They're calling it a resignation, but he left behind 400,000 options with an exercise price of 70 cents vesting October 20, 2012. Sound's more like he got turfed.
CGX Announces Resignation of Dewi Jones
(TSX-V | OYL)
TORONTO, Sept. 27, 2012 /CNW/ - CGX Energy Inc. (TSXV: OYL) ("CGX" or the "Company") announces that Mr. Dewi Jones advised the Company of his resignation as Executive Vice President and General Manager effective September 30, 2012. In announcing his resignation, he "Wished CGX and the great country of Guyana much success in the exploration of the hydrocarbon resources of the Guyana Basin."
Kerry Sully, President and CEO stated, "Dewi Jones joined CGX in October 2011. His extensive experience in the Guyana - Suriname Basin plus his relationships in Guyana were very beneficial to CGX during our recent drilling program. We wish him well in his future endeavours."
