Emblem Announces Commencement of Nick Dean as Chief Executive Officer and President
December 01 2017 - 9:00AM
Emblem Corp. (TSXV:EMC) (EMC.WT)
(“
Emblem” or the “
Company”) is
pleased to announce that Nick Dean has commenced his role as the
Chief Executive Officer and President of Emblem effective as of
December 1, 2017.
As noted in Emblem's press release dated October
30, 2017, Nick Dean brings more than 12 years of consumer marketing
and leadership experience to Emblem’s dedicated team, including
extensive work with highly respected pharmaceutical and healthcare
brands. Most recently he worked with KBS Canada, a fully integrated
creative agency with offices in Toronto and Montreal, where he led
the company through two mergers and a number of substantial client
wins, resulting in significant bottom and top-line growth. Mr. Dean
earned his MBA from the Richard Ivey School of Business and holds
his Bachelor of Commerce Degree from McMaster University. He is a
proud husband and father of three sons.
In addition, the board of directors of the
Company has approved the granting of 290,000 incentive stock
options (the “Options”) of which 100,000 were to a
director of the Company and 190,000 were to employees. The Options
are exercisable at a price of $1.63 per share for a period of five
years. 250,000 of the Options shall vest equally over a three year
period with one-third of the number of Options to vest on each of
December 1, 2018, 2019 and 2020. 40,000 of the Options vest on
December 1, 2017.
About Emblem
Emblem Corp. is a fully integrated licensed
producer and distributor of medical cannabis and cannabis
derivatives in Canada under the ACMPR (Access to Cannabis for
Medical Purposes Regulations). Led by a team of cannabis experts
and former health care and pharma executives, it has three distinct
verticals – cannabis production, patient education centers, and
pharmaceutical development. Emblem trades under the ticker symbol
EMC on Toronto Venture Exchange (TSXV).
For further information contact:
Ali MahdaviEmblem Corp.(416)
962-3300alimahdavi@emblemcorp.com
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING
INFORMATION: This news release includes certain “forward-looking
statements” under applicable Canadian securities legislation.
Forward-looking statements are necessarily based upon a number of
estimates and assumptions that, while considered reasonable, are
subject to known and unknown risks, uncertainties, and other
factors which may cause the actual results and future events to
differ materially from those expressed or implied by such
forward-looking statements. Such factors include, but are not
limited to: general business, economic, competitive, political and
social uncertainties; delay or failure to receive board,
shareholder or regulatory approvals; and the results of operations.
There can be no assurance that such statements will prove to be
accurate, as actual results and future events could differ
materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward-looking
statements. The Company and Emblem disclaim any intention or
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise,
except as required by law.
Neither the Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
Exchange) accepts responsibility for the adequacy or accuracy of
this Press release.
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