Carcetti Capital Corp. announces the appointment of Glenn Kumoi as Chief Executive Officer. The appointments are effective immediately and reflect the continuation of Carcetti's search for a new business opportunity.

Mr. Kumoi is an executive leader who has extensive experience in the areas of financing, project development, mergers and acquisitions, corporate governance and legal compliance as an officer of other public companies such as Ballard Power Systems and Gold Standard Ventures Corp. The Company also announces the resignation of Patrick McGrath as Chief Executive Officer.