Imara Energy Corp. Appoints Samuel Jonah KBE, OSG as Chairman of Board

VANCOUVER and LONDON, November 6, 2012 /PRNewswire/ --

Imara Energy Corp. ("Imara" or "the Company") is pleased to announce the appointment of Mr. Samuel Jonah KBE, OSG as Chairman of the Board of Directors of the Company effective November 1, 2012.

Mr. Jonah is currently Executive Chairman of Jonah Capital (Pty) Limited, an investment holding company in South Africa and serves on the boards of various public and private companies, including Vodaphone Plc. He previously led Ashanti Goldfields Company Limited, becoming Chief Executive Officer in 1986, and was formerly Executive President of AngloGold Ashanti Limited, a director of Lonmin Plc and a member of the Advisory Council of the President of the African Development Bank.

"I am delighted to be joining the Imara Energy board as Chairman and I look forward to assisting the Company and working with the board and management as they advance their various African initiatives", commented Mr. Sam Jonah.

He is an adviser to the Presidents of Nigeria, Ghana, Zambia and Togo and previously served as advisor to the Presidents and governments of South Africa. Sam has been recognized for his achievements and received an honorary knighthood in 2003, conferred on him by Her Majesty, in recognition of his exceptional achievements in business. This was followed in 2006 by being awarded Ghana's highest national award, the Companion of the Order of the Star of Ghana.

"Sam Jonah will be an enormous asset as Imara's chairman and we look forward to the benefit of his considerable experience and deep understanding of African business as well as his proven expertise in all aspects of corporate development including exploration, asset acquisition and capital markets support," said Chris Wright, President and CEO of Imara.

About Imara Energy Corp.

Imara Energy Corp. is a Canadian-based company identifying, exploring and developing upstream oil and gas opportunities. Imara is focused on building a diversified energy and production asset portfolio within the extensive and growing oil and gas regions of Africa. Additional information is available on the Company website at http://www.imaraenergy.com.

SOURCE: Imara Energy Corp.

For further information:

Mr. Chris Wright, President and CEO
Imara Energy Corp.
+1 (604) 689-8336
cwright@imaraenergy.com


SOURCE Imara Energy Corp.




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