Dealnet Capital Corp. announced that it has appointed Mr. Michael Koshan to the position of Chief Financial Officer and Treasurer of the Company. In accordance with good corporate governance practices, Mr. Koshan will resign from the Board of Directors immediately.

Mr. Koshan has served as Treasurer of the Company since 2016, before being appointed Interim Chief Financial Officer in November of last year. Mr. Koshan was appointed to the Board of Directors of the Company in May 2018.