On December 31, 2012, Robert Denman resigned from the Board and as an officer of Jasper Explorations Inc. Mr. Denman has been the sole member of the Board and the company's Chief Executive Officer, President, and Secretary since the company's inception on December 18, 2008. Also on December 31, 2012, James P. Foran was appointed to the Board. Mr. Foran was also appointed as the company's President, Chief Executive Officer, and Secretary.

James P. Foran in addition to his service as the Chief Executive Officer and Director of the company, Mr. Foran, age 53, is a director and the Chief Executive Officer for Continental Industrial Services since 1999, a company that specializes in mechanical installation and maintenance of water and waste treatment facilities.