TEXAS JACK OIL Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
Effective April 30, 2017, Seng Kok Wan resigned from his
positions as the Director, Chief Executive Officer, Chief
Financial Officer, President and Secretary of Texas Jack Oil Gas
Corporation, a Nevada corporation (the Company). His resignation
was not due to any dispute or disagreement with the Company on
any matter relating to the Company’s operations, policies or
practices.
Effective April 30, 2017, Lai Kah Yin was appointed to serve as
the sole Director, Chief Executive Officer, Chief Financial
Officer, President and Secretary of the Company until her
successor(s) shall be duly elected or appointed, unless she
resigns, is removed from office or is otherwise disqualified from
serving as a director of the Company. Ms. Lai will serve on our
Board of Directors in accordance with the terms and conditions of
our standard Director Retainer Agreement, a form of which is
attached hereto and incorporated herein as Exhibit 10.1.
Lai Kah Yin, age 45, was appointed as
our Director, Chief Executive Officer, Chief Financial Officer,
President and Secretary on April 30, 2017. Ms. Lai has served as
the founder and senior partner of Crystal Mania, a retailer of
premium jewelry, crystals and stone products. From 2012 to 2015,
Ms. Lai was the founder and senior partner of Otaku House, a
retailer of educational toys. Ms. Lai graduated from Institut
Delta in 1992 with a distinction with a diploma in Management
Accounting. Ms. Lai brings to the Board of Directors her business
and operations experience.
Ms. Lai will not receive compensation in connection with her
service on our Board of Directors.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
| Number | Exhibit | |
| 10.1 | Form of Director Retainer Agreement |
About TEXAS JACK OIL & GAS CORPORATION (OTCMKTS:TXJK)
Texas Jack Oil & Gas Corp, located in Newport Coast, California, is an oil and gas exploration and production company. It was founded in 2013.
