Molopo Announces Appointment of New North American Director

Molopo Announces Appointment of New North American Director 
CALGARY, ALBERTA -- (Marketwire) -- 03/18/13 -- Molopo Energy Limited
(ASX:MPO) is pleased to announce that effective immediately, Mr.
Jeffrey E. Schwarz has been appointed as an independent,
non-Executive Director. 
Mr. Schwarz is a Senior Advisor to Metropolitan Capital Advisors,
Inc. ("MCA"), a New York-based investment management firm, which he
co-founded in 1992. He has more than thirty years of experience in
funds management employing value and event investing strategies. From
its inception until 2012, Mr. Schwarz served as Chief Investment
Officer of MCA, during which time he directed the commitment of
significant capital to the energy sector. He holds degrees from the
University of Pennsylvania's Wharton School (summa cum laude graduate
with a B.S. in Economics; and an MBA with a concentration in
In making the announcement, Molopo Chairman Greg Lewin commented, "We
are very pleased to welcome Jeffrey to the Board of Directors of
Molopo. He brings direct knowledge of private and public financing
markets as well as valuable insights into the North American energy
industry. We are looking forward to Jeffrey's contributions as we
continue to explore alternatives to unlock Molopo's value for
This press release contains certain forward-looking statements. These
statements relate to future events or future performance of the
Company. When used in this press release, the words "may", "would",
"could", "will", "intend", "plan", "anticipate", "believe",
"estimate", "predict", "seek", "propose", "expect", "potential",
"continue", and similar expressions, are intended to identify
forward-looking statements. These statements involve known and
unknown risks, uncertainties, and other factors that may cause actual
results or events to differ materially from those anticipated in such
forward-looking statements. Such statements reflect the Company's
current views with respect to certain events, and are subject to a
number of risks, uncertainties and assumptions. Many factors could
cause Molopo's actual results, performance, or achievements to
materially differ from those described in this press release. Should
one or more of these risks or uncertainties materialize, or should
assumptions underlying forward-looking statements prove incorrect,
actual results may vary materially from those described in other
public disclosures made by the Company or this press release as
intended, planned, anticipated, believed, estimated, or expected.
Furthermore, statements relating to "reserves" or "resources" are
deemed to be forward-looking statements, as they involve the implied
assessment, based on certain estimates and assumptions that the
resources and reserves described can be produced profitably in the
future. The forward-looking statements contained in this press
release are expressly qualified in their entirety by this cautionary
declaration. These statements speak only as of the date of this press
release. The Company does not intend and does not assume any
obligation, to update these forward-looking statements to reflect new
information, subsequent events or otherwise, except as required by
Molopo Energy Limited
Greg Lewin
+ 61 3 9618 8722 
Molopo Energy Limited
Steve Cloutier
Molopo Energy Limited
Cindy Gray
VP Capital Markets
+1.403.648.8026 or + 61 3 9618 8722 (Australia local)
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