Columbus Energy Limited announced that Robert Laslett has resigned as Director and Chairman effective May 29, 2014. Mr. Laslett has served on the Board of Directors since October 2012. Douglas Scheving has resigned as Director, Chief Financial Officer, and Corporate Secretary effective May 31, 2014. Mr. Scheving has been a Director since October 1996. Jack BesMargian has been appointed as Chief Financial Officer and Corporate Secretary.

The company has closed its European office, allowed the Investor Relations contract with Grenfell Consultants to expire, and cut the fees paid to officers by 50%.