Slyce Inc. announced resignation of Alistair Maxwell from its board of directors. Mr. Maxwell is the Chairman and Chief Executive Officer of Beacon Securities Limited. Mr. Maxwell is resigning from the board to allow Beacon Securities to support the public offering of units of Slyce.

Further, Mr. Maxwell's vacancy on the Board will allow for the appointment of a strategic nominee of a future institutional investor of Slyce upon the approval of such nominee by the Board and subject to regulatory approvals of the TSX Venture Exchange.