Quadron Cannatech Announces Board Additions and Management Changes
12 Februar 2019 - 2:30PM
Quadron Cannatech Corporation (the
“Company” or
“Quadron”)
– (CSE: QCC), is
pleased to announce the appointment of Larry Anderson and David
Beck as directors of the Company, and two executive changes which
support the Company’s continued long-term growth in the evolving
cannabis industry.
Mr. Beck possesses over 30 years experience with
national financial institutions in various capacities as a
financial analyst, institutional and proprietary trader and in
investment banking. Mr. Beck holds an MBA from the Ivey
Business School, University of Western Ontario and a B.Sc.
(Engineering Physics) from Queens University. Mr. Beck has
also been a board member of various public and private
companies.
Mr. Anderson possesses over 30 years experience
as a land developer and owner of Sutton Premier Realty. Mr.
Anderson has strong leadership skills, overseeing more than 165
realtors completing over 2,600 transactions under Sutton Premier
Realty. Larry is well versed in corporate governance, having
served on the Legislative and Public Affairs Committee for the
Fraser Valley Real Estate Board, and is currently serving a 5th
term as Broker’s Council chair and Director for the Fraser Valley
Real Estate Board. Larry received an Associate of Arts and
Associate of Science majoring in Business Administration from
Capilano University, attaining Dean’s List standing. More
recently Larry has achieved an international designation of CRB, or
Certified Real Estate Brokerage Manager, making him one of
approximately 40 in the country. Mr. Anderson will act as Chairman
of the board of the Company.
The Company would also like to announce the
following executive management changes: the appointment of Tamas
Jozsa (previously VP of Engineering) as President of Soma Labs
Scientific Inc., a wholly owned subsidiary of Quadron; and the
appointment of Shane Lander (previously President of Soma Labs
Scientific Inc) as Chief Research & Development Officer of
Quadron.
Rosy Mondin, CEO of Quadron stated: “With
legalization of oils, edible products and topicals in Canada later
this year, these leadership changes help set the stage for the next
phase of Quadron’s corporate development as we pursue short and
long-term profitable growth, and continue to develop efficient
extraction equipment, techniques, procedures and formulations to
position Quadron as the leading provider of extraction and
processing solutions.”
She further added: “Mr. Jozsa has demonstrated
tremendous leadership in the Company’s development, and we are
pleased that he is stepping up to take a larger role with Soma.
Shane Lander, a co-Founder of the Company, will focus his passion
on inventing, developing, innovating and modernizing Quadron’s line
of extraction equipment and methodologies as Chief Research and
Development Officer for Quadron. With the appointment of Mr. Beck
and Mr. Anderson, we add two high quality individuals with
tremendous experience and great reputations to the Board; their
knowledge and unique perspectives are valuable additions to the
Company.”
The Company further announces that it has
granted a total of 1,490,000 incentive stock options to certain
directors, officers, consultants and employees of the
Company. The options have an exercise price of $0.20 per
share and expire February 12, 2024.
About Quadron: Quadron provides
turn-key extraction and processing solutions for the cannabis
industry through vertically integrated offerings including:
proprietary industrial grade equipment, custom build processing
facilities, ancillary products/packaging (i.e. vape pens) &
scientific services.
For more information, visit:
www.quadroncannatech.com
On behalf of the Board of Directors
ofQUADRON CANNATECH CORPORATION
Rosy MondinCEOrosy@quadroncannatech.com
Investor Relations Contact:KIN Communications
Inc.Caleb Jeffries, VP, Investor
Relations1-866-684-6730QCC@kincommunications.com
Neither the CSE nor its Regulation Services
Provider (as that term is defined in the policies of the CSE)
accepts responsibility for the adequacy or accuracy of this
release.
Statements included in this announcement,
including statements concerning our plans, intentions and
expectations, which are not historical in nature are intended to
be, and are hereby identified as “forward-looking
statements”. Forward-looking statements may be identified by
words including “anticipates”, “believes”, “intends”, “estimates”,
“expects” and similar expressions. The Company cautions readers
that forward-looking statements, including without limitation those
relating to the Company’s future operations and business prospects,
are subject to certain risks and uncertainties that could cause
actual results to differ materially from those indicated in the
forward-looking statements.
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