PetroMaroc Announces Resignation of CEO and appointment of CEO

TORONTO, Canada, March 1, 2018. PetroMaroc Corporation plc (TSXV: PMA) (the “Company” or “PetroMaroc”) today announces the resignation of D. Campbell Deacon as Chief Executive Officer (“CEO”) of the Company, effective immediately, due to personal reasons, and the appointment of a new CEO.

Dennis A. Sharp, Chairman of the Board, commented “PetroMaroc’s board sincerely thanks Mr. Deacon for all of his efforts and continuing support of the Company, and wishes him well in his future endeavours.” The Company has appointed Mr. Sharp to serve as the CEO of the Company.

About PetroMaroc
PetroMaroc Corporation plc is an independent oil and gas exploration company. PetroMaroc holds a substantial share position in Sound Energy plc, and net profit interests in the Sidi Moktar licence (onshore Morocco), as a committed long-term partner to unlock the hydrocarbon potential of the Essaouira region. PetroMaroc is a public company and its common shares are listed on the TSX Venture Exchange under the symbol PMA.

Additional information about the Company is available on the PetroMaroc website at www.petromaroc.co or under the Company’s SEDAR profile at www.sedar.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

For further information contact:
PetroMaroc Corporation plc
Martin Arch
Chief Financial Officer
+44 (0) 7722 491084