Fedun <greg@emperoroil.com>
Subject: Message-Id: <ADD17739-B548-4195-9A6D-65CF63C27672@emperoroil.com>
PLAIN TEXT:
EMPEROR OIL LTD. NEWS
BOARD AND MANAGEMENT UPDATE
Calgary, AB., September 22, 2014 � The Board of Directors of Emperor Oil Ltd. (TSX.V: EM) (�Emperor� or the �Company�)
---> is pleased to provide an update regarding the board and management of the Company.
At the Compnay�s AGM held on July 25, 2014 the following were elected to the board of directors:
Michael Dake
John G.F. McLeod
Daryn Gordon
Mark Bloom
Bassam Abu Yousef
Following the meeting, Mr. Dake resigned as CEO and Mr. Gregory Fedun was appointed CEO and as a director of the Compa
--->ny.
About Mr. Fedun and Mr.Usef:
Bassam Abu Usef
Bassam Abu Usef obtained his diploma in Information Technology & Business Administration from Hebron Technical Enginee
--->ring University in 1987. He began his career in the IT sector but his entrepreneurial spirit led him to start the fir
--->st of his highly successful companies, Micro Data Computers, in 1991 in the United Arab Emirates. In 2001 he establis
--->hed Emirates Falcon Security to be followed by Emirates Falcon Industrial and Engineering Supplies in 2002 in Ab
--->u Dhabi. All the companies are still operating and under his leadership Emirates Falcon executes on average of 25-30
--->projects a year with an annual revenue of $58 million.
Emirates Falcon is a specialist provider of piping materials. It offers, through its extensive network of relatio
--->nships with the best local and overseas suppliers and manufacturers, vital components to the Oil & Gas, Petrochemica
--->l, Water and Power and Marine and Construction sectors in the MENA and Caspian belt regions. Emirates Falcon counts a
--->mongst its clients all the major regional oil & gas companies such as Saudi Aramco, ADNOC group of companies, Qatar Pe
--->troleum, PDO as well as all of the major EPC companies operating in the region. Specialized Business Units of
--->Emirates Falcon complement and integrate with each other to offer a �One Stop� solution to the spectrum of requirement
--->s, thus providing full turnkey solutions to the sector.
Furthermore, Bassam has negotiated exclusive distribution & agent agreements with some of the best known global manufa
--->cturers in this arena such as US Steel and Salzgitter Mannesmann to name but a few. For further information, please v
--->isit their website www.emiratesfalcon.com.
In addition, due to his reputation and expertise in emerging markets supported by his deeply entrenched relations
--->hips in the MENA region, Africa and the Caspian belt, he has originated, structured and executed numerous large scal
--->e Oil & Gas, Infrastructure and Mining investments from GCC and multinational companies into Africa.
Gregory Fedun
Coming from a long lineage of Oil and Gas professionals, Mr. Fedun has attained significant experience in the natural
---> resource sector and in particular, the oil and gas sector. Mr. Fedun has assisted several companies in the developme
--->nt of their resource projects in North America, South America, Africa and the Middle East. The projects included the
--->development and discovery of five off-shore hydrocarbon assets in the Gulf of Mexico.
Mr. Fedun previously worked extensively with the Al Mualla Royal Family (UAE) consulting on various projects. Additio
--->nally, Mr. Fedun assisted Voyageur Oil & Gas Corp. in reforming its management team which directly resulted in Voyageu
--->r securing a business combination transaction with Anadarko Petroleum Corporation with a value in excess of $70
--->million.
The companies he has been associated with have raised in excess of $350 million over the past 6 years.
Update on Projects
The Company continues to conduct diligence with respect to various projects in both Africa and the Middle East, includ
--->ing prospective transactions pursuant to its letter of intent with the Four Winds group of companies (announced Februa
--->ry 6, 2014).
Private Placement and Debt Settlement
In order to fund the Company�s overhead and administrative expenses, as well as finance the diligence required to unde
--->rtake a project, the Company will be completing a private placement of units for gross proceeds of up to $600,000. Ea
--->ch unit will be issued for $0.05 and will be comprised of a share and a 12 month warrant exercisable into a share f
--->or an exercise price of $0.10 per share.
In addition to the placement, the Company will be settling $826,959.67 of debt incurred in the course of diligence and
---> general and administrative expenses in units at a price of $0.05 per unit, each unit comprised of a share and a $0.10
---> warrant for a period of 12 months. The indebtedness represents hard dollar advances to the Company only and will res
--->ult in the issuance of 15,539,180 shares of the Company. The private placement and debt settlement are subject to reg
--->ulatory approval.
