Volt Carbon Technologies Inc. announced the appointment of Carmelo Marrelli as Chief Financial Officer of the Company effective March 1st 2023, subject to approval by the TSX Venture Exchange (“TSX-V”). Mr. Marrelli brings more than 20 years of financial reporting experience and brings significant experience and support to the Company. Mr. Marrelli is a Chartered Professional Accountant (CPA, CA, CGA), and a member of the Institute of Chartered Secretaries and Administrators, a professional body that certifies corporate secretaries.

He received a Bachelor of Commerce degree from the University of Toronto. Mr. Marrelli is the principal of the Marrelli Group, an organization which has provided accounting, corporate secretarial and regulatory compliance services to listed companies on various exchanges for over twenty years. Mr. Marrelli acts as the Chief Financial Officer to several other issuers listed on the TSX, TSX-V and CSE, as well as non-listed companies, and serves as a director of certain issuers.

The company wishes to thank Dr. David Madill for his role as Interim CFO.