VANCOUVER, April 23, 2018 /CNW/ - Renaissance Oil Corp.
("Renaissance" or the "Company") (TSX-V: ROE) is pleased to
announce that Eskandar Maleki has
joined the board of directors of the Company. Mr. Maleki has
a strong track record of building successful global oil and gas
companies, most notably, Tullow Oil PLC. As an early
strategic investor, board member and, for a time, the largest
individual shareholder of Tullow, Mr. Maleki assisted the company's
corporate development as it grew into a leading independent oil and
gas exploration and production company.
''Mr. Maleki, who became a major shareholder of Renaissance in
2017, recognizes the vast amount of underdeveloped opportunities
provided by the Mexican oil and gas reform" stated Craig Steinke, Renaissance's Chief Executive
Officer. ''His long-term view and proven skills in generating
material value provides Renaissance with another valuable board
member on our journey to become a major Mexican energy
producer."
RENAISSANCE OIL CORP.
Per:
Craig Steinke
Chief Executive Officer
Cautionary Note Regarding Forward-Looking
Statements
This news release contains certain
"forward-looking statements" within the meaning of Canadian
securities legislation, including, without limitation, statements
with respect to the acceptance of the Investment by the TSX Venture
Exchange, regulatory and shareholder approvals required for the
future issuance of any performance-based common shares and the
anticipated use of proceeds from the Investment. Forward-looking
statements are statements that are not historical facts which
address events, results, outcomes or developments that the Company
expects to occur; they are generally, but not always, identified by
the words "expects", "plans", "anticipates", "believes", "intends",
"estimates", "projects", "aims", "potential", "goal", "objective",
"prospective", and similar expressions, or that events or
conditions "will", "would", "may", "can", "could" or "should"
occur. Forward-looking statements are based on the beliefs,
estimates and opinions of the Company's management on the date the
statements are made and they involve a number of risks and
uncertainties. Certain material assumptions regarding such
forward-looking statements are discussed in this news release and
the Company's annual and quarterly management's discussion and
analysis filed at www.sedar.com. Except as required by the
securities disclosure laws and regulations applicable to the
Company, the Company undertakes no obligation to update these
forward-looking statements if management's beliefs, estimates or
opinions, or other factors, should change.
Neither the TSXV nor its Regulation Services Provider (as
that term is defined in the policies of the TSXV) accepts
responsibility for the adequacy or accuracy of this
release.
SOURCE Renaissance Oil Corp.