Mr. Richard Penn reports

MACCABI VENTURES INC. ANNOUNCES APPOINTMENT OF DIRECTOR

Maccabi Ventures Inc. has appointed Simon Yang to its board of directors.

Mr. Yang has been a director of Asia Pacific Boiler Corp. since March, 2014. Mr. Yang has been chief financial officer and treasurer of Asia Pacific Boiler since Nov. 22, 2012. In addition, Mr. Yang has been CFO of G Capital Ltd. since 2012. Mr. Yang served as secretary of Asia Pacific Boiler from Nov. 22, 2012, to March, 2014. Mr. Yang served as an internal audit manager and director of operations for subsidiary companies of Tuan Sing Ltd. Mr. Yang joined American multinational telecommunication company AT&T Consumer Products as its methods/audit manager initially and served as its finance department accounting manager. Mr. Yang worked with Barr Burgess & Stewart (affiliate firm of then Coopers & Lybrand) for three years. He worked for a short period with European Standards Electronics (now known as Thomson Multi Media) as an accountant. Mr. Yang was as a financial consultant to LaserSaver Pte. Ltd. from 2003 to 2011. He joined SIMEX (Singapore International Monetary Exchange), Sin Huat Bullion Pte. Ltd. (a founding member firm of the predecessor to SIMEX -- the Gold Exchange of Singapore (GES)), as its administration and finance manager. Mr. Yang joined NatSteel Electronics as finance and administration director. He served at NatSteel Ltd., NatSteel Technology Ltd., as its CFO. He joined WyWy Creative Lifestyle (a joint venture firm between Singapore Technology Group and WyWy Group) as its chief operating officer. Mr. Yang has knowledge of accounting rules and regulations, corporate governance, and internal control, and has experience in financial management for a large corporation and public companies. Mr. Yang spent the first three years of his career in a professional accounting firm and thereafter was in the finance functions in commercial business sectors.

Mr. Yang graduated from University of Otago, New Zealand, and was admitted into New Zealand Society of Accountants in 1981 as an associate chartered accountant.

About Maccabi Ventures Inc.

Maccabi currently has an option to acquire a 100-per-cent undivided interest in the Copper King property situated approximately 30 kilometres north-northwest of Powell River, B.C.