CanCambria Energy Provides Update on Board Leadership Transition
CanCambria Energy (OTCQB: CCEYF) announced that Executive Chairman Dr. Christopher T. Cornelius will retire as Executive Chairman effective December 31, 2025 and transition to a short-term non-executive advisory role in early 2026. Dr. Cornelius founded the company in 2017 and led it to a TSX Venture listing in 2024.
Dr. Paul Clarke, President and CEO, said Dr. Clarke will serve as interim Chairman until the company concludes its strategic partnership or joint venture process, with a permanent chairman likely to be selected in Q2 2026. The company emphasized continuity while it advances its European energy asset plan and strategic partnership efforts.
CanCambria Energy (OTCQB: CCEYF) ha annunciato che l'Amministratore Delegato Esecutivo Dr. Christopher T. Cornelius si ritirerà dall'incarico di presidente esecutivo con effetto dal 31 dicembre 2025 e passerà a un ruolo consultivo non esecutivo a breve termine all'inizio del 2026. Il Dr. Cornelius ha fondato l'azienda nel 2017 e l'ha guidata fino a una quotazione sul TSX Venture nel 2024.
Il Dr. Paul Clarke, Presidente e CEO, ha dichiarato che sarà Chairman ad interim fino a quando l'azienda non completerà il suo processo di partenariato strategico o joint venture, con l'eventuale nomina di un presidente a tempo indeterminato prevista nel secondo trimestre del 2026. L'azienda ha sottolineato la continuità mentre avanza nel piano di asset energetici europei e negli sforzi di partenariato strategico.
CanCambria Energy (OTCQB: CCEYF) anunció que el presidente ejecutivo Dr. Christopher T. Cornelius se retirará de su cargo de Presidente Ejecutivo con efecto el 31 de diciembre de 2025 y pasará a un rol asesor de carácter no ejecutivo a corto plazo a principios de 2026. El Dr. Cornelius fundó la empresa en 2017 y la llevó a una cotización en TSX Venture en 2024.
El Dr. Paul Clarke, Presidente y CEO, dijo que asumirá como presidente interino hasta que la empresa concluya su proceso de asociación estratégica o empresa conjunta, con la posibilidad de elegir un presidente permanente para el segundo trimestre de 2026. La compañía enfatizó la continuidad mientras avanza su plan de activos energéticos europeos y los esfuerzos de asociación estratégica.
CanCambria Energy (OTCQB: CCEYF)은 임원 회장 Dr. Christopher T. Cornelius가 2025년 12월 31일을 기점으로 임원회장 직에서 은퇴하고 2026년 초 비임원 자문 역할의 단기 지도로 전환할 것이라고 발표했습니다. Dr. Cornelius는 2017년에 회사를 설립했으며 2024년에 TSX Venture 상장을 이끌었습니다.
사장 겸 CEO인 Dr. Paul Clarke은 회사가 전략적 파트너십 또는 합작 투자 절차를 마무리할 때까지 임시 회장으로 재직하고, 영구 회장은 2026년 2분기에 선정될 가능성이 높다고 말했습니다. 회사는 유럽 에너지 자산 계획과 전략적 파트너십 노력을 추진하는 동안 연속성을 강조했습니다.
CanCambria Energy (OTCQB: CCEYF) a annoncé que le président exécutif Dr. Christopher T. Cornelius prendra sa retraite de son poste de président exécutif à compter du 31 décembre 2025 et passera à un rôle consultatif non exécutif à court terme au début de 2026. Le Dr Cornelius a fondé la société en 2017 et l'a conduite jusqu'à une cotation sur le TSX Venture en 2024.
Le Dr Paul Clarke, président et PDG, a déclaré qu'il occupera le poste de président par intérim jusqu'à ce que l'entreprise mène à bien son processus de partenariat stratégique ou de coentreprise, et qu'un président permanent devrait être choisi au 2e trimestre 2026. L'entreprise a mis l'accent sur la continuité pendant qu'elle fait progresser son plan d'actifs énergétiques européens et ses efforts de partenariats stratégiques.
CanCambria Energy (OTCQB: CCEYF) gab bekannt, dass der Vorstandsvorsitzende Dr. Christopher T. Cornelius sein Amt als Vorstandsvorsitzender mit Wirkung zum 31. Dezember 2025 niederlegen wird und Anfang 2026 in eine kurzfristige nicht-exekutive Beratungsrolle übergehen wird. Dr. Cornelius gründete das Unternehmen im Jahr 2017 und führte es zu einer TSX Venture Listing im Jahr 2024.
Dr. Paul Clarke, Präsident und CEO, erklärte, dass er als vorläufiger Vorsitzender fungieren werde, bis das Unternehmen seinen Prozess der strategischen Partnerschaft oder des Joint Ventures abschließt, wobei voraussichtlich im 2. Quartal 2026 ein dauerhafter Vorsitzender ernannt werden soll. Das Unternehmen betonte die Kontinuität, während es seinen europäischen Energieanlagen-Plan und die Bemühungen um strategische Partnerschaften vorantreibt.
CanCambria Energy (OTCQB: CCEYF) أعلنت أن رئيس مجلس الإدارة التنفيذي الدكتور كريستopher ت. كورنياس سيتقاعد من منصبه كـرئيس مجلس الإدارة التنفيذي اعتباراً من 31 ديسمبر 2025 وسينتقل إلى دور استشاري غير تنفيذي قصير الأجل في بداية 2026. أسس الدكتور كورنياس الشركة في 2017 وقادها إلى إدراج في TSX Venture في 2024.
قال الدكتور بول كلارك، الرئيس التنفيذي، إنه سيشغل منصب رئيس مؤقت للمجلس حتى تكمل الشركة عمليتها لشراكة استراتيجية أو مشروع مشترك، ومن المحتمل اختيار رئيس مجلس إدارة دائم في الربع الثاني من 2026. أكدت الشركة على الاستمرارية بينما تتقدم في خط أصول الطاقة الأوروبي وجهود الشراكات الاستراتيجية.
- Founder transition to short-term advisor in early 2026
- TSXV listing achieved in 2024 under founder leadership
- Interim chairman named immediately to maintain governance
- Executive Chairman retirement effective Dec 31, 2025
- Permanent chairman decision deferred until likely Q2 2026
- Strategic partnership outcome remains unresolved during transition
Vancouver, British Columbia--(Newsfile Corp. - November 13, 2025) - 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
For additional inquiries, please reach out to:
| Paul Clarke PhD CEO & President paul.clarke@cancambria.com Chris Beltgens VP, Corporate Development chris.beltgens@cancambria.com | Investor Relations - North America KIN Communications Inc. 604-684-6730 ccec@kincommunications.com Email: info@CanCambria.com Website: www.CanCambria.com |
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.
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FAQ
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