The Board of Directors of DealNet Capital Corp. announced the appointment of Pierre G. Gagnon as Chairman of the company's Board, replacing J. Graham Simmonds, effective September 23, 2014. Mr. Simmonds has served as Executive Chairman of the Board since 2010, and was instrumental in guiding and growing the Company to where it is on Sept.

24, 2014. Mr. Simmonds has chosen to resign from DealNet to focus on his other business endeavours. Mr. Gagnon has served as a Director of the Company since 2012.

Mr. Gagnon has over 25 years of experience in commercial banking and mergers and acquisitions. Mr. Gagnon is President of Chancery Investments, an advisor to the Shotgun Fund and Succession Fund, and a director of Baymount Incorporated, The Mint Corporation, Altitude Resources Inc., Spruce Ridge Resources Ltd., as well as a number of private companies.