ThreeD Capital Inc. announced that Lynn Chapman, CPA, CA, the Company's Chief Financial Officer, is stepping down from his position with the company. Mr. Chapman was appointed to the role of CFO in February 2021 through a service agreement between the Company and Lancaster Capital Advisory Corp. (Lancaster), a privately held corporation, of which Mr. Chapman is a director.

Lancaster will continue its service agreement with the Company to provide accounting and corporate secretarial services. Pursuant to the services agreement with Lancaster, ThreeD has appointed Matthew Davis, CPA, as Chief Financial Officer of the Company to replace Mr. Chapman's. Prior to his appointment as CFO, Mr. Davis was the Controller of the Company. Mr. Davis is a Chartered Professional Accountant of Canada (Alberta) with extensive experience in international business, corporate finance, accounting, and financial reporting.

He graduated with honours from the University of Calgary with a Bachelor of Commerce in Accounting. Mr. Davis started his career with PricewaterhouseCoopers in Calgary, Canada where he worked as an auditor of both public and private companies. He currently serves as a director at Lancaster.