Mondial Ventures, Inc. announced that in connection with the Acquisition, the company have appointed, Mr. Dennis R Alexander, as director of the company, joining existing director, Jeff Sirianni. Mr. Dennis R. Alexander became Chairman and Chief Executive Officer. Concurrently, Mr. Sirianni appointed Ms. Joanne M. Sylvanus as a director and Mr. Sirianni tendered his resignation as director, the appointment and the resignation to be effective on the 10th day following the mailing of 14F-1 to shareholders.

At the time of the Acquisition, Ms. Joanne M. Sylvanus was also appointed Chief Financial Officer of the company. The Designees, Mr. Dennis R. Alexander and Ms. Joanne M. Sylvanus were designated by EGPI Firecreek, Inc. in connection with the Share Purchase Agreement.