Gunpowder Capital Corp. announced that it has appointed Mr. Ben Gelfand as CEO of the Corporation effectively immediately. Mr. Gelfand replaces Mr. Frank Kordy, who was serving as CEO of the Corporation since March 4, 2015. Mr. Kordy is remaining with the Corporation in his current roles as Secretary and as a Director. Prior to his becoming CEO of Gunpowder, Mr. Gelfand served as the Managing Director of Investment Banking at a Canadian investment firm.