VANCOUVER, BC, May 29, 2023
/CNW/ - Minerva Intelligence Inc. (TSXV: MVAI) (OTCQB:
MVAIF) ("Minerva" or the "Company"), is pleased to announce the
appointment of a new CEO and the addition of a new Director to its
leadership team. These changes reflect the Company's commitment to
growth, innovation, and strategic vision.
As of May 25, 2023, Mr. Mihalis
Belantis assumes the role of Chief Executive Officer and Director,
bringing a wealth of experience and expertise to Minerva. With a
strong track record, strategic vision, leadership experience, and
passion for business, Mr. Belantis is poised to lead Minerva into
its next phase of growth and success.
"We are excited to be part of such a young and dynamic company
that is in one of the hottest and fastest growing industries -
Artificial Intelligence ("AI") with a focus on Climate Risk and ESG
compliance and reporting. With our current AI technology, we are
positioned to be the leader in this category and industry,"
comments Mr. Belantis. "We will leverage our strong technical
knowledge and experience in capital markets to deliver solid growth
opportunity for our investors and stakeholders."
Accompanying the arrival of the new CEO is Scott Davis, who will be joining the Board of
Directors. Mr. Davis brings a diverse range of talents and
perspectives that will contribute to the Company's strategic
initiatives and long-term growth.
While celebrating the arrival of the new leadership, Minerva
bids a fond farewell to its retiring Executives and Directors. Mr.
Scott Tillman (CEO and Director),
Mr. Jason Petralia (Chairman) and
Mr. Gleb Chuvpilo (Director), all who have played a pivotal role
throughout their tenure. We thank them for their contributions.
Minerva welcomes all investors and stakeholders to join them on
this Climate Solution journey.
About Minerva Intelligence
Inc.
Minerva Intelligence Inc. is a leader in AI driven technology
focused on Climate Risk and ESG compliance. Minerva uses
cutting-edge AI technologies to address pressing challenges faced
by businesses and communities. We specialize in climate science and
AI, extracting valuable insights from complex data sets and
providing actionable recommendations to our clients.
Minerva's proprietary AI technology is rooted in hazard mapping
and climate modeling, enables us to extract valuable insights and
package them into actionable ways for a diverse range of
applications. With our expertise and technology, we help clients
thrive in the face of an ever-changing climate. Minerva's
common shares are currently listed on the TSX Venture Exchange
(symbol MVAI). For further details, please visit our website
www.minervaintelligence.com or follow us on Twitter or
LinkedIn.
Cautionary Note Regarding
Forward-Looking Statements
Forward Looking Information: This news release includes
certain information that may be deemed "forward-looking
information". Forward-looking information can generally be
identified by the use of forward-looking terminology such as "may",
"will", "expect", "intend", "estimate", "anticipate", "believe",
"continue", "plans" or similar terminology. All information in this
release, other than information of historical facts, including,
without limitation, statements with respect to the business
strategy and objectives of the Company are forward-looking
information that involve various risks and uncertainties. Although
the Company believes that the expectations expressed in such
forward-looking information are based on reasonable assumptions,
such expectations are not guarantees of future performance and
actual results or developments may differ materially from those in
the forward-looking information. Forward-looking information is
based on a number of material factors and assumptions. Factors that
could cause actual results to differ materially from the
forward-looking information include changes in project
parameters as plans continue to be refined, , availability
of capital and financing on acceptable terms, general economic,
market or business conditions, regulatory changes, delays in
receiving approvals, and other risks detailed herein and from time
to time in the filings made by the Company with securities
regulatory authorities in Canada. Actual events may differ
materially from those projected in the forward-looking information.
For more information on the Company and the risks and challenges of
our business, investors should review our continuous disclosure
filings which are available at www.sedar.com. Readers are cautioned
not to place undue reliance on forward-looking information. The
Company does not undertake to update any forward-looking
information, except in accordance with applicable securities
laws.
The TSX Venture Exchange has neither approved nor disapproved
of the contents of this press release. Neither the TSX Venture
Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this press
release.
SOURCE Minerva Intelligence Inc.