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Vertex Energy Services Ltd. — Board/Management Information 2021
Oct 2, 2021
44758_rns_2021-10-01_1e76960c-c412-4968-a0c2-f86775c65c43.pdf
Board/Management Information
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FORM 51-102F3 MATERIAL CHANGE REPORT
1. Name and Address of the Corporation
Cordy Oilfield Services Inc. (“ Cordy ” or the “ Corporation ”) 5366 - 55[th] Street SE, Calgary, Alberta, T2C 3G9.
2.
Date of Material Change
October 2, 2021
3. News Release
A news release was disseminated on October 1, 2021 via Globe Newswire.
4.
Summary of Material Change
Cordy announced that Mark Hopper will join Cordy as its Chief Financial Officer effective October 2, 2021.
5. Full Description of Material Change
5.1 Full Description of Material Change
Mark Hopper will join Cordy as its Chief Financial Officer effective October 2, 2021.
Mr. Hopper is a Chartered Professional Accountant with considerable expertise in financial management of various energy companies. Prior to joining Cordy Mr. Hopper served as the VP Finance and Chief Financial Officer of a private energy company who provides water management systems in both Canada and the United States.
“We are pleased to have Mr. Hopper join Cordy as its new CFO” stated Cordy’s Chief Executive Officer, Darrick Evong. “We believe his extensive accounting and business experience bolster’s Cordy’s management team and we look forward to his insight and expertise as the company moves forward.”
5.2 Disclosure for Restructuring Transactions
Not Applicable.
6. Reliance on Section 7.1(2) of National Instrument 51-102
Not Applicable.
7. Omitted Information
Not Applicable.
8. Executive Officer
The name and business number of the executive officer of the Corporation who is knowledgeable about the material change and this report is:
Darrick Evong, Chief Executive Officer Tel: (403) 262-7667 Email: [email protected]
CAN: 38295937.1
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9. Date of Report
October 1, 2021.
CAN: 38295937.1