02:08 PM EDT, 06/23/2025 (MT Newswires) -- High Arctic Overseas Holdings ( HOHCF ) on Monday appointed Matthew Cocks as chief financial officer, effective June 24.

A statement noted Cocks initially joined the company in October 2023 as vice-president, finance responsible for the Papua New Guinea business "to provide financial leadership and strengthen the finance and accounting processes in preparation of the spin-out from High Arctic Energy Services Inc."

The company stated that he has over 20 years of experience in "broad financial leadership positions" including "substantial periods" in senior and executive roles of private and public companies, including "significant experience" in resources, construction, manufacturing and logistics businesses.

"Matt's 20-plus years of wide-ranging financial management expertise in international markets and in services to the extractive industries will be invaluable to the Corporation as we look to diversify and expand our PNG business," said Chief Executive Officer Mike Maguire. "I would also like to thank Lonn Bate for his guidance and support as Interim CFO since the spin-out and establishment of the Corporation. Lonn can now focus fully on his duties as CFO of High Arctic Energy Services Inc."

The company's shares were last seen down $0.04 to $1.01 on the TSX Venture Exchange.

Price: 1.01, Change: -0.04, Percent Change: -3.81