Montfort Capital Corp. announced plans to move its head office to Ontario to align with its growing business units, operations and senior management. As part of this strategic decision, Michael Walkinshaw, will be stepping down from his role as CEO while retaining his role as a member of the Board of Directors.

Andrew Abouchar, the Company's CFO, has been appointed Interim CEO while the Board meets to approve and engage with an executive search firm to find a permanent CEO for Montfort in the coming months. Mr. Walkinshaw will assist with the transition and the Timia Capital team, led by Monique Morden, will continue to be based in Vancouver.