VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 04/25/13 -- Goldeneye Resources Corp. (TSX VENTURE: GOE) (the "Company" or "Goldeneye") is pleased to announce a key appointment to the Company's management team for its Keyes Dome light oil appraisal and development project in Cimarron County, Oklahoma. John A. Reeves, Jr., Ph.D., has joined the Company as Chief Executive Officer and director. Dr. Reeves replaces Robert Findlay as the CEO. The Company appreciates the excellent work and leadership provided Mr. Findlay during his tenure with the Company.
Dr. Reeves has spent his entire 37 year career working in the energy sector. He has drilled in excess of 100 oil/gas and CBM wells. His work ranges from evaluating to developing oil and gas properties in Indonesia, Louisiana Gulf Coast, Utah, Alaska, and Colorado. Dr. Reeves was a lead member of a merger-acquisition-divesture team for the US Division of a large Canadian oil and gas company. He currently serves as an independent director and advisor on Mid Continent Minerals Board, Mid Continent Coal and Coke Board, and Diamond K Gypsum Board. Dr. Reeves has been the President and CEO of two independent oil and gas companies conducting exploration and production programs in the Piceance Basin, Utah, and Kansas.
Geoff Balderson, President of Goldeneye commented, "John is a welcome addition to the Goldeneye team. His expertise and knowledge in site operations, finance, investment, and executive management will be a huge asset to the Company. We look forward to his leadership and experience."
Dr. Reeves is a graduate from Colorado School of Mines, BS Physics/Geophysics, MS Metallurgy, and Ph.D. Mineral Economics (finance and investment). He is a registered PE in the State of Colorado and is a member of the SME (Society of Mining, Metallurgical, and Exploration Petroleum Engineers).
The Company also announces that is has entered into a consulting agreement with FronTier Merchant Capital Group ("FronTier"), an independent consulting firm based in Toronto, Ontario. FronTier will provide comprehensive consulting, advisory and marketing initiatives to the Company. Under the terms of agreement, FronTier will receive compensation of $5,520 per month for a term of ten months.
FronTier Merchant Capital Group is a full service independent financial markets consulting firm. FronTier provides a wide range of services to its clients including assessing client's market needs and providing necessary solutions. It is focused on establishing lasting and valuable long-term relationships with clients and the financial community and is constantly uncovering innovative and dynamic ways to increase value to the clients.
ON BEHALF OF THE BOARD
Geoff Balderson, President
We seek safe harbor.
Neither 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.
Goldeneye Resources Corp.
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