American Eagle Energy appoints Director
American Eagle Energy has appointed Andrew Calerich as a Director. The effective date is February 21, 2012.
Appointment:
Recent Trading
American Eagle Energy (AMZG.OTC) MCap is US$8.4 million at the last price of 92.0c.
Original Announcement
American Eagle Energy Appoints Andrew Calerich as a Director
American Eagle Energy Corporation (OTCBB: AMZG; "AMZG") is pleased to announce the appointment of Andrew Calerich to its Board of Directors. Mr. Calerich will chair the Company's recently established Audit Committee."We are delighted to welcome Andy to our board," said Brad Colby, AMZG's Chief Executive Officer and President. "His qualifications and expertise will further broaden our Board's oil and gas expertise as we continue to expand our business operations. We are confident that his contributions will be invaluable.""This is a terrific time for American Eagle and its stockholders and I am excited to have been invited to join the American Eagle team at this stage of its corporate development," commented Andrew Calerich.Mr. Calerich, 47, has more than 20 years of public company upstream oil and gas experience. Most recently, until its merger into a wholly-owned subsidiary of Hess Corporation in December 2010, he served as the president and a director of American Oil & Gas Inc., a publicly traded independent oil and gas exploration and production company. Since January 2011, Mr. Calerich has served as a director for Earthstone Energy, Inc., an oil and gas exploration, development, and production company, listed on the NYSE Amex.Today, Mr. Calerich purchased 100,000 shares of AMZG's restricted common stock at a price of $1.10 per share, which represented 110% of Friday's the closing price. Mr. Calerich was granted an option to purchase up to 200,000 shares of AMZG's common stock at a price of $.92 per share (which represented the average of the closing prices of AMZG's common stock for the five trading days prior to the effective date of his appointment), vesting 50% on the first anniversary of the grant and 50% will vest on the second anniversary.Source: NASDAQ Stock Exchange
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Subject
APPOINTMENTS (95%); OIL & GAS INDUSTRY (90%); EXECUTIVES (90%); BOARD CHANGES (90%); EXECUTIVE MOVES (90%); MINING & EXTRACTION SECTOR PERFORMANCE (89%); STOCK EXCHANGES (89%); COMMON STOCK (89%); OIL & GAS EXTRACTION (88%); CRUDE OIL & NATURAL GAS EXTRACTION (88%); PERSONNEL CHANGES (78%); BOARDS OF DIRECTORS (78%); PARENT COMPANIES (75%); OIL & GAS EXPLORATION & EXTRACTION (73%); OIL & GAS EXPLORATION (73%); OIL EXPLORATION (73%); MERGERS (71%); SHAREHOLDERS (66%); ANNIVERSARIES (60%) DEMAND KEY MEDIA
Industry
NAICS212221 GOLD ORE MINING (94%); NAICS211111 CRUDE PETROLEUM & NATURAL GAS EXTRACTION (94%); SIC1311 CRUDE PETROLEUM & NATURAL GAS (94%); SIC1041 GOLD ORES (94%); NAICS324110 PETROLEUM REFINERIES (66%); SIC2911 PETROLEUM REFINERIES (66%); SIC1382 OIL & GAS FIELD EXPLORATION SERVICES (64%); NAICS523210 SECURITIES & COMMODITY EXCHANGES (52%); SIC6231 SECURITIES & COMMODITY EXCHANGES (52%)
Ticker
HES (NYSE) (66%); ESTE (NYSE AMEX) (64%)
Geographic
UNITED STATES (94%) United States
