High Arctic Energy Services Inc. announced that Mr. Lonn Bate has been appointed Interim Chief Financial Officer, effective August 17, 2023. Mr. Bate initially joined the Corporation in March 2023 in a consulting capacity. Mr. Bate is a Chartered Professional Accountant, CA with over 25 years of broad financial leadership including substantial periods in senior executive roles of public and private junior energy and energy services companies.

Mr. Bates experience extends to international as well as the Canadian energy sector. He brings extensive knowledge in financial stewardship, strategic planning and analysis, equity and debt financing, company reorganizations, mergers and acquisitions, and consolidating global finance teams. As announced on May 23, 2023 Mr. Lance Mierendorf, High Arctics Chief Financial Officer for the past two years, tendered his resignation with effect August 17.