Canadian Nexus Team Ventures Corp. announced the appointment of Scott Young as Chief Executive Officer and Director, of the Company, effective immediately. Mr. Young replaces Arni Johannson as CEO and Director.

With the appointment of Mr. Young to the management team and the Board of Directors, Mr. Young will undertake to streamline the Company while seeking new opportunities as a focused investment issuer. Mr. Young was an investment advisor holding both his Canadian and U.S. securities licenses up until 2000. He has worked as a corporate governance and communications consultant since 2000 in the technology, mining, and pharmaceutical industries, with clients trading on both Canadian and American stock exchanges.

He was the Managing Director of Sonoma Resources Inc., which completed a reverse takeover of Element Lifestyle Retirement Inc. in December 2015. Over the last eight years, he has been providing consulting services and has held directorships with issuers listed on the TSX Venture Exchange and Canadian Securities Exchange most recently with Interra Copper Corp. and Teako Minerals Corp.