CALGARY, ALBERTA--(Marketwired - March 31, 2016) - PetroFrontier Corp. ("PetroFrontier" or the "Corporation") (TSX VENTURE:PFC) announces that effective March 31, 2016, Mr. Shane Kozak is no longer employed by PetroFrontier as Vice President Finance and CFO. The Board of Directors of the Corporation thanks Mr. Kozak for his contributions to the Corporation and wishes him success in his future endeavours.
About PetroFrontier Corp.
PetroFrontier currently has in excess of $9 million in cash and no debt and has focused its attention on identifying and evaluating a range of options, which could include a recapitalization of PetroFrontier, a merger or other business combination of PetroFrontier with another entity or the sale of PetroFrontier as a whole.
PetroFrontier's head office is in Calgary, Alberta and its common shares are listed for trading on the TSX Venture Exchange under the symbol "PFC".
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.