Syntholene Energy Appoints HY Lee to Advisory Board and Grant Tanaka as Corporate Secretary
TSXV: ESAF | OTCQB: SYNTF | FSE: 3DD0
Overview
Syntholene Energy Corp announced that HY Lee has been appointed to the company's Advisory Board. According to the press release, Mr. Lee is a senior infrastructure and energy executive with extensive experience in large-scale industrial project delivery, strategic partnerships, and complex energy infrastructure execution. The company also appointed Grant Tanaka, its Chief Financial Officer, as interim Corporate Secretary effective May 8, 2026.
Key Highlights
- HY Lee appointed to Advisory Board, bringing experience from the $24.4 billion Barakah Nuclear Energy Plant project
- Lee served as Lead Executive and Contract Manager on Barakah project at Korea Electric Power Corporation (KEPCO)
- Grant Tanaka appointed as interim Corporate Secretary, having served as CFO since May 2021
- Former Corporate Secretary Jen Hanson resigned to pursue other business interests
- Additional details released regarding Robert Rapier's independent technical assessment
Strategic Context
According to the company, Mr. Lee has developed deep relationships within the engineering, energy, and sovereign investment ecosystems, including strategic engagement with organizations connected to Hyundai Engineering & Construction and Asian and Middle Eastern Sovereign Wealth Funds. During his role at KEPCO, Lee oversaw construction of reactor units from 2010 onward on the Barakah project, which consists of four APR-1400 nuclear reactors representing approximately 5.6 gigawatts of generating capacity.
CEO Dan Sutton stated that Lee "brings firsthand experience from one of the most operationally disciplined large-scale energy infrastructure programs constructed this century" and that his background "strengthens Syntholene's capabilities as the Company advances its geothermal-integrated synthetic fuel infrastructure strategy."
Rapier Report Details
- Independent technical assessment conducted by chemical engineer Robert Rapier
- Assessment took place over three months involving technical analysis and market assessment
- Company paid fixed fee of US$6,000 (not success or contingency based)
- Mr. Rapier acts at arm's length to the company
About Syntholene Energy Corp
According to the press release, Syntholene is actively commercializing its novel Hybrid Thermal Production System for low-cost clean fuel synthesis. The target output is ultrapure synthetic jet fuel, which the company seeks to manufacture at 70% lower cost than the nearest competing technology. The company has begun construction of the world's first geothermally-integrated high temperature electrolysis demonstration facility in Husavik, Iceland.
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