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Brookside Energy adds financial strength to board through appointment of new director

Richard Homsany has been appointed as a non-executive director, replacing Loren King who remains as company secretary.

Brookside Energy Ltd -  Brookside Energy appoints Richard Homsany to non-executive director role
Brookside is focused on developing oil and gas plays in the world-class Anadarko Basin in the US

Brookside Energy Ltd (ASX:BRK) has strengthened its board with financial expertise through the appointment of Richard Homsany as a non-executive director of the company.

Coinciding with Homsany’s appointment is the retirement of Loren King as a non-executive director, although she will continue her position as Brookside’s company secretary.

Experienced corporate lawyer

Homsany is an experienced corporate lawyer and certificated practising accountant with experience in the resources and energy sectors.

He is the executive chairman of uranium exploration company Toro Energy Limited (ASX:TOE), as well as executive vice president of TSX-listed Mega Uranium Ltd (TSE:MGA).

King has been a director of Brookside since its re-capitalisation in 2015 when she made a major contribution to the corporate management of the business during her time as a director.

The company said it was delighted to have retained King’s skills and experience in the important role of company secretary.

On-market purchase

In January 2020 Brookside chairman Michael Fry purchased 1.5 million shares through on-market trades.

The $10,500 purchase increased his overall holding in the company to 5.5 million shares.

Brookside is focused on developing and monetising its oil & gas assets in the world-class Anadarko Basin in Oklahoma.

Quick facts: Brookside Energy Ltd

Price: 0.01 AUD

ASX:BRK
Market: ASX
Market Cap: $10.02 m
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