Montego Resources Inc. announced that it has appointed Kenneth Tollstam as CEO and director of Montego. Mr. Tollstam will be replacing Robert Coltura as the CEO of the company who has resigned from the board to pursue other opportunities. Mr. Tollstam has spent a number of years at Deloitte Touche, where he obtained his CA before going on to hold various executive management and director of finance positions throughout his career.

Currently Mr. Tollstam serves as director of several private and publicly traded companies.