On January 31st 2021, Richard Tang has completed 5 years and 2 months of the role of President of the Company, and 7 years of being the safety and confined space consultant for mining projects for the Company. He retires from the role of sole officer, and has found a very good replacement. He has interviewed candidates for the role and has with unanimous Board approval, appoints Jeffrey Standen as a director and officer, and newly appointed president of Sino American Oil. There is defined term of the appointment for 1 year, subject to the board decision as per signed contract. Mr. Jeffrey Standen had been interviewed by the Board, and has been given a letter of engagement. Mr. Standen has accepted the role of Business Development Manager on January 18th 2021, and now has been transitioned to the director role of CEO. To provide a brief background of Mr. Standen, he has decades of experience in oil exploration, development, and full production. His success in the field has given him great contacts for mergers and acquisitions for multi-million dollar takeovers.