Colombia Energy Resources, Inc. announced that on September 14, 2012, the company received Barry Markowitz's resignation from the board of directors effective immediately. Mr. Markowitz served as chairman of the board of director and a member of the Compensation Committee, Audit Committee, and Nominating and Governance Committee. No replacement director was appointed to replace Mr. Markowitz on the board of directors and no chairman has been appointed to replace Mr. Markowitz.

On September 17, 2012, the company received Andrew Rosenfeld's resignation from the board of directors effective immediately. No replacement director was appointed to replace Mr. Rosenfeld on the board of directors.