining low-risk
drilling and strategic acquisitions.
The TSX Venture Exchange has not reviewed this release and does not
accept responsibility for the adequacy or accuracy of this press release.
For further information:
For further information: Michael McLellan, CEO & President, Rolland
Energy Inc., (514) 333-9292