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Tenth Avenue Petroleum Announces Cfo Transition And Amendment To Stock Option Grant
AMDAMD(US:AMD) Thenewswireยท2025-10-02 18:20

Group 1 - Tenth Avenue Petroleum Corp. announced the resignation of Sonja Kuehnle as VP Finance & CFO, effective December 28, 2025, to pursue other professional opportunities [1] - The company will initiate a search for a permanent successor and Kuehnle will assist in the transition [1][2] - Cameron MacDonald, President & CEO, expressed gratitude for Kuehnle's contributions since her appointment on May 9, 2023 [2] Group 2 - The company plans to amend its previously stated Stock Option grant to Boardmarker Group, reducing the number of stock options from 200,000 to 58,000, while maintaining the exercise price at $0.10 [3] - Tenth Avenue Petroleum Corp. is engaged in the acquisition, development, and production of oil and gas in the Western Canadian Sedimentary Basin, focusing on Mannville development in Southern Alberta [4] - The company aims to unlock significant resources through a low-risk acquisition strategy and modern completion techniques [4]