Equitorial Capital Corp. announced that Dean Pekeski replaced Frank Hegner as President, Patrick Power has been appointed Chief Executive Officer and continues as Secretary but has resigned as Chief Financial Officer and has been replaced in that position by Troy Nikolai. Mr. Nikolai has also been appointed an additional director of the company.

The Board of Directors is now comprised of Dean Pekeski, Patrick Power, Patricio Varas, Frank Hegner and Troy Nikolai.