8-K 1 v082971_8k.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities and Exchange Act of 1934


Date of Report (Date of earliest reported): August 1, 2007

TRIANGLE PETROLEUM CORPORATION
(Exact name of registrant as specified in charter)

Nevada
000-51321
98-0430762
(State or other jurisdiction
(Commission
(IRS Employer
of incorporation)
File Number)
Identification No.)

 
Suite 1250, 521-3rd Avenue SW Calgary, Alberta, Canada
T2P 3T3
(Address of principal executive offices)
(Zip Code)
 
Registrant’s telephone number, including area code: (403) 262-4471

Copies to:
Gregory Sichenzia, Esq.
Thomas A. Rose, Esq.
Sichenzia Ross Friedman Ference LLP
61 Broadway
New York, New York 10006
Phone: (212) 930-9700
Fax: (212) 930-9725

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Resignation of Aly Musani as Chief Financial Officer

On August 1, 2007, Aly Musani resigned, effective immediately, as Chief Financial Officer of Triangle Petroleum Corporation (the “Company”) to pursue other opportunities. Mr. Musani will continue to assist the Company in a non-executive capacity during the search for and transition to a new CFO.

Resignation of John Carlson as Director

On August 2, 2007, John Carlson resigned, effective immediately, as a Director of the Company to focus his time and efforts as CEO of another public company.

Appointment of David Bradshaw as Director

Effective August 2, 2007, David Bradshaw was appointed as a Director of the Company. Mr. Bradshaw is currently the owner of Waterton Resources, LLC, an oil and gas exploration investment company. Between April and October 2006, Mr. Bradshaw was a Director of Trident Resources Corp. Between January 1990 and October 2005, Mr. Bradshaw held several positions at Tipperary Corporation, a publicly listed company, including Director (January 1990 - October 2006), Chief Financial Officer (1990 - 1996), Chief Operating Officer (1993-1996) and Chief Executive Officer (1996 - October 2006). Mr. Bradshaw has also worked for Price Waterhouse & Co. and Arthur Andersen & Co. Mr. Bradshaw has been a certified public accountant since 1978. Mr. Bradshaw received his Bachelors Degree in Accounting in 1976 and his Masters of Business Administration in 1977, both from Texas A&M University.

Mr. Bradshaw does not have family relationships with any director, executive officer, or other person nominated or chosen by the Company to become directors or officers. In addition, Mr. Bradshaw does not have a direct or indirect material interest in any transaction or proposed transaction in the past two (2) years to which the Company was or is to be a party.

Appointment of Randal Matkaluk as Director

Effective August 2, 2007, Randal Matkaluk was appointed as a Director of the Company. Since March 2006, Mr. Matkaluk has been an independent businessman. Between January 2003 and February 2006, Mr. Matkaluk was the co-founder and Chief Financial Officer of Relentless Energy Corporation, an oil and gas exploration company. Between June 2001 and December 2002, Mr. Matkaluk was the Chief Financial Officer of Antrim Energy Inc., a Toronto Stock Exchange listed company. Mr. Matkaluk has also worked for Gopher Oil and Gas Company and Cube Energy Corp. Mr. Matkaluk has been a chartered accountant since 1983. Mr. Matkaluk received his Bachelors Degree in Commerce in 1980 from the University of Calgary.

Mr. Matkaluk does not have family relationships with any director, executive officer, or other person nominated or chosen by the Company to become directors or officers. In addition, Mr. Matkaluk does not have a direct or indirect material interest in any transaction or proposed transaction in the past two (2) years to which the Company was or is to be a party.
 
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Item 9.01 Financial Statements and Exhibits.

(c) Exhibits.

Exhibit
Number
 
 
Description
99.1
 
Letter of Resignation from Aly Musani
99.2
 
Letter of Resignation from John Carlson
99.3
 
Press Release, issued August 3, 2007
 
 
 
 
 

 
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SIGNATURES

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
     
  TRIANGLE PETROLEUM CORPORATION
 
 
 
 
 
 
Dated: August 3, 2007 By:   /s/ MARK GUSTAFSON
 
Name: Mark Gustafson
 
Title: Chief Executive Officer

 
 
 
 
 
 
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