Brick Brewing Announces Resignation of CFO and Appointment of New CFO

KITCHENER, Ontario, Jan. 08, 2018 (GLOBE NEWSWIRE) -- Brick Brewing Co. Limited (“Brick” or the “Company”) (TSX:BRB), Ontario’s largest Canadian-owned brewery, today announced that Mr. Byrne has resigned from his position as Chief Financial Officer of Brick Brewing, effective February 8, 2018. Mr. Byrne's departure does not result from any disagreement with Brick Brewing on any matter relating to Brick's operations, policies or practices.

Commenting on Mr. Byrne's resignation, George Croft, Brick's, Chief Executive Officer and President stated, "On behalf of everyone at Brick Brewing and the Board of Directors, I want to thank Sean for his contributions. During his tenure as CFO Brick has seen EBITDA more than double. We wish Sean well in all of his futureendeavors."

In addition, the Company announced Mr. David Birch as Brick's Chief Financial Officer, effective February 9, 2018. Mr. Birch is a seasoned financial executive with over 15 years of experience and a proven record of success. Mr. Birch has served as Director of Finance at Brick since July 2016. Prior to joining Brick Brewing, Mr. Birch worked at Anheuser Busch InBev in senior financial roles including Director of Finance and Vice President, Commercial Finance. Subsequently, David served as CFO for Liberty Mines and later as VP Finance for McClelland Premium Imports.

Commenting on the announcement, Mr. Byrne noted, “It has been my great privilege to serve as CFO at Brick Brewing. I’m proud of Brick’s performance and the projects I’ve led, from the sale of our Waterloo and Formosa