CALGARY, Alberta — Dec. 10, 2018 — Rocky Mountain Dealerships Inc. (TSX:RME), announced the resignation of its Chief Financial Officer, David Ascott, who is leaving RME effective Jan. 11, 2019, to pursue an opportunity in another industry. Ascott has served as RME's CFO since August 2011.

"While this was a difficult decision for me to make, I am very proud of my tenure here at RME," said Ascott. "I would like to thank the many talented people at RME for the numerous accomplishments we have enjoyed during my time here. I believe RME continues to be well positioned for the future, and I wish each member of the RME family continued success going forward."

Garrett Ganden, RME's president & chief executive officer, commented, "On behalf of RME and its Board of Directors, I would like to thank Mr. Ascott for his more than 7 years of tireless contributions. He has been instrumental in RME's growth and maturity during his time here and we wish him every success in this next stage of his career."

RME will begin an extensive search both internally and externally for a new CFO immediately, with an announcement on Ascott's successor being made in due course.