/KASE, February 10, 2020/ –Tethys Petroleum Limited (Cayman Islands),
whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has
provided KASE with the following press release dated February 9, 2020:
quote
Tethys Petroleum Limited (TSXV: TPL.H) ("Tethys" or the "Company") today
announces that Medgat Kumar has tendered his resignation from the Board of
Directors of the Company (the "Board") which will take place with immediate
effect. Mr. Kumar has informed the Company that he is optimistic for the long-
term future of Tethys and that his resignation is tied to the recent sale of
family owned shares in Tethys to generate funds for other projects his family
intends to pursue. He has confirmed that there are no problems he is aware of
which need to be brought to the Company's attention.
The Board wishes to express its appreciation to Medgat for his support and help,
since his appointment to the Board in January 2017, in transitioning Tethys
through a challenging period to a much more favorable position and wishes him
well for the future.
Consideration is being given by the Board to appointing a new director as a
replacement for Mr. Kumar and an announcement will be made in due course if an
appointment is made.
unquote
The full press release is available on KASE website –
http://kase.kz/files/emitters/KY_TPL_/ky_tpl__reliz_090220_1.pdf
[2020-02-10]