New Zealand Energy Corporation (NZEC) announced the decision to close its Vancouver office while retaining its Canadian company registration and incorporation.

The company also announced that David Robinson, CEO of the New Zealand Business, will step into the role of CEO of NZEC with immediate effect, assuming responsibility for corporate finance and investor relations activities. John Proust, the former CEO of NZEC, will continue as a nonexecutive director of the Company. The company's senior management team has also resigned as officers of the Company with immediate effect, but will continue to support the Company through to December 31, 2014. NZEC has accepted resignations from Gerrie van der Westhuizen as VP Finance, Rhylin Bailie as VP Corporate Communications and Investor Relations, and Eileen Au as Corporate Secretary.