Oil Optimization Inc.

Oil Optimization Inc.

August 12, 2013 08:00 ET

Oil Optimization Announces Director Resignations

CALGARY, ALBERTA--(Marketwired - Aug. 12, 2013) - Oil Optimization Inc. (the "Company") (TSX VENTURE:OOI) today announced that Messrs. Philip Moore and Paul Jones have resigned as directors of the Corporation. The Company would like to thank them for their services and contribution to the Company.

About Oil Optimization

Oil Optimization Inc. is a Canadian listed international junior oil and gas exploration company with operations located onshore Thailand. The Company is focused on discovering significant new reserves, as well as seeking accretive acquisitions in the region. Visit www.oilop.com for more information.

Forward‐Looking Statements

This news release may contain forward‐looking statements and forward‐looking information within the meaning of applicable securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward‐looking information or statements. More particularly and without limitation, this news release contains forward‐looking statements and information concerning the expected activities of Oil Optimization. The forward‐looking statements and information are based on certain key expectations and assumptions made by Oil Optimization. Although Oil Optimization believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because Oil Optimization can give no assurance that they will prove to be correct. By its nature, such forward‐looking information is subject to various risks and uncertainties, which could cause the actual results and expectations to differ materially from the anticipated results or expectations expressed. Readers are cautioned not to place undue reliance on this forward‐looking information, which is given as of the date hereof, and to not use such forward‐looking information for anything other than its intended purpose. Oil Optimization undertakes no obligation to update publicly or revise any forward‐looking information, whether as a result of new information, future events or otherwise, except as required by law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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