Europacific Metals Inc. announced the appointment of Mr. Karim Rayani as chief executive officer, effective immediately. Mr. Rayani has been focused for the past 20 years on financing both domestic and international mineral exploration and development. Mr. Rayani is currently Chair and Founder of R7 Capital Ventures Ltd., an investment family office firm with a diverse portfolio covering Natural Resources, Energy, Cleantech, Renewables and Health related ventures all with a focus on Public Venture Capital.

Prior to these postings, he worked independently as a management consultant and financier. Presently he also serves as Chief Executive Officer, and Director of Marvel Discovery, Chief Executive Officer, and Director of Falcon Gold Corp., Chair, Chief Executive Officer, and Director of District 1 Exploration Corp., Chair, Chief Executive and Director of Power One Resources Corp. Mr. Rayani brings an extensive network of contacts throughout North America and Europe, with a focus on Institutional and High-Net worth accounts.

The company further announced that the Company's board acknowledged and accepted the resignation of Mr. Chris Osterman from his position as Chief Executive Officer.