Renews Shareholder Rights Plan, Adopts new Stock Option Plan and Augments Capital Structure
VANCOUVER, Dec 22, 2009 (BUSINESS WIRE) –
Dejour Enterprises Ltd. (NYSE-AMEX: DEJ / TSX: DEJ) is pleased to announce the election of Mr. Stephen R. Mut, M.Sc. Environmental Eng. and Mr. Darren Devine, LLB as new members of the Dejour Board of Directors. Re-elected at the AGM are Mr. Harrison Blacker M.Sc. M.Eng., Mr. Craig Sturrock LLM QC, Mr. Richard Patricio LLB, Mr. H. Robert Holmes and Mr. Robert L. Hodgkinson.
Mr. Mut will also serve as Co-Chair of the Board of Directors. Steve has been a Special Assistant to the CEO and COO for the past 7 months. He brings to the company extensive experience. Most recently he served as CEO of the Shell Unconventional Resources unit of Shell Exploration and Production Company. Before retiring from Shell in mid 2009, Mr. Mut led the team responsible for research and development of a new enhanced oil recovery method in northwestern Colorado’s oil shale resources known as The Mahogany Research Project, field-testing the technical and environmental viability of Shell’s in situ (in ground) process.