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Cloud Nine Appoints Lucas Russell as President & CEO
Cloud Nine Appoints Lucas Russell as President & CEO
VANCOUVER, British Columbia, Feb. 16, 2022 (GLOBE NEWSWIRE) -- Cloud Nine Web3 Technologies Inc. (CSE: CNI) (OTC: CLGUF) (FRANKFURT: 1JI0) ("Cloud Nine" or the "Company"), a leading decentralized network and data storage technology company, is pleased to announce the appointment of Lucas Russell as President and Chief Executive Officer.
Allan Larmour has resigned as CEO and Sefton Fincham has resigned as President effective immediately. Mr. Larmour steps down as CEO to pursue other opportunities but will continue to remain a director of the Company. Mr. Fincham will continue to be available to provide consulting services upon request. The Board of Directors would like to thank Mr. Larmour for his service to the Company as CEO, and Mr. Fincham for his contributions to the Company and wish them success in their future endeavours.
Cloud Nine also announces the resignation of Peter Lee from the Board of Directors effective immediately. The Company thanks Mr. Lee for his dedicated years of service on the Board and wishes him well in his other endeavours.
Lucas Russell will assume the roles of President & CEO effective February 14, 2022. Mr. Russell has over a decade of experience in the financial markets and has been involved with entrepreneurial businesses for over 15 years, including the development and financing of start-ups. He has served on boards and executive teams of several publicly traded companies, guiding them from private to public corporations including the turnaround and eventual sale of a cannabis company which was guided from near bankruptcy to an 8-figure exit in under 2 years. Mr. Russell has been an early and active investor in several successful crypto start-ups and currently serves as CEO of Valdor Technology International Inc. (CSE: VTI), where he is overseeing the acquisition and a $5 million capital raise of a Layer 2 crypto technology company, and implementing its new business strategy and direction. Mr. Russell is passionate about building company value and finding accretive acquisitions for corporations.
The Board of Cloud Nine commented, "We are very pleased to welcome Lucas as Cloud Nine's President & CEO. Lucas has extensive leadership experience in the technology industry and corporate finance, and he has demonstrated his ability to build successful businesses which will help lead Cloud Nine to its next phase of growth."
Mr. Russell commented, "I am honoured and excited to join the Company and this role as I have followed Cloud Nine's progress. I look forward to working with the executive team and I am eager to support the Company's expansion as I work to deliver success and create value for our shareholders."
The Company also announces the appointment of Justin Jacobson as Vice President of Operations. Mr. Jacobson has over 15 years of experience in strategic business development and operational project management with both US and Canadian private and public companies. In 2012, Mr. Jacobson founded Fraser Valley Capital Inc., a boutique angel investment firm dedicated to helping emerging ventures in their early start-up stages. Through this company, Mr. Jacobson has helped to raise millions of dollars in seed capital, served on multiple executive teams, and provided contract consulting to a variety of business sectors and technology companies.
Lucas Russell, President & CEO, said, "We are pleased to welcome Justin as VP of Operations. Mr. Jacobson has been working with Cloud Nine as an independent contractor for the past year and I am confident that his experience within the industry will help Cloud Nine in its next stage of growth."
The Company also announces that it has granted stock options to directors and officers to acquire an aggregate of 1,100,000 common shares exercisable at a price of $0.42 per share for a period of five years. In addition, 900,000 restricted share units ("RSU") were awarded to directors and officers which vest over a period of two years. Each RSU entitles the holder to receive one common share of the Company. These grants were made pursuant to the Company's Omnibus Equity Incentive Plan approved by the shareholders of the Company at its annual general and special meeting held on September 14, 2021.
ON BEHALF OF THE BOARD,
Cloud Nine Web3 Technologies Inc.
Allan Larmour
Director
(604) 669-9788
About Cloud Nine Web3 Technologies Inc.
Cloud Nine is a diversified technology company focused on leveraging its proprietary Web 3.0 technology products to enable the decentralized movement among consumers and business alike. Web 3.0 enables a sustainable world where decentralized users and machines are able to interact with data, value and other counterparties via a substrate of peer-to-peer networks without the need for third parties creating many benefits such as giving each user full control and ownership of all personal and corporate data.
For further information, please contact:
Paul Searle
Corporate Communications
Citygate Capital Corp
Phone: (778) 240-7724
psearle@citygatecap.com
Neither the Exchange nor its regulation services provider accepts responsibility for the adequacy of accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contain herein.
