Birchtree Investments Ltd. announce certain changes to its board of directors and executive management. Birchtree is excited to announce the appointed of Mr. Ivan Riabov and Mr. Vitali Savitski to the board of directors, and the appointment of Mr. Vitali Savitski as Chief Executive Officer effective immediately. Mr. Savitski is an BBA graduate from Schulich School of Business with 15 years of experience in capital markets, equity research and analysis, implementation and design of business development strategies and the development of successful business models for a variety of industries and businesses, including his own ventures.

Mr. Riabov is a seasoned finance and accounting professional who began his career in 2008 and brings over 15 years of progressive work experience in public accounting, audit, investment management, portfolio management, operations, product structuring and debt financing. Ivan obtained his BBA degree from Schulich School of Business (York University) and holds the Chartered Professional Accountant and Chartered Accountant designations. Mr. Solomon Elimimian, one of the founders of the Company, has stepped down from the board of directors to continue to focus on his many other professional commitments.

The Company also wishes to announce the resignation of Mr. Jay Vieira from the board of directors and as an officer of the Company. Mr. Vieira was a founder of the Company and contributed to the successful listing on the CSE.