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CALGARY, ALBERTA--(Marketwired - Mar 11, 2016) - Red Rock Energy Inc. (TSX VENTURE:RRK) ("Red Rock" or the "Company") announced today that it has accepted the resignation of Michael Matishak as CFO and director in order to permit Mr. Matishak to assume a similar role with another company. Mr. D. Pinkman, a director of the Company, will assume the role of CFO on a temporary basis while Company management conducts a search for a new chief financial officer.
In addition, effective at the opening of trading on Monday, March 14, 2016, the Company's listing will transfer from the TSX-Venture Exchange to NEX, the Company's Tier classification will change from Tier 2 to NEX, and the Filing and Service Office will change from Calgary to NEX.
In discussing these developments, Sandy Loutitt, President of Red Rock, stated: "We are disappointed that Mr. Matishak is leaving us as his service to Red Rock and our shareholders has been long and of a very high standard. We wish him well as he embarks on a new venture. Red Rock is also embarking on a new venture as it transitions to the NEX trading system. We plan to embrace this system and use the opportunity it presents to the fullest. In particular, we are confident that, given current commodities market conditions, the transfer to the NEX platform will offer economic benefits to the Company which will position it well to take advantage of any rebounds in market conditions as they occur."
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 the accuracy of this release.
Red Rock Energy Inc.