Disclaimer for Forward-Looking Information
Certain statements in this press release are forward-looking statements and are prospective in nature. Forward-looking statements are not based on historical facts, but rather on current expectations and projections about future events, and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements. These statements generally can be identified by the use of forward-looking words such as "may", "should", "will", "could", "intend", "estimate", "plan", "anticipate", "expect", "believe" or "continue", or the negative thereof or similar variations. Forward-looking statements in this news release include statements regarding: the Company's ability to successfully launch products and expand partnerships; its pursuit of emerging technology products; support its pursuit of Web3 opportunities on a global scale; and the ability of the new management to use their experience to positively impact Cloud Nine's business. Such forward-looking statements should therefore be construed in light of such factors, and, except as required by applicable law, the Company is not under any obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
溫哥華,不列顛哥倫比亞省,2022年2月16日(Global Newswire)--領先的去中心化網路和數據存儲技術公司Cloud Nine Web3 Technologies Inc.(CSE:CNI)(場外交易代碼:CLGUF)(法蘭克福:1JI0)(以下簡稱“Cloud Nine”或“公司”)高興地宣佈任命Lucas Russell為總裁兼首席執行官。
艾倫·拉莫耳爾已辭去首席執行官一職,塞夫頓·芬查姆已辭去總裁一職,立即生效。拉莫耳爾將辭去首席執行官一職,以尋求其他機會,但他將繼續擔任董事的一員。如有要求,芬查姆先生將繼續提供諮詢服務。董事會感謝拉莫耳爾先生作為首席執行官為公司提供的服務,以及芬查姆先生為公司做出的貢獻,並祝願他們在未來的工作中取得成功。
Cloud Nine還宣佈Peter Lee辭去董事會職務,立即生效。本公司感謝李先生多年來在董事會盡心儘力的服務,並祝願他在其他工作上一切順利。
盧卡斯·羅素將於2022年2月14日起擔任總裁兼首席執行官。羅素先生在金融市場有十多年的經驗,參與創業企業超過15年,包括初創企業的開發和融資。他曾在幾家上市公司的董事會和高管團隊中任職,指導他們從私人到上市公司,包括扭轉和最終出售一家大麻公司,該公司在不到兩年的時間裡從瀕臨破產到8位數的退出。羅素先生是幾家成功的加密初創公司的早期積極投資者,目前擔任Valdor Technology International Inc.(CSE:VTI)的首席執行官。在那裡,他負責監督對一家第二層密碼技術公司的收購和500萬美元的融資,並實施其新的業務戰略和方向。
Cloud Nine的董事會評論說:“我們非常高興地歡迎盧卡斯出任Cloud Nine的總裁兼首席執行官。盧卡斯在科技行業和企業融資方面擁有豐富的領導經驗,他已經證明瞭他有能力建立成功的業務,這將有助於帶領Cloud Nine進入下一個增長階段。”
拉塞爾先生評論說:“我很榮幸能加入公司並擔任這一職務,因為我一直在關注Cloud Nine的發展。我期待著與管理團隊合作,我渴望支持公司的擴張,因為我努力為我們的股東帶來成功和創造價值。”
公司還宣佈任命賈斯汀·雅各布森為運營副總裁總裁。雅各布森先生在美國和加拿大的私營和上市公司擁有超過15年的戰略業務開發和運營專案管理經驗。2012年,雅各布森創立了Fraser Valley Capital Inc.,這是一家精品天使投資公司,致力於幫助處於初創階段的新興企業。通過這家公司,雅各布森先生幫助籌集了數百萬美元的種子資本,在多個高管團隊任職,並為多個商業部門和技術公司提供合同諮詢。
總裁首席執行官盧卡斯·羅素表示:“我們很高興歡迎賈斯汀出任運營副總裁。雅各布森先生過去一年一直作為獨立承包商與Cloud Nine合作,我相信他在行業內的經驗將幫助Cloud Nine進入下一階段的增長。”
該公司還宣佈,它已向董事和高級管理人員授予股票期權,以收購總計1,100,000股普通股,可按每股0.42美元的價格行使,為期五年。此外,900,000個限制性股份單位(“RSU”)被授予董事和高級管理人員,這些單位在兩年內被授予。每個RSU使持有者有權獲得一股公司普通股。這些獎勵是根據本公司股東於2021年9月14日舉行的年度股東大會及特別大會上批准的本公司綜合股權激勵計劃而作出的。
我代表董事會,
Cloud Nine Web3 Technologies Inc.
