CALGARY, ALBERTA--(Marketwire - May 4, 2012) - Longford Energy Inc. (NEX BOARD:LFD.H) ("Longford" or the "Company") announces the resignation of Sig Slotboom, Vice President Operations of the Company, Fari Goodarzi, Vice President of the Company and Pat Gleeson, Corporate Secretary of the Company, following the closing of the sale of the Company's interest in the Chia Surkh block in the Kurdistan Region of Iraq (the "Sale Transaction").
Longford is also pleased to announce that its Board of Directors has appointed Neil Said as the Corporate Secretary of the Company.
Mr. Neil Said is a corporate securities lawyer who works as a legal consultant to various TSX and TSX Venture Exchange listed companies in the mining and oil and gas industries. Mr. Said previously worked as a securities lawyer at a large Toronto corporate law firm. He obtained his Juris Doctor from the University of Toronto and received a Bachelor of Business Administration from Wilfrid Laurier University.
Following the completion of the Sale Transaction, Stan Bharti, through Forbes & Manhattan Inc., and Ahmed Said each entered into new consulting agreements with the Company. Mr. Ahmed Said will continue as President and Chief Executive Officer of the Company.
Longford would like to thank Mr. Slotboom, Mr. Goodarzi and Mr. Gleeson for their service to the Company.
About Longford Energy Inc.
Longford Energy Inc. is a public company listed on the NEX board of the TSX Venture Exchange.
This press release contains "forward looking information" within the meaning of applicable Canadian securities legislation. Forward looking information includes, but is not limited to, statements with respect to the appointment or resignation of officers of the Company. Generally, forward looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, geopolitical and social uncertainties; the actual results of exploration activities; regulatory risks; risks inherent in foreign operations; and other risks of operations. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
Ahmed S. Said
President & CEO
+1 (403) 263 3000