Junior oil and gas exploration and production company Molopo Energy Limited announced Thursday the appointment of Yaniv Stern to its board as a non-executive director.
Following the acquisition of Molopo shares by Bentley Capital Limited, Stern has joined the board at the request of the new shareholder. David Sanders, who joined the board as the representative of Bentley Capital Limited, has resigned as a director following the appointment of Stern.
Commenting on Stern’s appointment, Molopo Energy Limited stated in a company release:
“The directors welcome Mr Stern to Molopo as the board continue to discuss the future strategy of the company in consultation with advisers.”
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