Elm Tree Minerals Inc. announced that Peter R. Hughes and Richard Lee have each agreed to join the Board of Directors of the company and to become part of the management team. In addition to becoming directors, Peter R. Hughes has been appointed President and Chief Executive Officer of the company and Richard Lee has been appointed Chief Financial Officer. Mr. Hughes is a Director of Kelso Technologies Inc., a Director of Race Capital Corp.

and a Director of Pan American Fertilizer Corporation (CNSX). Mr. Lee has a wealth of financial and accounting experience working with and for public companies which trade in Canada on the TSX-Venture Exchange including CFO at Happy Creek Minerals Ltd., CFO of Kelso Technologies Inc., as well companies registered with the SEC in the United States. The company announced that after over five years of service to the company, Michael Waggett has resigned as President, Chief Executive Officer and a director of the company.

The company also announced that Barry Brown, the founder of the company in 2006, has resigned as a director of the company.