Street Capital Group Inc. announced that the Company's board of directors has determined that it is in the best interest of the Company to not accept Duncan Hannay's resignation from the Board of Street Capital. Mr. Hannay tendered his resignation as a director of Street Capital on June 20, 2019, in accordance with Street Capital's policy relating to Majority Voting in Director Elections (the "Policy"). Mr. Hannay was not required by the Policy to tender his resignation as President and Chief Executive Officer of the Company and Street Capital Bank of Canada (the "Bank") or his role as a director of the Bank.