/EINPresswire.com/ -- TORONTO, ONTARIO -- (Marketwired) -- 03/16/16 -- It is with great sadness that Duncan Park Holdings Corporation (TSX VENTURE: DPH) announces the sudden passing of its President and CEO, Ian McAvity. Mr. McAvity died of a heart attack at Sunnybrook Hospital in Toronto, earlier today.

Mr. McAvity joined the Corporation's Board in 2004 and has effectively held the position of President and Chief Executive Officer since August, 2007. During his 11+ years with the Corporation Mr. McAvity has made enormous contributions to its exploration programs in both Nevada, USA and Red Lake, Ontario, through his vast experience in the mining industry, and to its financial situation particularly through his raising of flow-through funds for exploration and the provision of directors' loans for working capital purposes.

The Corporation could never thank Mr. McAvity enough for his many years of faithful service.

About Duncan Park

Duncan Park is a Toronto-based mineral exploration company exploring for gold and other precious metals in Ontario's prolific Red Lake gold mining district.

Neither TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this release.

Contacts:
Duncan Park Holdings Corporation
Harold J. Doran
CFO and Secretary
416-203-0860
harold@duncanpark.com
www.duncanpark.com