Mantra Capital Inc.

Mantra Capital Inc.

March 11, 2014 09:30 ET

Chief Executive Officer of Mantra Capital Inc. Resigns; Interim CEO Appointed

VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 11, 2014) - Mantra Capital Inc. ("Mantra" or the "Company") (TSX VENTURE:MTR) announces that Mr. Raj Chowdhry, a founding Director of the Company, has tendered his resignation as Chief Executive Officer ("CEO") of the Company, effective immediately. Mr. Chowdhry remains a director of the Company.

Mr. Steven Khan has been appointed as the Company's Interim Chief Executive Officer. Mr. Khan has over twenty years of experience and has served as senior management in all aspects of the investment industry, including retail, institutional sales, corporate finance, capital markets, and investment banking. For the past 10 years, he has focused on financing and corporate development activities for numerous private and public companies with Sona Capital Limited, his private company. He has served as Chairman, CEO, and President, as well as in Audit, Compensation and Nominating Committee roles. Mr. Khan, a graduate of the University of British Columbia (B.Sc. - 1978 & MBA - 1983), is a Chartered Financial Analyst.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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