Brek Energy Appoints two Additional Directors.LONDON -- Brek Energy Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BREK) is pleased to announce that it has appointed Shawne Malone and Eugene Sweeney to its Board of Directors. The appointments are effective immediately giving Brek Energy a total of five board members. Mr. Malone started his career in the United States Marine Corps United States Marine Corps (USMC) Separate military service within the U.S. Department of the Navy (see U.S. Navy), charged with providing marine troops for seizure and defense of advanced bases and with conducting operations on land and in the air in connection with , spending two years at the Marine Barracks Japan. During his freshman year in college, he was called backed to active duty to serve in Desert Storm. After the Gulf war he completed his education at Penn State University receiving a BS in Finance and International Business with a focus on international economics. Following graduation, Mr. Malone was hired as a junior analyst for a hedge fund known as the Professional Edge Fund where he was assigned to the convertible bond department. Subsequently he spent a year working on the NYMEX See New York Mercantile Exchange. NYMEX See New York Mercantile Exchange (NYM). for an oil and gas options on futures trading firm. Mr. Malone's next assignment was working on the American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. as an Options Specialist for Toronto Dominion Bank, an international banking concern. He spent five years at the firm focusing on a variety of industries including, semiconductors, software, banking, and commodity stocks. Today Mr. Malone serves as the CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Griffin Asset Management LLC, a money management firm where he is a co-founder. Mr. Sweeney obtained his Bachelor of Science Noun 1. Bachelor of Science - a bachelor's degree in science BS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies in mechanical engineering from the Massachusetts Institute of Technology Massachusetts Institute of Technology, at Cambridge; coeducational; chartered 1861, opened 1865 in Boston, moved 1916. It has long been recognized as an outstanding technological institute and its Sloan School of Management has notable programs in business, and a Master of Science in Industrial and Manufacturing Systems Engineering from the Rackham School at the University of Michigan (body, education) University of Michigan - A large cosmopolitan university in the Midwest USA. Over 50000 students are enrolled at the University of Michigan's three campuses. The students come from 50 states and over 100 foreign countries. . Upon graduation he worked as an engineer for the Naval Warfare Assessment Center and Lord Corporation where he was awarded a patent for the work he did in metal forming processes. In 1993, Mr. Sweeney switched careers and started trading foreign currency options for Tague Securities, a local Philadelphia firm. He then took a position with the Professional Edge Fund, where he initially managed their floor operations and traders at the Chicago Mercantile Exchange Chicago Mercantile Exchange (CME) Chicago Mercantile Exchange (CME) is the largest futures exchange in the United States and the second largest exchange in the world for the trading of futures and options on futures. and subsequently traded their convertible bond portfolio and natural gas and oil options. After a brief time working at ABN Amro in foreign currency options, he joined two associates as a partner in Bushwood Trading. In 2002, he went to TD Securities in London as a volatility arbitrage trader. Recently Mr. Sweeney has returned to the U.S. and is a co-founder of Griffin Asset Management LLC. "We are extremely pleased that Mr. Malone and Mr. Sweeney have agreed to join our Board. Their extensive background in the finance industry with a particular focus on the oil and gas sector will greatly assist Brek Energy with any capital raising requirements. In addition, as our production increases from new and existing wells that we participate in, we will draw on their industry experience to assist with the marketing of our natural gas production," said Ian Robinson, Chairman of the Board of Directors. On behalf of the Board Ian Robinson About Brek Energy Corporation Brek Energy Corporation is an exploration and development company with interests in non-conventional oil and gas resources in Texas and the Rocky Mountains. Its common shares trade under the symbol BREK. For more information, please visit www.brekenergy.com. Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995). Because such statements include significant risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. For a discussion of some of these risks and uncertainties, please refer to the company's SEC filings, which contain additional discussion about those risk factors, which could cause actual results to differ from management's expectations. Brek Energy expressly disclaims any obligation to update the statements contained herein. Brek Energy Corporation (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. :BREK) |
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