CanCambria Energy Corp. Provides Update on Board Leadership Transition
- vivianaardaya3
- Nov 13
- 3 min read
CanCambria Energy Corp. (TSXV: CCEC) (FSE: 4JH) (OTCQB: CCEYF) (“CanCambria” or the “Company”) today announces that Executive Chairman Dr. Christopher T . Cornelius has advised the Board of Directors of the Company of his intention to retire as Executive Chairman, effective December 31, 2025.
Dr. Cornelius is expected to take a non-executive advisory role for a short period during
early 2026.
Dr. Cornelius, who founded CanCambria in 2017, has played a pivotal role in guiding the Company from its early stage through to its listing on the TSX Venture Exchange in 2024.
“Leading CanCambria has been one of the highlights of my career. I am exceedingly proud of what we have built and confident in the team’s ability to continue advancing CanCambria’s mission in the European energy sector. I look forward to seeing the Company thrive over the coming years,” said Dr. Cornelius.
Dr. Clarke will assume the role of Chairman of the Board on an interim basis, until the
outcome of the Company’s strategic partnership (or joint venture) effort is concluded and
a permanent Chairman is selected, likely in Q2 2026.
“On behalf of the Board and the CanCambria team, we sincerely thank Dr. Cornelius for his
many years of service; notably for his vision, steadfast leadership, and unwavering focus
on growing the Company,” said Dr. Paul Clarke, President and CEO. “Under his tenure,
CanCambria has built a top-tier asset base in Europe and created meaningful value for
our shareholders. We wish him the best in his retirement and the next phase of his life. We
now look forward with purpose to executing our business plan and leveraging our
exceptional technical and operations expertise”.
About CanCambria Energy Corp.
CanCambria Energy Corp. is a Canadian exploration and production company specializing in tight gas development. With a globally experienced leadership team, CanCambria focuses on high-quality, de-risked projects with direct access to profitable markets. Leveraging industries' most advanced technologies they aim to commercialize their flagship asset, the 100% owned Kiskunhalas Project in southern Hungary, a significant gas-condensate resource in the heart of Europe.
For additional inquiries, please reach out to:
Paul Clarke PhD CEO & President
Chris Beltgens VP, Corporate Development | Investor Relations - North America KIN Communications Inc. 604-684-6730
Email: info@CanCambria.com Website: www.CanCambria.com
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CAUTIONARY NOTE ON FORWARD-LOOKING STATEMENTS
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Certain information other than statements of historical facts contained in this news release constitutes “forward-looking information” or “forward-looking statements” (collectively, “forward-looking information”). Without limiting the foregoing, such forward-looking information includes statements regarding the anticipated appointment of a new Chairman, the Company’s business plans, expectations, capital costs and objectives. In this news release, words such as “may”, “would”, “could”, “will”, “likely”, “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate” and similar words and the negative form thereof are used to identify forward-looking information. Forward-looking information should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. Forward looking information is based on information available at the time and/or the Company management’s good faith belief with respect to future events and is subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond the Company’s control. The forward-looking information set forth herein reflects the Company’s expectations as at the date of this news release and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.