Cougar O&G Says Hello to New Board Member

Cougar O&G announced the addition to the Board of Directors of Mr. Michael Hamilton as one of the independent directors.

Michael J. Hamilton was elected a director of Cougar Oil & Gas Canada on October 29, 2010 where he will also serve as the Chairman of the Audit Committee. Previously, he has served as Chairman and Chief Executive Officer of MMC Energy, Inc., a publicly traded merchant electricity generator that owned several generating units in California, until September 2009. Previously, Mr. Hamilton was the partner in charge of utility audit and tax at PricewaterhouseCoopers until he retired in 2003. He then served as a senior managing director at FTI Consulting where he specialized in bankruptcy and restructuring work, primarily in the merchant power industry. Mr. Hamilton is a certified public accountant with additional certifications in business valuation and financial forensics and is a certified turnaround professional. Mr. Hamilton is also a director of MMC Energy, Inc., the non-executive Chairman of the Board and a director for MXenergy Holdings, Inc. the non-executive Chairman of the Board and a director of Coda Octopus Group. and Gradient Resources, Inc.

Mr. William Tighe, Chairman of the Board for Cougar Canada, stated, "We are very pleased that Mr. Hamilton has joined the Board of Directors and look forward to his insights, thoughts and participation in the planning for current and future growth of the Corporation. As well he will be involved in the various internal corporate board business and committees. The addition of Mr. Hamilton as an experienced senior financial independent director and as an financial expert per the SEC and US Stock Exchange regulations, will also add strength at that level to support our application to the NYSE Amex Exchange."


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