ST. HELIER, Jersey, Dec. 10, 2014 /CNW/ - EastSiberian Plc (TSX NEX: ESB.H) ("EastSiberian" or the "Corporation"), a Jersey company, announces that at the annual general and special meeting of its shareholder (the "Meeting") held in St. Helier, Jersey on December 10, 2014, the shareholders approved all resolutions voted upon by a significant majority, as set out in the Corporation's 2014 Information Circular, which is available online at www.sedar.com.
At the Meeting, the shareholders of the Corporation elected Mr. Josef Hocher as a director of the Corporation. Mr. Hocher is a partner with Osler Hoskin & Harcourt LLP and has over 20 years of experience in the global oil and gas and energy industries. Mr Hocher joins current directors Mr. Graeme Phipps and Mr. Jonathan Morley-Kirk who were re-elected as directors at the Meeting, and replaces Mr. Maxim Sidorin on the board of directors of the Corporation. The appointment of Mr. Hocher is conditional upon the review by the TSX Venture Exchange.
"EastSiberian is pleased to welcome Josef Hocher to our team. We look forward to drawing on Mr. Hocher's extensive knowledge of the global oil and gas industry and recognized expertise. We would also like to take this opportunity to thank Mr. Sidorin for his services to the Corporation since 2012, and wish him all the best in his future endeavors," said Mr. Phipps, President and Chairman of the board of directors.
EastSiberian is an international junior oil exploration company incorporated in the Bailiwick of Jersey. For further information, please visit the EastSiberian Plc website at www.eastsiberianplc.com. The common shares of the Corporation are currently listed on the NEX Board of the TSX Venture Exchange (the "NEX").
As previously announced, the common shares of EastSiberian are currently halted from trading on the NEX at the request of the Corporation. The common shares will remain halted until the Corporation completes a third-party engineering review of prospective oil and gas concessions and shareholders have approved the acquisition of the concessions and related matters.
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 release.
SOURCE: EastSiberian Plc
For further information: EastSiberian Plc, Graeme Phipps, President, 9 Esplanade, St. Helier, Jersey, Tel: +44 7733 363 016 or +1 403 630 2367, Email: [email protected]