Maple Board Member Resigns



Maple Energy announced the resignation of Mr. Antonio Villa Mardon from his position as an independent non-executive director of the Company's Board of Directors ("Board") with effect from June 6, 2011. Mr. Villa Mardon is resigning his position on the Board to continue to pursue his other personal business interests in Peru. The Nomination Committee of the Board will commence its search for a new independent non-executive director to replace Mr. Villa Mardon. The Company intends to announce the appointment of a new director as soon as such director has been nominated and properly installed.

Mr. Villa Mardon commented, "It has been my great pleasure to serve Maple and its shareholders, and I look forward to following the Company's progress as it executes both its strategy and business plan which I firmly believe the Company is pursuing in a very professional manner."

Nigel Christie, Chairman of the Board, also commented on Mr. Villa Mardon's retirement, "The entire Board and management would like to thank Antonio for his contribution and commitment to the Company, and we wish him well for the future."


RELATED COMPANIES