ON BEHALF OF THE BOARD
About Emperor
Emperor Oil is an international oil and gas exploration and development company. For further information please contac
--->t the Company at +1 587 296 0858 or email at info@emperoroil.com
Mr John Mcleod +1 403 850 3450
Mr Gregory Fedun +1 604 306 3377
Neither NEX Exchange nor its Regulations Services Provider (as that term is defined in the policies of the NEX Exchan
--->ge) accepts responsibility for the adequacy or accuracy of this news release.
Cautionary Statement Regarding �Forward-Looking� Information
Some of the statements contained in this press release are forward-looking statements and information within the meani
--->ng of applicable securities laws. Forward-looking statements and information can be identified by the use of words suc
--->h as �expects�, �intends�, �is expected�, �potential�, �suggests� or variations of such words or phrases, or statement
--->s that certain actions, events or results �may�, �could�, �should�, �would�, �might� or �will� be taken, occur or be a
--->chieved. Forward-looking statements and information are not historical facts and are subject to a number of risks and
--->uncertainties beyond Emperor�s control. Actual results and developments are likely to differ, and may differ materiall
--->y, from those expressed or implied by the forward-looking statements contained in this news release. Accordingly, read
--->ers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publ
--->icly or otherwise revise any forward-looking statements, except as may be required by law.
HTML CONTENT:
<html><head><meta http-equiv="Content-Type" content="text/html charset=windows-1252"></head><body style="word-wrap: br
--->eak-word; -webkit-nbsp-mode: space; -webkit-line-break: after-white-space;"><p style="margin: 0px 0px 12px; text-align
--->: center; font-family: 'Times New Roman';"><span style="letter-spacing: 0.0px"><b>EMPEROR OIL LTD. NEWS</b></span></p>
---><p style="margin: 0px 0px 12px; text-align: center; font-family: 'Times New Roman';"><span style="letter-spacing: 0.0p
--->x"><b>BOARD AND MANAGEMENT UPDATE</b></span></p><p style="margin: 0px 0px 12px; text-align: justify; font-family: 'Tim
--->es New Roman';"><span style="letter-spacing: 0.0px">Calgary, AB., September 22, 2014 � The Board of Directors of Emper
--->or Oil Ltd. (TSX.V: EM) (�Emperor� or the �Company�) is pleased to provide an update regarding the board and &n
--->bsp; management of the Company.</span></p><p style="margin: 0px 0px 12px; text-align: justify; font-fami
--->ly: 'Times New Roman';"><span style="letter-spacing: 0.0px"><b>At the Compnay�s AGM held on July 25, 2014 </b>the foll
--->owing were elected to the board of directors:</span></p><p style="margin: 0px 0px 12px; text-align: justi
--->fy; text-indent: 108px; font-family: 'Times New Roman';"><span style="letter-spacing: 0.0px">Michael Dake</span></p><p
---> style="margin: 0px 0px 12px; text-align: justify; text-indent: 108px; font-family: 'Times New Roman';"><span style="l
--->etter-spacing: 0.0px">John G.F. McLeod</span></p><p style="margin: 0px 0px 12px; text-align: justify; text-indent: 108
--->px; font-family: 'Times New Roman';"><span style="letter-spacing: 0.0px">Daryn Gordon</span></p><p style="margin: 0px
--->0px 12px; text-align: justify; text-indent: 108px; font-family: 'Times New Roman';"><span style="letter-spacing: 0.0px
--->">Mark Bloom</span></p><p style="margin: 0px 0px 12px; text-align: justify; text-indent: 108px; font-family: 'Times Ne
--->w Roman';"><span style="letter-spacing: 0.0px">Bassam Abu Yousef</span></p><p style="margin: 0px 0px 12px; text-align:
---> justify; font-family: 'Times New Roman';"><span style="letter-spacing: 0.0px">Following the meeting, Mr. Dake resigne
--->d as CEO and Mr. Gregory Fedun was appointed CEO and as a director of the Company.</span></p><p style="margin: 0px 0px
---> 12px; text-align: justify; font-family: 'Times New Roman';"><span style="letter-spacing: 0.0px">About Mr. Fedun and M
--->r.Usef:</span></p><p style="margin: 0px 0px 12px; text-align: justify; font-family: 'Times New Roman';"><span style="t
--->ext-decoration: underline ; letter-spacing: 0.0px"><b>Bassam Abu Usef</b></span></p><p style="margin: 0px 0px 12px; te
--->xt-align: justify; font-family: 'Times New Roman';"><span style="letter-spacing: 0.0px">Bassam Abu Usef obtained his d
--->iploma in Information Technology & Business Administration from Hebron Technical Engineering University in 1987.&n
--->bsp; He began his career in the IT sector but his entrepreneurial spirit led him to start the first of his highly succ
