Northern Bear announced the appointment of Mr. Jeff Baryshnik to the Board as a non-executive director of the company with immediate effect. Mr. Baryshnik is the director and sole beneficial owner of Cedarvale Holdings Ltd. Mr. Baryshnik's principal occupation is as President of Republic Funds USA Inc. Mr. Baryshnik is a Trustee of True North Commercial Real Estate Investment Trust, where he also serves on its Investment Committee. Prior to forming Republic Funds USA Inc, Mr. Baryshnik worked at various financial services firms including Morgan Stanley and Citadel LLC.