LNG Energy Changes Name to Esrey Energy, Canada

LNG Energy announced that its shareholders and the TSX Venture Exchange have approved the consolidation of LNG’s issued and outstanding Common Shares and a name change to Esrey Energy Ltd.

Pursuant to a special resolution passed by shareholders on November 6, 2013, the Company will proceed with the consolidation of its Common Shares on a 1,000 old for 1 new basis. Holders holding less than one full share post-consolidation are entitled to a cash payment of $0.01 per share of their holdings on a pre-consolidation basis in lieu of a fractional share. Following the consolidation, the Company will immediately complete a stock split on the basis of 1 old for 50 new, with fractional shares being rounded to the nearest whole number. The Consolidation and Stock Split will achieve a 20 to 1 consolidation and eliminate all of the shareholdings of less than 1,000 pre-consolidation shares in exchange for the cash payment of $0.01 per share.

Effective at the opening on November 18, 2013, the Common Shares of Esrey will commence trading on the TSX Venture Exchange on a consolidated basis. The CUSIP number of the Company will change to 29668C105 and the new trading symbol will be “EEL”.

The Company also announced that Shayne Dyrdal has been appointed as Chief Financial Officer of the Company as of November 12, 2013.

Dyrdal is a Chartered Accountant and holds an Honours Bachelor of Science from the University of Toronto. Over the past 5 years, Ms. Dyrdal has worked in the natural resources industry as the Manager of Financial Reporting at Eastern Platinum Limited and at Deloitte in Vancouver, Canada, where she articled and obtained her Chartered Accountant designation.

“We are delighted to welcome Shayne to our management team and look forward to having her financial expertise in the role of Chief Financial Officer. Her previous experience will be of significant value to the company.” commented David Nelson, President and CEO of LNG.

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LNG World News Staff, November 14, 2013