Appointment of New Auditor and Option Grants

TORONTO, March 01, 2018 (GLOBE NEWSWIRE) -- Fintech Select Ltd. (“Fintech Select” or the “Company”) (TSX-V:FTEC) announces that its board of directors (the "Board") has accepted the resignation of Mahendra CA Professional Corporation, the Company’s auditor, effective immediately for personal reasons, and has approved the appointment of Fareed Sheik LLP as the Company’s new auditor. Mr. Navin Mahendra has committed to providing any assistance required for a smooth transition.

“We would like to thank Mr. Navin Mahendra for his hard work and expertise provided, and we welcome Mr. Sheik as our new auditor,” stated Mr. Andre Itwaru, the Chairman of the Company.

The Board of Directors also approved the grant of 1.425 million stock options to purchase common shares of the Company to certain of its consultants, directors and officers. The options were issued with an exercise price of $0.30 per share. The issuance of the options is subject to all necessary approvals by the TSX Venture Exchange.

FOR FURTHER INFORMATION PLEASE CONTACT:

Mohammad Abuleil, 905-7520352
President & CEO - [email protected]

About Fintech Select Ltd.

Fintech Select is a provider of robust and disruptive Pre-Paid Card programs, mobile banking solutions and Cryptocurrency technologies.  Fintech Select has enabled these core assets which operate through separate divisions to work together harmoniously to create a new and ubiquitous environment for consumers and businesses alike. Fintech select also operates an international call centre that provides fulfillment and customer service support to customers across all three platforms mentioned. Our mission is to provide customers with choice, convenience and cost-effective ways to facilitate traditional and crypto financial transactions.

Follow us on:
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https://www.linkedin.com/company/fintechselect/

Neither 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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