Marksmen Energy Inc. announced that it held its annual and special meeting of shareholders December 19, 2020, at which Dr. Peter Geib, a director of the Corporation, did not stand for re-election. Subject to the approval of the TSX Venture Exchange, Martin (Marty) Shumway has been elected to the board of directors and has also been appointed as the Vice President, Operations of the Corporation. Mr. Shumway has previously worked closely with Marksmen as Vice President of Operations of the Corporation's subsidiary, Marksmen Energy USA Inc., and the board of directors looks forward to working with him on the board of Marksmen.