NexC Partners Corp.

NexC Partners Corp.

April 18, 2016 11:27 ET

NexC Partners Corp. Announces a Change to Its Board of Directors

TORONTO, ONTARIO--(Marketwired - April 18, 2016) - The board of directors of NexC Partners Corp. (the "Company" or "NexC") (TSX:NXC) is pleased to announce that it has appointed Vladimir Tasevski as Chief Executive Officer and a director of the Company. As a senior executive with Purpose Investments Inc. ("Purpose"), the manager of the Company, Mr. Tasevski brings considerable experience and expertise to the Company's board. In connection with the appointment of Mr. Tasevski to the board, Som Seif, founder, President, Chief Executive Officer and Chairman of the Board of Directors of Purpose, will step aside as a director and officer of NexC in order to continue to devote his time and energy to Purpose. There will be no changes to NexC's investment objectives and strategies and Breton Hill Capital Ltd. will continue in its capacity as an investment advisor to the Company.

Mr. Tasevski has held progressively responsible positions with Purpose since the company's establishment in 2012. Prior thereto he served as Vice President at BlackRock Investments Inc. (Toronto) which he joined following the acquisition of Claymore Investments, Inc. in March, 2012. At Claymore Investments, Inc. Mr. Tasevski spent 5 years in a generalist role where he gained broad experience in the areas of product development, operations and sales. He is a CFA charterholder and has a Bachelor of Commerce degree from the University of Toronto.

About Purpose Investments Inc.

Purpose is an asset management firm inspired by the belief that all investors should have access to great investment products along with low fees. Purpose believes in focusing first on managing risk and creating value that we believe is currently missing from the marketplace, thus empowering all Canadians to be better investors. Purpose has over $2.0 billion in assets under management and currently offers 17 exchange traded funds and mutual funds and 6 closed-end funds across multiple asset classes and both traditional and alternative investment strategies.

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