Looking Glass Labs Ltd Director Appointment
October 18 2023 - 2:00AM
UK Regulatory
TIDMNFXT
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N E W S R E L E A S E
Looking Glass Labs Announces Director Appointment
Vancouver, British Columbia - 18 October 2023 / Globe Newswire / - Looking Glass
Labs Ltd. ("LGL" or the "Company") (NEO: NFTX) (AQSE: NFTX) (OTC: LGSLF) (FRA:
H1N), a leading Web3 platform specialising in non-fungible token ("NFT")
architecture, immersive metaverse environments, play-to-earn tokenisation and
virtual asset royalty streams, announces that Lucas Stemshorn-Russell has
resigned as a director with immediate effect. The Company wishes to thank Mr.
Stemshorn-Russell for his services to the Company and wishes him well with his
future endeavors.
Following the resignation of Mr. Stemshorn-Russell, the Company is pleased to
announce the appointment of Arimta Jalooli to the board of directors effective
with immediate effect.
Ms. Jalooli is experienced in tokenomics, technical research in the
cryptocurrency, blockchain and theoretical particle physics. She was the CEO and
co-founder of a start-up that was acquired in less than one year of operation.
She holds two master's degrees from world-class universities, including Business
Management from the Schulich School of Business and Computer Engineering from
University of Toronto in Ontario. She specialises in the intersection of machine
learning and finance and has received multiple top scholarships throughout her
education.She advises start-ups with their strategies and business proposals.
Ms. Jalooli currently does not own any Common Shares of the Company.
Except as set out above, there is no further information regarding Armita
Jalooli that is required to be disclosed pursuant to Rule 4.9 of the AQSE Growth
Market Access Rulebook.
This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by
virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in
accordance with the Company's obligations under Article 17 of MAR.
The Directors of LGL take responsibility for this announcement.
ABOUT LOOKING GLASS LABS
Headquartered in Vancouver, British Columbia, the Company specialises in
consumer engagement applications to leverage immersive metaverse environments,
gamification and Web 3.0 / blockchain monetisation strategies.
On behalf of LOOKING GLASS LABS LTD.
"Dorian Banks"
Dorian Banks, Chief Executive Officer
For further information, please contact:
Dorian Banks
Toll-Free: +1 833 LGL-NFTX (833-545-6389)
Email: info@lgl.io
Novum Securities Limited, AQSE Corporate Adviser
David Coffman/ George Duxberry
Tel: +44 (0)207 399 9400
Forward-Looking Information
This press release contains statements that constitute "forward-looking
information" within the meaning of Canadian securities laws ("forward-looking
statements"), which are based upon our current expectations, estimates,
projections, assumptions, and beliefs. All information that is not clearly
historical in nature may constitute forward-looking statements. Forward-looking
statements are typically identified by the use of terms such phrases such as
"anticipate", "believe", "could", "estimate", "expect", "intend", "may", "plan",
"predict", "project", "will", "would" and "should", and similar terms and
phrases, including references to assumptions.
Forward-looking statements, by their nature, are based on assumptions and are
subject to known and unknown risks and uncertainties, both general and specific,
that contribute to the possibility that the forward-looking statement will not
occur. The forward-looking statements in this press release speak only as of the
date hereof and reflect several material factors, expectations, and assumptions.
Undue reliance should not be placed on any predictions or forward-looking
statements as these may be affected by, among other things, changing external
events and general uncertainties of the business. A discussion of the material
risks applicable to us can be found in our current Management Discussion and
Analysis and Annual Information Form, each of which have been or will be filed
on SEDAR+ and can be accessed at www.sedarplus.ca. Except as required by
applicable securities laws, forward-looking statements speak only as of the date
on which they are made and we disclaim any intention and assume no obligation to
publicly update or revise any forward-looking statement, whether as a result of
new information, future events or otherwise. Although the Company believes that
any beliefs, plans, expectations and intentions contained in this news release
are reasonable, there can be no assurance that any such beliefs, plans,
expectations or intentions will prove to be accurate. The Company does not
assume any liability for disclosure relating to any other company mentioned
herein.
Risks and uncertainties about the Company's business are more fully discussed in
the Company's disclosure materials, including its reports filed with the
Canadian securities regulators and which can be obtained from www.sedarplus.com.
SOURCE: LOOKING GLASS LABS LTD.
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(END) Dow Jones Newswires
October 18, 2023 02:00 ET (06:00 GMT)