VANCOUVER, BC / ACCESS Newswire / July 14, 2026 / Hillcrest Energy Technologies Ltd. ("Hillcrest" or the "Company") (CSE:HEAT)(OTCQB:HLRTF)(FRA:7HI) today announced changes to its Board of Directors (the "Board") and advisory team, following the conclusion of the Company's Annual General Meeting held on July 13, 2026 (the "AGM"). Michael Moskowitz has been appointed Chair of the Board. David Farrell, who chaired the Board through Hillcrest's formative years, is transitioning into a strategic advisory role. The Company has also appointed Raylene Whitford as a new Independent Director and Chair of the Audit Committee, and Matthew T. Peigan as a new Advisor.
The changes were approved by the Board following the AGM. They reflect a deliberate step forward in Hillcrest's governance as the Company enters its next stage of growth, and a deepening of its relationship with CleanPath Distribution Inc. ("CleanPath"), the Indigenous-majority entity formed with Pasqua First Nation and Apeiron Resources Ltd. Ms. Whitford adds financial oversight and capital markets discipline appropriate for a growing public company. Mr. Peigan's appointment formalizes his strategic relationship with CleanPath's leadership. Both bring direct experience in Indigenous governance, capital allocation, and economic development, strengthening Hillcrest's ability to advance its Indigenous partnership strategy.
"David has been instrumental in building Hillcrest's business and governance foundation. I am appreciative that Hillcrest will continue to benefit from David's experience and guidance in his next role as an advisor," said Don Currie, CEO and Director of Hillcrest. "Michael's extensive history of creating growth through commercialization, and his mentorship of senior management, will add value and continued stability to the Chair role. Raylene brings the capital markets and governance rigor a growing public company needs; Matthew Todd has been central to CleanPath since day one, and his appointment as an Advisor formalizes a relationship that's already delivering results."
"I am honored to serve as Chair of Hillcrest's Board at this important stage of the Company's growth," said Michael Moskowitz. "I would like to thank David Farrell for his leadership and contributions in helping build a strong foundation for Hillcrest. I am pleased that we will continue to benefit from his experience as an advisor, and I look forward to working with the Board, management, and our partners to advance commercialization and create long-term value."