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Canada | CFO Moves – week ending March 25, 2016

Tracking CFO Movement Across Canada.

Acerus Pharmaceuticals Corporation [TORONTO] (TSX: APC) announced that Dr. Michael Bumby, Chief Financial Officer, will be leaving the Company.

Toscana Energy Income Corporation [CALGARY] (TSX: TEI) announced the appointment of Anand Ramnath as Chief Financial Officer. Mr. Ramnath has been the Interim Chief Financial Officer of Toscana Energy since July 31, 2015. Prior thereto Mr. Ramnath was the Manager of Corporate Reporting of Toscana Energy since 2013.

Organic Potash Corporation [TORONTO] (CSE: OPC) announced the appointment of Olga Balanovskaya as Interim CFO.

Marsa Energy Inc. [CALGARY] (TSX-V: MEP) announced that Ricardo Montes has resigned as Vice President of Finance and Chief Financial Officer and Sandy Quilty has been appointed the Corporation’s Interim Chief Financial Officer. Mr. Quilty is currently the Vice President of Finance and Chief Financial Officer of Condor and will also act as the Interim Chief Financial Officer of Marsa.

CERF Incorporated [CALGARY, ALBERTA] (TSX-V: CFL) announced that Ken Olson has been appointed Chief Financial Officer, replacing Derrek R. Wong. Before joining CERF, Mr. Olson served as the CFO of a publicly traded oilfield drilling and completion services company. Mr. Olson also served as Vice President, Finance for Sanjel Corporation, and as Vice President Finance for the Wireless Business Unit of CSI Wireless Inc.

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<DIV align=left><FONT size=2>Samuel Dergel - The CFO Expert.</FONT></DIV>
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<DIV align=left><FONT size=2>Should you have any CFO Moves to report, please
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Wednesday, March 30th 2016
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