Advanced Explorations Inc. announced that Lou Nagy has advised the company that he will be resigning from his position as chief financial officer effective immediately in order to pursue other opportunities. In his place,
Carina Da Mota, the company's controller and director of finance, has assumed the role of acting chief financial officer for the company. Ms. Da Mota is the company's current director of finance and has been with AEI for over 7 years in various capacities.