LAVAL, QC, April 6, 2020 /CNW Telbec/ - Neptune
Wellness Solutions Inc. ("Neptune" or the "Company") (NASDAQ: NEPT)
(TSX: NEPT), is pleased to announce today the appointments of
Joseph Buaron and Michael A. de Geus to the Company's Board of
Directors.
"We are very pleased to welcome two such experienced and
accomplished individuals to our Board of Directors," said
Michael Cammarata, Chief Executive
Officer of Neptune Wellness Solutions. "Joseph's vast array
of technology expertise and Michael's expansive understanding of
government and policy, combined with both of their entrepreneurial
expertise will be instrumental as we continue to work towards our
vision of becoming a leader in the health and wellness space."
"We are very excited to draw on the diverse backgrounds,
significant knowledge and deep relationships of our new board
members," said John Moretz, Chairman
of the Board of Directors of Neptune Wellness Solutions. "Joseph
and Michael will add substantial value as we continue to grow our
business across North America and
redefine health and wellness with innovative industry leading
products."
Mr. Buaron is a seasoned Chief Technology Officer with over two
decades of related experience as an entrepreneur, programmer,
solutions architect, and DevOps engineer. He is the Co-founder and
CTO of goPeer, Canada's first
regulated consumer peer to peer lender. Additionally, he serves as
Chief Strategy Officer of Loti Wellness Inc., a Canadian self care
consumer brand. Prior to goPeer and Loti Wellness, he served in
multiple senior technology and system administrator positions at
Unilever, Schmidt's Naturals, Paymentus, Acuity Ads Inc., and EQ
Works (Formerly Cyberplex Inc.). He also founded and served as
president of Future Point Inc., which provided leading and
innovative web and application hosting solutions until the company
was sold in 2007.
Mr. de Geus is a highly accomplished security executive with
domestic and international cyber investigative and physical
security experience. He is the founder and Chief Executive Officer
of Leatherback Gear, LLC., a producer of bullet proof backpacks. He
also served as a Special Agent in federal law enforcement with the
Department of Homeland Security and has served on various
assignments both physically and with cyber security since 2008.
Previously, he served as the Director of Sales at Koro Sun Report
in the Fiji Islands and as a consultant for MD Consulting, working
on various projects from developing branding and new store layouts
to helping with various start-up companies. Mr. de Geus is a Ph.D.
Candidate in Public Policy specializing in Homeland Security at
Walden University, holds a Master of
Science in International Relations from the Troy State University and holds a Bachelor of
Science in Criminal Justice from California
State University Fullerton.
About Neptune Wellness Solutions Inc.
Neptune
Wellness Solutions specializes in the extraction, purification and
formulation of health and wellness products. Neptune has in excess
of 100 customers across several verticals including legal cannabis
and hemp, nutraceutical and consumer packaged goods. Neptune's
wholly owned subsidiary, 9354-7537 Québec Inc., is licensed by
Health Canada to process cannabis at its 50,000-square-foot
facility located in Sherbrooke,
Quebec. Neptune also has a 24,000 square-foot facility
located in North Carolina to
process hemp biomass into extracts. Neptune brings decades of
experience in the natural products sector to the legal cannabis and
hemp industries. Leveraging its scientific and technological
expertise, Neptune sees applications for hemp-derived extracts in
the U.S. beyond existing markets and product forms and into
personal care and home care markets. Neptune's activities also
include the development and commercialization of turnkey nutrition
solutions and patented ingredients such as MaxSimil®, and a variety
of marine and seed oils. Its head office is located in Laval, Québec.
Forward Looking Statements
Statements in this press release that are not statements of
historical or current fact constitute "forward-looking statements"
within the meaning of the U.S. securities laws and Canadian
securities laws. Such forward-looking statements involve known and
unknown risks, uncertainties, and other unknown factors that could
cause the actual results of Neptune to be materially different from
historical results or from any future results expressed or implied
by such forward-looking statements. In addition to statements which
explicitly describe such risks and uncertainties, readers are urged
to consider statements labeled with the terms "believes", "belief",
"expects", "intends", "projects", "anticipates", "will", "should"
or "plans" to be uncertain and forward-looking. Readers are
cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date of this press
release.
The forward-looking statements contained in this press release
are expressly qualified in their entirety by this cautionary
statement and the "Cautionary Note Regarding Forward-Looking
Information" section contained in Neptune's latest Annual
Information Form (the "AIF"), which also forms part of Neptune's
latest annual report on Form 40-F, and which is available on SEDAR
at www.sedar.com, on EDGAR at www.sec.gov/edgar.html and on the
investor section of Neptune's website at www.neptunecorp.com. All
forward-looking statements in this press release are made as of the
date of this press release. Neptune does not undertake to update
any such forward-looking statements whether as a result of new
information, future events or otherwise, except as required by law.
The forward-looking statements contained herein are also subject
generally to other risks and uncertainties that are described from
time to time in Neptune public securities filings with the
Securities and Exchange Commission and the Canadian securities
commissions. Additional information about these assumptions and
risks and uncertainties is contained in the AIF under "Risk
Factors".
Neither NASDAQ nor the Toronto Stock Exchange accepts
responsibility for the adequacy or accuracy of this release.
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SOURCE Neptune Wellness Solutions Inc.