Criterium Energy Ltd. announced the closing of its previously announced non-brokered private placement, the appointment of a new management team, the reconstitution of the board of directors of the company. The New Management Team, which was appointed concurrently with the completion of the Private Placement, includes Robin Auld as President and Chief Executive Officer, Matthew Klukas as Chief Operating Officer, Henry Groen as Chief Financial Officer, and Hendra Jaya as Director, Indonesia. Following the reconstitution of the Board, the Board now consists of two new directors, Robin Auld and Brian Anderson, and one continuing director, Michèle Stanners.