Mainland Resources Reappoints CFO
The Board of Directors of Mainland Resources has reappointed William D. Thomas as Chief Financial Officer/Treasurer of the Company effective as of March 26, 2010. Mr. Thomas formerly served the Company as interim CFO from July 9, 2008 to September 22, 2009, but resigned the position in order to satisfy commitments to other interests, which are now complete. He joined the Board of directors of the Company on September 22, 2009.
Mr. Thomas stated, "I am very pleased to be back on a full-time basis with a management team that rewards its members' contributions and looks to build real long-term value for all of its stakeholders. I look forward to being a part of Mainland Resources' success."
The Company expects that it will benefit greatly from Mr. Thomas' broad experience in working with growth-oriented energy companies and his intimate understanding of financial structures, particularly in the areas of new and emerging projects.