VANCOUVER, British Columbia, Jan. 21, 2019 (GLOBE NEWSWIRE) -- Stamper Oil & Gas Corp. (TSX-V: STMP) (FSE: TMP2) (OTCQB: STMGF) (“Stamper” or “the Company”) today announces the resignation of Sasko Despotovski, and Mahmood Arshad as Directors of Stamper and David Alexander has resigned as Chief Financial Officer, all effective immediately. John Ryan, a member of the Board of Directors will assume the role of Chief Financial Officer on a interim basis.

The Company would like to thank the outgoing Directors and Officers for their services to the Board. The Company wishes them all the best in their future endeavors.

The Company announces the appointment of Bryson Goodwin to the Board of Directors who is joining current Directors David C. Greenway, John P. Ryan, and Alexander Polevoy.

David C. Greenway, Director and President & CEO

Mr. Greenway brings more than two decades of experience in managing, financing, and developing growth strategies for various TSX Venture Exchange and CSE listed companies, including involvement in acquisitions, business valuations and investor relations. His key expertise lies in the management and development of junior public resource companies, especially in the mining, and oil and gas sector. He has held directorships, senior management and business development positions including his role as the CEO of Stamper Oil & Gas Corp, Veritas Pharma Inc., Chief Consolidated Gold Mines, SNS Silver Corp, Moneta Resources Inc., Sterling Mining Company and his board position in Mountain View Conservation Centre. Mr. Greenway attended University in Bournemouth England where he studied Accounting and Finance.

John P. Ryan – B.S., Mining Engineering, J.D., Juris Doctor, Director and CFO

Mr. John P. Ryan J.D. has over 21 years’ experience with development-stage companies as a qualified mining engineer with extensive international mining experience particularly in the Coeur d’Alene District including work at the Consolidated Silver Mine and the Galena Mine. Mr. Ryan is the founder and co-founder of a number of resource companies including Royal Silver Mines Inc., Silver Bull Resources, Western Goldfields Inc., and U.S. Silver Corporation. In 2004 he co-founded High Plains Uranium, which successfully acquired uranium assets in the Powder River Basin of Wyoming and in Live Oak County and Bee County, Texas and is now part of Uranium One Corporation. Mr. Ryan has been a senior executive and director of a number of public companies in the USA, Canada, the UK, and Australia including, Consolidated Goldfields Corp., Southern Legacy Minerals, Inc., Sterling Mining Company, Silver Scott Mines, Inc., Plasmet Corp., Premium Exploration, Inc., Trend Petroleum Inc., and Independence Resources Plc. Mr. Ryan spent four years as a Lieutenant on sea duty in the United States Navy. Mr. Ryan holds a B.S., Mining Engineering from the University of Idaho and J.D., Juris Doctor in Corporate Civil Litigation from Boston College Law School.

Bryson Goodwin, Director

Mr. Goodwin is a practiced international executive with extensive experience in finance, sales, management, investor relations and operations with both private and public companies. His experience has demonstrated an operational, market and banking track record in the technology, biotechnology, oil/gas and resource sectors. Over the course of his career, he has fostered an extensive high-profile international association of contacts and close relationships through networking and proficient communication skills. He has been engaged by several resource, energy, clean tech and technology firms in the departments of finance, business development, public and investor relations, marketing, and sales. This has required extensive travel and flexibility in approach to business. Most recently he has held C-level executive positions in a banking and finance capacity. He joins the company with experience in the systems governing Canadian and U.S. stock exchanges, as well as public company management, predominantly in the resource and energy sectors. Mr. Goodwin also sits on the board of several public and private companies.

Alexander Polevoy, Director

Mr. Polevoy has held leading positions in international companies and is a seasoned financial accountant, oil & gas executive and an active investor in both private and public companies. Mr. Polevoy is a member of the Corporation's Audit Committee.

In early 2000's, Mr. Polevoy was Director, Corporate Procedures and Development of Yukos Group, Moscow, Russia, involved with preparing and implementing corporate strategy for improvement of financial structure over next 5 years, and setting up JOA, PSA negotiations, and tax planning. During this time, Mr. Polevoy held several positions at Yukos Group of companies including as Vice–President Finance, Deputy Chairman of the Board, and Member of the Board of Directors. He was involved in many aspects of the group providing leadership in a program of westernizing its financial system, developing the financial control strategy through the company, restructuring the head office and regional financial departments (over 2500 employees in finance) to fit new functions.

From 1994 to 1999, Mr. Polevoy was employed in the oil and gas, mining and manufacturing in Canada and the United States including as a Director, CFO and Accounting Manager for several firms including ZCL Composites Inc., Gold Tail Inc., Kazakhstan Goldfields Inc., and Geotex of Houston TX.

Mr. Polevoy is a Member of the Institute of Internal Auditors, New York. He graduated from Northern Alberta Institute of Technology with a degree in Finance and Accounting and McGill University with a degree in Advanced Financial Accounting and Management Financial Accounting.

The Company is currently evaluating other oil and gas projects in Latin America and Africa.

About Stamper Oil and Gas

Stamper Oil and Gas Corp. (TSX.V: STMP) is an oil and gas company, engaged in the acquisition, exploration and development of conventional oil and natural gas properties. The Company plans to identify and build out a portfolio of high-impact oil and gas prospects. Stamper is committed to creating sustainable shareholder value by evaluating and developing future prospects into commercially viable assets.

For further information on Stamper Oil and Gas please visit www.stamperoilandgas.com

ON BEHALF OF THE BOARD OF DIRECTORS                    
“David C. Greenway”
President & Director                                                            

For further information, please contact:
Stamper Investor Relations
Phone: (604) 684-2401                                                                                                             
Email: info@stamperoilandgas.com

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.

Forward-Looking Statements
This news release contains certain statements that may be deemed "forward-looking" statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Stamper Oil & Gas Corp. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Stamper Oil & Gas Corp. management on the date the statements are made. Except as required by law, Stamper Oil & Gas Corp undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.