RIWI Corp. announced that, effective immediately, Daniel Kriznic has resigned as Chief Financial Officer of the company to focus on other business ventures in which he is currently involved. Ms. Annette Cusworth, CPA CA, will assume the position of Interim Chief Financial Officer and has temporarily resigned from the company's Audit Committee.

Mr. Don Shumka, a member of the Audit Committee, will assume Ms. Cusworth's position as Audit Committee Chair.