--->essful companies, Micro Data Computers, in 1991 in the United Arab Emirates. In 2001 he established Emirates Fal
--->con Security to be followed by Emirates Falcon Industrial and Engineering Supplies in 2002 in Abu
---> Dhabi. All the companies are still operating and under his leadership Emirates Falcon executes on average of 25
--->-30 projects a year with an annual revenue of $58 million.</span></p><p style="margin: 0px 0px 12px; text-align: justi
--->fy; font-family: 'Times New Roman';"><span style="letter-spacing: 0.0px">Emirates Falcon is a specialist provider of p
--->iping materials. It offers, through its extensive network of relationships with the best local and
---> overseas suppliers and manufacturers, vital components to the Oil & Gas, Petrochemical, Water and Power an
--->d Marine and Construction sectors in the MENA and Caspian belt regions. Emirates Falcon counts amongst its clien
--->ts all the major regional oil & gas companies such as Saudi Aramco, ADNOC group of companies, Qatar Petroleum, PDO
---> as well as all of the major EPC companies operating in the region. Specialized Business U
--->nits of Emirates Falcon complement and integrate with each other to offer a �One Stop� solution to the spectrum of req
--->uirements, thus providing full turnkey solutions to the sector.</span></p><p style="margin: 0px 0px 12px; text-align:
--->justify; font-family: 'Times New Roman';"><span style="letter-spacing: 0.0px">Furthermore, Bassam has negotiated exclu
--->sive distribution & agent agreements with some of the best known global manufacturers in this arena such as US Ste
--->el and Salzgitter Mannesmann to name but a few. For further information, please visit their website <a href="htt
--->p://www.emiratesfalcon.com">www.emiratesfalcon.com</a>.</span></p><p style="margin: 0px 0px 12px; text-align: justify;
---> font-family: 'Times New Roman';"><span style="letter-spacing: 0.0px">In addition, due to his reputation and expertise
---> in emerging markets supported by his deeply entrenched relationships in the MENA region, Africa a
--->nd the Caspian belt, he has originated, structured and executed numerous large scale Oil & Gas, Infrastruct
--->ure and Mining investments from GCC and multinational companies into Africa.</span></p><p style="margin: 0px 0px 12px;
---> text-align: justify; font-family: 'Times New Roman'; min-height: 15px;"><span style="text-decoration: underline ; let
--->ter-spacing: 0.0px"><b></b></span><br></p><p style="margin: 0px 0px 12px; text-align: justify; font-family: 'Times New
---> Roman';"><span style="text-decoration: underline ; letter-spacing: 0.0px"><b>Gregory Fedun</b></span></p><p style="ma
--->rgin: 0px 0px 12px; text-align: justify; font-family: 'Times New Roman';"><span style="letter-spacing: 0.0px">Coming f
--->rom a long lineage of Oil and Gas professionals, Mr. Fedun has attained significant experience in the natural re
--->source sector and in particular, the oil and gas sector. Mr. Fedun has assisted several companies in the develop
--->ment of their resource projects in North America, South America, Africa and the Middle East. The projects includ
--->ed the development and discovery of five off-shore hydrocarbon assets in the Gulf of Mexico.</span></p><p style="margi
--->n: 0px 0px 12px; text-align: justify; font-family: 'Times New Roman';"><span style="letter-spacing: 0.0px">Mr. Fedun p
--->reviously worked extensively with the Al Mualla Royal Family (UAE) consulting on various projects. Additionally,
---> Mr. Fedun assisted Voyageur Oil & Gas Corp. in reforming its management team which directly resulted in Voyageur
--->securing a business combination transaction with Anadarko Petroleum Corporation with a value in e
--->xcess of $70 million.</span></p><p style="margin: 0px 0px 12px; text-align: justify; font-family: 'Times New Roman';">
---><span style="letter-spacing: 0.0px">The companies he has been associated with have raised in excess of $350 million ov
--->er the past 6 years.</span></p><p style="margin: 0px 0px 12px; text-align: justify; font-family: 'Times New Roman';"><
--->span style="text-decoration: underline ; letter-spacing: 0.0px"><b>Update on Projects</b></span></p><p style="margin:
--->0px 0px 12px; text-align: justify; font-family: 'Times New Roman';"><span style="letter-spacing: 0.0px">The Company co
--->ntinues to conduct diligence with respect to various projects in both Africa and the Middle East, including prospectiv
--->e transactions pursuant to its letter of intent with the Four Winds group of companies (announced February 6, 2014).</
