June 26 (Reuters) - Cruzsur Energy Corp CZR.V :
* CRUZSUR ENERGY ANNOUNCES OFFICER APPOINTMENT AND SHARES
FOR DEBT
* APPOINTS MARIANELLA BERNAL PARADA AS CHIEF FINANCIAL
OFFICER OF
COMPANY
* APPOINTMENT OF MARIANELLA BERNAL PARADA FOLLOWS
RESIGNATION OF
CHRIS REID AS CHIEF FINANCIAL OFFICER
* COMPANY HAS ALSO TERMINATED ROYALTY AGREEMENT BETWEEN
DEXTON
INTERNATIONAL LTD. AND PATAGONIA OIL CORP
* COMPANY INTENDS TO ISSUE AN AGGREGATE OF 814,814 COMMON
SHARES
AT A PRICE OF $0.27 PER SHARE AS PARTIAL SEVERANCE SETTLEMENTS
* PARTIAL SEVERANCE SETTLEMENTS IS IN CONJUNCTION WITH
SEVERANCE
PAYMENT SETTLEMENTS WITH REID AND ANOTHER EMPLOYEE
Source text for Eikon: ID:nCNWrGrtja
Further company coverage: CZR.V
((Reuters Messaging: Reuters.Briefs@thomsonreuters.com))