– CANADA, Toronto – Magnolia Colombia Limited. (TSXV:MCO) today welcomes James Lanthier as the Company’s new President and Chief Executive Officer. Mr. Lanthier will also join the Magnolia board of directors.

Mr Lanthier is a seasoned technology and media executive with a strong background in M&A and finance. His prior public company roles include CEO of Tangelo Games, as COO and a member of the founding management team of Mood Media, and COO / CFO of Fun Technologies, sold to Liberty Media. Mr. Lanthier has extensive capital markets and M&A experience and, additionally, has served as Non-Executive Director of a number of public companies.

The appointment of Mr. Lanthier follows the resignation of Mr. Jaime Lalinde as a director and President and Chief Executive Officer of Magnolia.

The management and board of Magnolia would like to thank Mr. Lalinde for his service and the contributions he has made to the Company and wish him well in the future.

About Magnolia Colombia Limited:

Magnolia Colombia Limited is a Canadian independent oil exploration company.

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Talent4Boards Team

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