Ray Castelli Resigns from Avcorp

March 20 2017

Avcorp Industries Inc. apprised of the resignation of Ray Castelli from the Board of Directors of the Company.

To fill the vacancy created by the resignation of Mr. Castelli and to fulfill the residency requirements, Ed Merlo, the Company’s Chief Financial Officer, has been appointed to the Board of Directors effective immediately. Mr. Merlo will hold office until the Corporation’s 2017 annual general meeting whereupon the Corporation’s nominating committee will determine nominees for the Board of Directors for the ensuing year.

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