--->span></p><p style="margin: 0px 0px 12px; text-align: justify; font-family: 'Times New Roman';"><span style="text-decor
--->ation: underline ; letter-spacing: 0.0px"><b>Private Placement and Debt Settlement</b></span></p><p style="margin: 0px
---> 0px 12px; text-align: justify; font-family: 'Times New Roman';"><span style="letter-spacing: 0.0px">In order to fund
--->the Company�s overhead and administrative expenses, as well as finance the diligence required to undertake a project,
--->the Company will be completing a private placement of units for gross proceeds of up to $600,000. Each unit will
---> be issued for $0.05 and will be comprised of a share and a 12 month warrant exercisable into a share for
---> an exercise price of $0.10 per share.</span></p><p style="margin: 0px 0px 12px; text-align: justify; font-family: 'Ti
--->mes New Roman';"><span style="letter-spacing: 0.0px">In addition to the placement, the Company will be settling $826,9
--->59.67 of debt incurred in the course of diligence and general and administrative expenses in units at a price of $0.05
---> per unit, each unit comprised of a share and a $0.10 warrant for a period of 12 months. The indebtedness repres
--->ents hard dollar advances to the Company only and will result in the issuance of 15,539,180 shares of the Company.&nbs
--->p; The private placement and debt settlement are subject to regulatory approval.</span></p><p style="margin: 0px 0px 1
--->2px; text-align: justify; font-family: 'Times New Roman';"><span style="letter-spacing: 0.0px">ON BEHALF OF THE BOARD<
--->/span></p><p style="margin: 0px 0px 12px; text-align: justify; font-family: 'Times New Roman';"><span style="text-deco
--->ration: underline ; letter-spacing: 0.0px"><b>About Emperor</b></span></p><p style="margin: 0px 0px 12px; font-family:
---> 'Times New Roman';"><span style="letter-spacing: 0.0px">Emperor Oil is an international oil and gas exploration and d
--->evelopment company. For further information please contact the Company at +1 587 296 0858 or email at <a href="mailto:
--->info@emperoroil.com"><span style="font-size: 11px; font-family: 'Trebuchet MS'; letter-spacing: 0px;">info@emperoroil.
--->com</span></a></span></p><p style="margin: 0px 0px 12px; font-family: 'Times New Roman';"><span style="text-decoration
--->: underline ; letter-spacing: 0.0px">Mr John Mcleod +1 403 850 3450 </span></p><p style="margin: 0px
---> 0px 12px; font-family: 'Times New Roman';"><span style="text-decoration: underline ; letter-spacing: 0.0px">Mr Gregor
--->y Fedun +1 604 306 3377</span></p><p style="margin: 0px 0px 12px; font-family: 'Times New Roman'; min-height: 15px;"><
--->span style="text-decoration: underline ; letter-spacing: 0.0px"></span><br></p><p style="margin: 0px 0px 12px; font-fa
--->mily: 'Times New Roman'; min-height: 15px;"><span style="text-decoration: underline ; letter-spacing: 0.0px"></span><b
--->r></p><p style="margin: 0px 0px 12px; font-family: 'Times New Roman';"><span style="letter-spacing: 0.0px">Neither NEX
---> Exchange nor its Regulations Services Provider (as that term is defined in the policies of the NEX Exchange) ac
--->cepts responsibility for the adequacy or accuracy of this news release.</span></p><p style="margin: 0px 0px 12px; text
--->-align: justify; font-size: 10px; font-family: 'Times New Roman';"><span style="letter-spacing: 0.0px"><i>Cautionary S
--->tatement Regarding �Forward-Looking� Information</i></span></p><div style="margin: 0px; text-align: justify; font-size
--->: 10px; font-family: 'Times New Roman';"><span style="letter-spacing: 0.0px"><i>Some of the statements contained in th
--->is press release are forward-looking statements and information within the meaning of applicable securities laws. Forw
--->ard-looking statements and information can be identified by the use of words such as �expects�, �intends�, �is expecte
--->d�, �potential�, �suggests� or variations of such words or phrases, or statements that certain actions, events or resu
--->lts �may�, �could�, �should�, �would�, �might� or �will� be taken, occur or be achieved. Forward-looking statements an
--->d information are not historical facts and are subject to a number of risks and uncertainties beyond Emperor�s control
--->. Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by
--->the forward-looking statements contained in this news release. Accordingly, readers should not place undue reliance on
---> forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-l
--->ooking statements, except as may be required by law.</i></span></div></body></html>
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