Toucan Interactive Corp. announced that effective upon the closing of the transactions contemplated by the Purchase Agreement, Mikhail Bukschpan, resigned as the company's sole executive officer and director. On April 22, 2016 and prior to his resignation, Mikhail Bukschpan, in his capacity as the sole director, elected Kin Hui, Gang Ding, Frank Lin and William Chu as directors of the company to fill the vacancies created by the foregoing resignation, with Mr. Hui and Mr. Ding being appointed as the Co-Chairmen of the Board of Directors.

Also on April 22, 2016, in his capacity as sole director, Mikhail Bukschpan appointed Gang Ding as the company's Chief Executive Officer, Kin Hui as the President, William Chu as the Chief Financial Officer and Frank Lin as the Secretary. Mr. Hui is the owner and manager of a group of companies commonly known as the Singpoli Group, an association of independent companies that specialize in real estate investment and development. Mr. Hui is a managing member of BDK.

Mr. Ding is a founder and executive officer of a number of companies in Asia, Europe, Australia and North America including Shanghai Bading Property Development Co. Ltd., Macao First Global International Co., Hong Kong Global International Co., Bading (Hong Kong) Company, Global International (Australia) Co., Australia First International Investment Co., Australia First International Resources Co., Canada First Source International Co., First Global International Investment Group Inc., First Global International Trading Group Inc., Europe & Australia Investment Group and BDK Capital, LLC. Mr. Ding is a managing member of BDK.

Mr. Chu has served as the Chief Financial Officer of Singpoli Capital Corporation since 2009. Mr. Chu's financial knowledge and banking experience provide him with the qualifications and skills to serve as a director of the company. Mr. Lin has served as the Vice President and Public Relations Director of Shanghai Bading Property Development Co.

Ltd. since August 2002.