QuestCap Inc. announced the appointment of Doug Sommerville to the role of Chief Executive Officer and as a director for the Company, effective immediately. As a veteran leader in the North American medical, pharmaceutical and technology industries, Mr. Sommerville will bring a wealth of experience to QuestCap and enhance its vision of bringing together industry experts to lead its mission of socially conscious investing. The appointment of Mr. Sommerville follows the resignation of Mr. Neil Said as the Chief Executive Officer of the Company.

Mr. Said will continue to provide legal consulting services to the Company. To make room for Mr. Sommerville on the board, Mr. Stan Bharti resigned as a director of the Company and Mr. Scott Moore has been appointed as the Executive Chairman of the Company. Mr. Moore is a business executive with over 25 years of experience in the resource and durable goods sectors.

He is the former President and CEO of Dacha Strategic Metals and Executive Vice President of Sulliden Mining Capital Inc.