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G2 Energy appoints Cindric as president, director

2026-05-01 11:17 ET - News Release

Mr. Slawek Smulewicz reports

G2 ENERGY APPOINTS NEW PRESIDENT & BOARD MEMBER

G2 Energy Corp. has appointed Richard Cindric as president of the company, effective immediately. Mr. Cindric will also join the board of directors.

Mr. Cindric has over 15 years of experience in the Canadian financial industry, including corporate finance and the management of public companies, with a focus on natural resources and technology. Mr. Cindric has previously held board seats with public companies listed on the Canadian Securities Exchange. Over the past five years, Mr. Cindric has developed relationships in the oil and gas sector. These relationships provide access to producing oil fields with associated proven reserves and assets that are expected to be cash flow positive at current oil and gas prices.

Mr. Cindric stated: "I am very excited to join the G2 team and to be part of its vision. Together, we have identified legacy oil and gas fields that may be viable for horizontal rework programs in Texas and the surrounding states. Our first objective will be to address the company's cease trade order and trading suspension under CSE Policy 3. As the new president, I believe this is an excellent opportunity for G2 Energy to resume trading on the CSE and pursue revenue-generating energy assets, with the objective of restoring shareholder value."

Slawek Smulewicz, chairman and chief executive officer, commented: "I would like to welcome Richard Cindric to the company's board of directors. I look forward to his contributions as a member of our team as we move forward and build the production profile of the company."

About G2 Energy Corp.

Headquartered in British Columbia, Canada, G2 Energy is a junior oil and gas producer listed on the CSE. Its primary focus is to acquire and develop overlooked, low-risk, high-return opportunities in the oil and gas sector. G2's strategy is to build a portfolio of risk-managed production and development opportunities onshore in the United States. G2 is targeting top-tier projects with operating netbacks and existing infrastructure facilities that can help accelerate overall oil and gas production growth.

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