What specific resource industry experience do Akit and Kozak bring?

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Simon Akit and Frederick Kozak Bring Extensive Resource Industry Experience to First Energy Africa's Board

Simon Akit and Frederick Kozak have been appointed to the Board of Directors of First Energy Africa Oil Corp., bringing a combined wealth of experience in the resource sector. Akit contributes seven years of direct engineering and operations experience within the resource industry, complementing his extensive capital markets background. Kozak, on the other hand, offers over four decades of comprehensive experience spanning both the resource and capital markets sectors, with a notable focus on African and South American markets.
Simon Akit's Resource Sector Background

Simon Akit’s involvement in the resource industry includes seven years dedicated to engineering and operations. This practical experience is augmented by his role as founder and managing partner of a resource advisory firm, where he has amassed over 25 years of expertise in Canadian and U.S. capital markets. His career has seen him hold senior capital markets and leadership positions at firms such as Ventum Financial and Canaccord Genuity, where he was instrumental in raising over $5 billion in financing for resource companies. Akit is also a Professional Engineer, registered with APEGA.
Frederick Kozak's Decades of Resource Industry Involvement

Frederick Kozak brings more than 40 years of experience in the resource and capital markets sector to the board. His career includes a significant tenure as an oil and gas research analyst with Canaccord Genuity, where he was recognised as an award-winning financial analyst. Kozak's expertise is particularly focused on the African and South American regions. He is also a Professional Engineer with Lifetime status in Alberta, underscoring his deep technical understanding of the industry.
Complementary Expertise for Strategic Priorities

The appointment of both Akit and Kozak is intended to provide complementary technical and capital markets seniority crucial for First Energy Africa's complex business operations. President Jeff Ruskowsky highlighted confidence in their contributions to shaping the company's strategic priorities. Their combined experience is seen as vital for navigating the challenges and opportunities within the energy sector.
Commitment to Governance and Value Unlocking

First Energy Africa Oil Corp. continues its commitment to maintaining high standards of governance and sustainability. The addition of Akit and Kozak to the board is part of the corporation's ongoing efforts to responsibly unlock value across its resource portfolio. The company is actively pursuing exploration and block acquisitions in sub-Saharan Africa.

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What specific resource industry experience do Akit and Kozak bring?

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