Effective July 6, 2012, the Board of Directors of Advanced Ventures Corp. (the "Company") approved an increase in the size of the Board of Directors to three members. Also effective on July 6, 2012 the Board of Directors of the Company accepted the resignation of Xu Fei as Chief Financial Officer of the Company. On the same date, the Board of Directors accepted the consent to act of Benson Lim and appointed Mr. Lim as Chief Financial Officer and a director of the Company. In addition, the Board of Directors accepted the consent to act of Brandon Low and appointed Mr. Low as Chief Operating Officer and a director of the Company.

Mr. Lim has over 7 years of experience in various leadership positions. He received a Bachelor of Business (Banking and Finance, Honours) from Nanyang Technological University in Singapore. From Jun 2007 through June 2009, Mr. Lim worked as a management associate with Citigroup in Singapore. During his 2 years with Citigroup, Mr. Lim was involved mainly in the credit risk control department which is where he gained his professional grounding and development as a finance controller. From June 2008 to October 2010, Mr. Lim worked with HSR Property Group where he was involved in the real estate business where he built and led a team of over 30 realtors and created total sales up to US$500 million. From January 2010 to May 2012, Mr. Lim was the Managing Director and Vice President of Sales and Marketing of United Gene Healthcare, a Hong Kong based healthcare company, dealing with the distribution of biomedical equipment and products. Mr. Lim was mainly in charge of expanding the business portfolio and sales channel of the company in the Asia pacific region. Over his past 3 years with United Gene Healthcare, he managed to increase the company's turnover by multiple folds and generated an annual turnover of US$20 million. He also helped the company expand its service centers from Hong Kong to over 30 cities in China, Taiwan and the Southeast Asia region.

Mr. Low has nearly 10 years of experience in financial accounting and reporting. He received a Bachelor of Engineering, Mechanical and Production degree from Nanyang Technological University in Singapore. From 2006-2007, Mr. Low worked with Xango LLC where he was responsible for the company's market development in Malaysia and Indonesia. From From February 2007 to July 2008, Mr. Low was the General Manager of Winalite International Pte. Ltd. and from July 2008 to July 2009 he was the Vice-President, Operations & Finance for Coslab Global Pte Ltd.