Capstream Appoints Paul Larkin to the Board

April 16, 2015 3:28 PM EDT | Source: Axion Ventures Inc.

Vancouver, British Columbia--(Newsfile Corp. - April 16, 2015) - Capstream Ventures Inc. (TSXV: CSP.H) ("Capstream" or the "Company") announces today that Mr. Paul Larkin has joined the Company in the role of Director, President and Chief Executive Officer, effective immediately. Mr. Robert Thast has stepped down from these roles but will remain as a director. The Board has accepted the resignation of Mr. Andy Bowering, as a Director and wishes to thank him for efforts on behalf of the Company. Subject to TSX Venture Exchange approval, one million escrow shares will be transferred to Mr. Larkin.

Since 1983, Mr. Larkin has also been the President of the New Dawn Group, an investment and financial consulting firm located in Vancouver, British Columbia, and a Director and/or Officer of various TSX, NYSE, and TSX Venture Exchange listed companies. New Dawn is primarily involved in corporate finance, merchant banking and administrative management of public companies. He is currently founder, Director and Chairman of the Audit Committee of US. Geothermal Inc., a leading renewable energy company that is operating and developing geothermal power projects in Oregon, Nevada, Idaho and Guatemala.

ON BEHALF OF THE BOARD

CAPSTREAM VENTURES INC.

"Robert Thast"

Robert Thast, Director

For further information contact:

Paul Larkin CEO,
(604) 687-7767

Robert Thast
604-542-9458

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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