i3 Energy plc announced the resignation of Graham Heath as Chief Financial Officer and Executive Director and the intention of appointing Ryan Heath to the Board of Directors following completion of relevant AIM Rules requirements. Graham is leaving full time employment immediately to focus on personal health issues such that he can pursue other interests. Ryan Heath was appointed President of i3 Canada, following i3's December 2020 acquisition of Toscana Energy Income Corporation, where he served as the Chief Executive Officer since 2019.

Prior to Toscana, Ryan was VP Land & Negotiations at Paredes Energy Corporation, and throughout his 23-year career in the Western Canadian Sedimentary Basin has been instrumental in the growth and development of several public and private E&P companies, including Striker Exploration Corp., Hyperion Exploration Corp., and Severo Energy Corp. Ryan graduated from the University of Calgary with a Bachelor of Commerce degree, specialising in Petroleum Land Management. The Company has commenced a search for a replacement CFO and will make further announcements on the appointment and the appointment of Ryan Heath in due course.