Centaurus Energy Inc. announced the appointment of William A. Schubin to its Board of Directors. Mr. Schubin is a private investor with experience in a variety of industries including financial services/insurance, real estate, technology and energy. Earlier in his career he was an investment banker with Bear Stearns and Rothschild and served as a Bank Examiner with the Federal Reserve Bank of New York.

Mr. Schubin replaces Steven (Shlomo) Azarbad, who has resigned as a director of the Corporation. The Corporation thanks Mr. Azarbad for his contributions to the Corporation and wishes him well on his future endeavours.