CALGARY, AB--(Marketwire - Sep 18, 2012) - Fima Inc. (PINKSHEETS: FIMA) is pleased to announce that it has appointed Mr. Keith Alexander Jr. to the position of Director and CEO. Mr. Alexander has over 40 years of experience in the oil and gas industry and is currently the owner of American Eagle Operating LLC and Alexander Oil Properties. Prior to owning and running his own companies Mr. Alexander was Executive Vice President of Donham Oil Tool Company ("DOTCO") located in Dallas, Texas. DOTCO was the largest independent fishing tool company in the US and employed 700 people with sales in excess of 90 million annually. Mr. Alexander has also worked for Basin Tool Company as Vice President of Operations, Knight Fishing Services as Regional Manager, and Graco Fishing and Rental Tool Company as Vice President of Sales.
Fima has entered into discussions respecting the purchase of a drilling rig, ancillary equipment and producing oil leases with American Eagle LLC that may result in a reverse merger. Management will keep shareholders informed of events as they develop.
Mr. Marco Garduno-Chavez, the majority shareholder of Fima, reports that he has terminated the appointment of Mr. Manjit Sahota as a Director and Officer of Fima effective immediately. In addition, the company is no longer in engaged in discussions with Mr. Sahota or any related entities for the purchase of oil or gas assets.
Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," believe," "expect," "future," "may," will," "would," "should," "plan," projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of FIMA Inc. (the Company) to be materially different from those expressed or implied by such forward-looking statements.
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