VANCOUVER, Dec. 16 /CNW/ - Falcon Oil & Gas Ltd. (TSXV: FO) ("Falcon") announces today that Igor
Akhmerov has been elected to Falcon's Board of Directors at Falcon's
annual and special meeting of shareholders held on December 14, 2010.
The appointment of Mr. Akhmerov is subject to TSX Venture Exchange
Mr. Akhmerov, previously a member of the board from September 18, 2007
to May 29, 2008 joins the following seven returning directors: JoAchim
Conrad, John Craven, Daryl H. Gilbert, Thomas G. Harris, Robert C.
Macaulay, Gregory Smith and Dr. György Szabó.
"We are pleased to welcome Igor Akhmerov back to Falcon's board," stated
Dr. György Szabó, Chairman of the Board. "His experience and expertise
brings a valuable global perspective to Falcon's expanding
At the shareholders meeting Falcon's shareholders, among other things,
appointed KPMG LLP, Certified Public Accountants, as the auditors of
Falcon, and passed, without variation, a resolution approving Falcon's
stock option plan, all as more particularly disclosed in Falcon's
management information circular dated November 11, 2010.
About Falcon Oil & Gas Ltd.
Falcon Oil & Gas Ltd. is an international oil and gas exploration and
production company, headquartered in Denver, Colorado, incorporated in
British Columbia, Canada, and trading on the TSX Venture Exchange under
the symbol "FO." The company specializes in the business of
unconventional and conventional oil and gas exploration and production
and holds interests in prospective properties in Australia, Hungary,
and South Africa. The company is focused on discovering, acquiring,
and maturing a globally diversified portfolio with a goal of maximizing
shareholder value through strategic relationships. Additional
information concerning Falcon Oil & Gas Ltd. is available at www.falconoilandgas.com. Investor inquiries may be directed to firstname.lastname@example.org
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 Falcon Oil & Gas Ltd.
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