Nurcapital Announces Appointment of New Chief Financial Officer

Toronto, Ontario--(Newsfile Corp. - September 23, 2019) - Nurcapital Corporation Ltd. (TSXV: NCL.H) (the "Company"), a capital pool company, is pleased to announce that, effective immediately, Salim Ansari has resigned as Chief Financial Officer of the Company and he has been replaced by Kyle Appleby, subject to receipt of all necessary regulatory approvals, including the TSX Venture Exchange (the "Exchange"). The Company wishes to thank Mr. Ansari for his valuable contributions over the years as Chief Financial Officer.

Mr. Appleby is a Chartered Professional Accountant with extensive finance, accounting, audit and compliance experience in diverse industries including Technology, Telecom, Bitcoin Mining, Junior Mining, Investment Funds, Food, and others. Mr. Appleby has proven the ability to improve operations, impact growth, maximize profits and meet tight deadlines. He has experience in management, working with board of directors, banks, lawyers, auditors and Regulatory bodies and have worked with over 20 public companies across a variety of exchanges including TSX-V, CSE, AIM and OTC.

For more information please contact:

Salim Ansari
CEO & Director
Nurcapital Corporation Ltd.
Telephone: 416-754-4135
Email: info@nurcapital.ca
www.nurcapital.ca

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN.

Cautionary Statement: Neither the Exchange nor its Market Regulator accepts responsibility for the adequacy or accuracy of this release.

Forward Looking Information: This News Release may contain forward-looking statements including, but not limited to, comments regarding the timing and content of upcoming work programs, geological interpretations, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statement. Accordingly, readers should not undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/48028

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