Oyster Announces Board Change
Suite 918-1030 West Georgia Street
Vancouver, British Columbia Canada V6E 2Y3
Tel. No. (604) 628-5621 ♦ Fax No. (604) 662-7950
Oyster Announces Board Change
Vancouver, British Columbia – June 25, 2018 – Oyster Oil and Gas Ltd. ( "Oyster"
or the "Company") (OY: TSXV, 13L: FSE) announces that Bruce McNaught has
decided to resign for personal reasons as both a Director and Officer of the Company
effective immediately.
Martin Bajic, has been appointed as Chief Financial Officer of the Company.
Michael Wood, CEO commented: “I’ d like to welcome Martin in his new role as Chief
Financial Officer and also to thank Bruce for his contributions and to wish him well for
the future.
About Oyster Oil and Gas Ltd.
Oyster is an upstream oil and gas company with a focus on Eastern Africa. Oyster holds
production sharing contracts interests with the Government of Djibouti and the
Government of Madagascar. Oyster holds four blocks comprising approximately 3.5
million acres onshore and offshore in Djibouti; and holds a 100% working interest and is
the operator of an onshore block located in northwest Madagascar covering
approximately 2.8 million acres.
For further information please contact:
Emily Davis, Corporate Secretary
Tel: (604) 628-5616
Fax: (604) 662-7950
This news release contains statements about the Company's expectations regarding the completion of the Settlement and the benefits
of the F rankfurt Stock Exchange listing that are forward -looking in nature and, as a result, are subject to certain risks and
uncertainties. Although the Company believes that the expectations reflected in these forward -looking statements are reasonable,
undue reliance should not be placed on t hem as actual results may diff er materially from the forward -looking statements and there
can be no assurance that such expectations will prove to be correct. Factors that could cause the actual results to differ ma terially
from those in forward -looking statements include failure to complete the Settlement for any reason whatsoever, including failure to
obtain TSXV acceptance, or the F rank Stock Exchange listing not providing increased trading liquidity or investment by European
investors. The forward-looking statements contained in this news release are made as of the date hereof, and the Company undertakes
no obligation to update publicly or revise any forward -looking statements or information, whether as a result of new information,
future events or other wise, except as required by applicable securities laws. The forward -looking statements contained in this news
release are expressly qualified by this cautionary statement.
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This news release does not constitute and the subject matter hereof is not, an offe r for sale or a solicitation of an offer to buy, in the
United States or to any "U.S Person" (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amend ed (the
"1933 Act")) of any equity or other securities of the Corporation. The securities of the Corporation have not been registered under the
1933 Act and may not be offered or sold in the United States (or to a U.S. Person) absent registration under the 1933 Act or an
applicable exemption from the registration requirements of the 1933 Act.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the
policies of the TSX V) accepts responsibility for the adequacy or accuracy of this news
release.