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    Dakota Plains appoints DeRosa to board of directors

    Dakota Plains Holdings Inc.

    Dakota Plains Holdings Inc. (NYSE MKT:DAKP) has expanded its board of directors from six to seven directors, and William DeRosa, of Lone Star Value Management LLC, has been appointed to the board to fill the newly created vacancy, effective immediately. Lone Star Value beneficially owns 3.5 million shares of Dakota Plains common stock, equating to 6.4% of all shares outstanding.

    DeRosa has served as director of research at Lone Star Value Management LLC since April. Prior to joining Lone Star Value, he was a senior analyst on the Special Situations Equity team at Magnetar Capital. Prior to this, DeRosa was an equity industrials analyst at Tudor Investment Management, and he also previously covered Autos, Transportation, and Machinery at Soros Fund Management LLC. He received a bachelor’s degree from Hamilton College, and a Master of Business Administration degree from Cornell University’s S.C. Johnson School of Management.

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