Centaurus Energy Inc. announced that, effective April 8, 2020, Ralph Gillcrist, Barry Larson, Nossonol (Nate) Kleinfeldt, Gus Halas and James K. Wilson have resigned from the board of directors of the Company (the "Board"), for the purpose of reducing costs, and reflecting the Company's renewed focus on streamlining operational efficiencies. The Company also announces that effective April 8, 2020, Steven Balsam has been appointed to the Board. Steven is Vice President and Chief Compliance Officer at Ber Tov Capital Corporation. Before joining Ber Tov, Steven served as a portfolio manager at Manitou Investment Management where he co-managed Manitou's North American equities portfolio. Prior thereto, Steven worked as an attorney in New York for four years, specializing in taxation and litigation.