Trius Investments Inc. ("Trius" or the "company") announced the following changes to its management team and board of directors, effective immediately. Gordon Wheaton has resigned as President and Chief Executive Officer of Trius, and will continue as Chairman of the Board. Joel Freudman has been appointed President and Chief Executive Officer of Trius, to lead the company's repositioning and planned asset dispositions.

Mr. Freudman was appointed to the Board in July 2017 and will remain a director of the company. Damian Lopez has been appointed to the Board as an independent director. Mr. Lopez is a securities and corporate lawyer who works as a legal consultant to various TSX and TSXV listed companies.

Mr. Lopez also serves as President, Chief Executive Officer and a Director of Valencia Ventures Inc. Previously, Mr. Lopez was a Corporate Associate at Stikeman Elliott LLP, where he was involved in private and public company mergers, acquisitions, sales and financings. Finally, Robert Harrison has been appointed as Corporate Secretary of the company, in addition to his current role as Chief Financial Officer.