NATION ENERGY INC. (OTCMKTS:NEGY) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 from the Original 8-K, but no changes have been made to Item 5.02.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On May 31, 2017, John R. Hislop resigned from his position as Chief Financial Officer of Nation Energy Inc.
About NATION ENERGY INC. (OTCMKTS:NEGY)
Nation Energy Inc. (Nation Energy) operates as a shell company. The Company has no business. The Company is engaged in evaluating the merits of various opportunities in the resource sector. The Company’s subsidiaries include Nation Energy (Australia) PTY Ltd. (Nation Australia), Nation GP, LLC (Nation GP) and Nation SLP, LLC (Nation SLP). Paltar Nation Limited Partnership (Paltar Nation) is a limited partnership between Nation GP, as the general partner of the partnership and Nation SLP as the limited partner. Nation Energy has formed Paltar Nation for the purpose of funding exploration expenditures required to be provided by the subsidiary of the Company, Nation Energy (Australia) Pty Ltd., to explore and develop all or a portion of approximately 775,290 acres of certain Australian exploration permits.