Windfire Capital Corp. announced that it has revised the terms of the letter of intent, dated July 21, 2015, with DMiner Asset Management Inc., such that Windfire will now acquire 91.5% of the issued and outstanding shares of Riviera Mina Ltd. Duane Parnham will be appointed as Executive Chairman of Windfire upon closing of the Acquisition. Mr. Parnham has extensive experience working in Africa, more particularly over 18 years in Namibia, where he has successfully developed exploration companies from the start-up stage to fully-permitted projects with considerable resources and reserves.

His experience includes working internationally with governments and landowners to identify high-impact and underdeveloped projects, and providing the capital and managerial resources necessary to create shareholder value. Mr. Parnham was the founder and Chairman of UNX Energy, a Namibian junior oil and gas company that previously owned, funded, explored and monetized these Namibian blocks.