Prime City One Capital Corp. has accepted the resignations of three directors and officers namely, John Lorenzo, R.J. Stapell and Anton Ayoub and appointed three new directors and officers. Following the resignations of the foregoing officers and directors, the individuals have been appointed as directors and officers of the Company: Vishy Karamadam, President, Chief Executive Officer and a director; Gerry Goldberg, director; Stephen Dulmage, director.

Vishy Karamadam serves as Executive Vice-President of Gravitas Financial Inc. Gerry Goldberg is a Chartered Accountant and is a Senior Partner in the accounting firm of Schwartz Levitsky Feldman LLP, in Toronto. For 19 years Stephen Dulmage was CFO and Director of RBC Dominion Securities. He is currently the Audit Committee Chair of Mint Corporation.