艾倫·拉莫耳爾
董事
(604)669-9788
Cloud Nine Web3 Technologies Inc.簡介
Cloud Nine是一家多元化的技術公司,專注於利用其專有的Web 3.0技術產品來實現消費者和企業之間的分散運動。Web 3.0實現了一個可持續的世界,分散的用戶和機器能夠通過點對點網路的底層與數據、價值和其他交易對手互動,而不需要第三方創造許多好處,例如讓每個用戶完全控制和擁有所有個人和公司數據。
如需更多資訊,請聯繫:
保羅·塞爾
企業通信
Citygate Capital Corp
電話:(778)240-7724
郵箱:psearle@ciygatecap.com
交易所及其監管服務提供商均不對本新聞稿的準確性承擔責任。證券交易所、證券監督管理委員會或其他監管機構均未批准或不批准本報告所載資訊。
對前瞻性資訊的免責聲明
本新聞稿中的某些陳述是前瞻性陳述,具有前瞻性。前瞻性陳述不是基於歷史事實,而是基於對未來事件的當前預期和預測,因此存在風險和不確定因素,可能導致實際結果與前瞻性陳述明示或暗示的未來結果大相徑庭。這些表述一般可通過使用“可能”、“應該”、“將”、“可能”、“打算”、“估計”、“計劃”、“預期”、“預期”、“相信”或“繼續”等前瞻性詞語或其否定或類似變體來識別。本新聞稿中的前瞻性陳述包括:公司成功推出產品和擴大合作夥伴關係的能力;對新興技術產品的追求;支持在全球範圍內尋求Web3機會;以及新管理層利用他們的經驗對Cloud Nine業務產生積極影響的能力。因此,此類前瞻性表述應根據這些因素進行解讀,除適用法律要求外,公司沒有任何義務更新或修訂任何前瞻性表述,無論是由於新資訊、未來事件或其他原因,公司明確表示不承擔任何意圖或義務。
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在新加坡,moomoo上的投資產品和服務是通過Moomoo Financial Singapore Pte. Ltd.提供,該公司受新加坡金融管理局(MAS)監管(牌照號碼︰CMS101000) ,持有資本市場服務牌照 (CMS) ,持有財務顧問豁免(Exempt Financial Adviser)資質。本內容未經新加坡金融管理局的審查。
在澳大利亞,moomoo上的金融產品和服務是通過Futu Securities (Australia) Ltd提供,該公司是受澳大利亞證券和投資委員會(ASIC)監管的澳大利亞金融服務許可機構(AFSL No. 224663)。請閱讀並理解我們的《金融服務指南》、《條款與條件》、《隱私政策》和其他披露文件,這些文件可在我們的網站 https://www.moomoo.com/au中獲取。
在加拿大,透過moomoo應用程式提供的僅限訂單執行的券商服務由Moomoo Financial Canada Inc.提供,並受加拿大投資監管機構(CIRO)監管。
在馬來西亞,moomoo上的投資產品和服務是透過Moomoo Securities Malaysia Sdn. Bhd. 提供,該公司受馬來西亞證券監督委員會(SC)監管(牌照號碼︰eCMSL/A0397/2024) ,持有資本市場服務牌照 (CMSL) 。本內容未經馬來西亞證券監督委員會的審查。
Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd.,Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc和Moomoo Securities Malaysia Sdn. Bhd., 是關聯公司。
風險及免責聲明
moomoo是Moomoo Technologies Inc.公司提供的金融資訊和交易應用程式。
在美國,moomoo上的投資產品和服務由Moomoo Financial Inc.提供,一家受美國證券交易委員會(SEC)監管的持牌主體。 Moomoo Financial Inc.是金融業監管局(FINRA)和證券投資者保護公司(SIPC)的成員。
在新加坡,moomoo上的投資產品和服務是通過Moomoo Financial Singapore Pte. Ltd.提供,該公司受新加坡金融管理局(MAS)監管(牌照號碼︰CMS101000) ,持有資本市場服務牌照 (CMS) ,持有財務顧問豁免(Exempt Financial Adviser)資質。本內容未經新加坡金融管理局的審查。
在澳大利亞,moomoo上的金融產品和服務是通過Futu Securities (Australia) Ltd提供,該公司是受澳大利亞證券和投資委員會(ASIC)監管的澳大利亞金融服務許可機構(AFSL No. 224663)。請閱讀並理解我們的《金融服務指南》、《條款與條件》、《隱私政策》和其他披露文件,這些文件可在我們的網站 https://www.moomoo.com/au中獲取。
在加拿大,透過moomoo應用程式提供的僅限訂單執行的券商服務由Moomoo Financial Canada Inc.提供,並受加拿大投資監管機構(CIRO)監管。
在馬來西亞,moomoo上的投資產品和服務是透過Moomoo Securities Malaysia Sdn. Bhd. 提供,該公司受馬來西亞證券監督委員會(SC)監管(牌照號碼︰eCMSL/A0397/2024) ,持有資本市場服務牌照 (CMSL) 。本內容未經馬來西亞證券監督委員會的審查。
Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd.,Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc和Moomoo Securities Malaysia Sdn. Bhd., 是關聯公司。
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