Wadena Corp. announced that Mr. Robert Sawatsky resigned as President, CEO and CFO and as a Director of the Company. Also, on August 16, 2017, Ms. Pauline Sumel resigned as Secretary of the Company.

The Board accepted both Mr. Sawatsky's and Ms. Sumel's resignations and thanked them for their long and extraordinary service on behalf of the Company. The Board of Directors appointed J. Jacob Isaacs as a Director of the Company and as its President, CEO, CFO and Secretary. Mr. Isaacs served as the Chief Executive Officer, President, Chief Financial Officer and Secretary/Treasurer and a director since of Cumberland Hills Ltd., since its inception in January 2010 until its subsequent merger in 2013.

From 2013 until the present Mr. Isaacs has operated his own private consulting firm advising small companies on how to effectively go public. He is also active in restructuring corporations and arranging debt consolidations. His knowledge of business practices and especially the regulations relating to public companies makes him an excellent addition to the Company's management.

Mr. Isaac intends to spend approximately 50% of his time on the business of the Company.