Neptune Appoints Corporate Governance Expert Tara Amiri as Independent Director

Rhea-AI Summary

Neptune Digital Assets (NPPTF) has appointed Tara Amiri as a non-executive, independent Director effective April 1, 2025. Amiri, a partner at Gowling WLG with 15 years of legal experience, replaces Mitchell Demeter, who will continue as an advisor.

Amiri brings expertise in corporate finance, securities, and mergers and acquisitions. She holds a Bachelor of Commerce from UBC and a Juris Doctorate from the University of Windsor. She has received recognition in The Best Lawyers in Canada and The Canadian Legal Lexpert Directory, and was named one of Lexpert's 'Rising Stars: Leading Lawyers Under 40' in 2021.

She serves on the TSX Venture Exchange's local advisory committee and the BC Securities Commission's Corporate Finance Stakeholder Forum. Amiri will also join Neptune's audit committee.

Positive

• Appointment of experienced corporate governance expert with 15 years of legal expertise
• New director brings strong securities and corporate finance background
• Addition of recognized legal professional to audit committee
• Previous director remains involved as advisor, ensuring continuity

Negative

• None.

Vancouver, British Columbia--(Newsfile Corp. - April 1, 2025) - Neptune Digital Assets Corp. (TSXV: NDA) (OTCQB: NPPTF) (FSE: 1NW) ("Neptune" or the "Company"), a blockchain leader in Canada, is pleased to welcome Tara Amiri as a non-executive, independent Director, effective as of April 1, 2025. Ms. Amiri succeeds Mitchell Demeter, ‎who has resigned as a Director of the Company but will continue to support Neptune as an advisor.

‎"We are thrilled to welcome Tara Amiri to the Neptune team. Her exceptional track record and comprehensive expertise in securities law and governance will be instrumental as we continue executing our strategic vision," ‎ commented Cale Moodie, CEO of Neptune. "We would also like to thank Mitchell Demeter's effort and long-time commitment to the Company. I speak on behalf ‎of the whole Board when I say it has been a pleasure working with him."

Tara is a lawyer with 15 years of experience and is a partner at Gowling WLG (Canada) LLP. Her practice focuses on corporate finance, securities, and mergers and acquisitions, serving clients across various sectors, including technology, mining, and life sciences. Tara holds a Bachelor of Commerce degree from the University of British Columbia and a Juris Doctorate degree from the University of Windsor.

Tara has been recognized in The Best Lawyers™ in Canada and The Canadian Legal Lexpert® Directory and in 2021 was named one of Lexpert®'s "Rising Stars: Leading Lawyers Under 40". She serves on the TSX Venture Exchange's local advisory committee and the Corporate Finance Stakeholder Forum of the BC Securities Commission. Additionally, she is Chair of the Board of Directors for Big Sisters of BC Lower Mainland.

Ms. Amiri will also join the audit committee of the Company.

About Neptune Digital Assets Corp.

Neptune Digital Assets Corp. (TSXV: NDA) (OTCQB: NPPTF) (FSE: 1NW) is one of the first publicly traded blockchain companies in Canada and is at the forefront of the cryptocurrency and blockchain landscape. Neptune engages in operations across the digital asset ecosystem including Bitcoin mining, proof-of-stake mining, blockchain nodes, decentralized finance (DeFi), and other associated cutting-edge technology. Our unwavering commitment to innovation and strategic growth enables us to continually explore new opportunities and maximize value for our shareholders. For more information about Neptune Digital Assets Corp., please visit our website at www.neptunedigitalassets.com or follow us on X (@NeptuneDAC).

ON BEHALF OF THE BOARD

Cale Moodie, President and CEO
Neptune Digital Assets Corp.
1-800-545-0941
www.neptunedigitalassets.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX ‎Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.‎

Forward-Looking Statements

This release contains certain "forward looking statements" and certain "forward-looking information" as "defined under applicable Canadian and ‎U.S. securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as ‎‎"may", "will", "should", "expect", "intend", "estimate", "anticipate", "believe", "continue", "plans" or similar terminology. The forward-looking ‎information contained herein is provided for the purpose of assisting readers in understanding management's current expectations and plans ‎relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. ‎

Forward-looking statements relate to future events or future performance and reflect the Company's expectations or beliefs regarding future ‎events. Forward-looking statements include, but are not limited to: the Company's ability to utilize and integrate Tara Amiri's past ‎experiences in pursuit of the Company's current business objectives; and statements that address activities, events, or ‎developments that the Company expects or anticipates will or may occur in the future. By their very nature, forward-looking statements involve known ‎and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from ‎any future results, performance or achievements expressed or implied by the forward-looking statements. Forward-looking statements relate to future events or future performance and reflect the Company's expectations or beliefs regarding future events. ‎Forward-looking information are based on the Company's management's reasonable assumptions, estimates, expectations, analyses and opinions, ‎which are based on such management's experience and perception of trends, current conditions and expected developments, and other factors ‎that management believes are relevant and reasonable in the circumstances, but which may prove to be incorrect. Such factors, among other ‎things, include the inherent risks involved in the cryptocurrency and general securities markets; the Company may not be able to profitably liquidate its current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on the Company's operations; the volatility of digital currency prices; uncertainties relating to the availability and costs of financing needed in the future; the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, currency fluctuations; regulatory restrictions, liability, competition, loss of key employees and other related risks and uncertainties: business integration risks; change in national and local governments, legislation, taxation, controls, regulations ‎and political or economic developments; inability to obtain adequate insurance to cover risks and hazards; employee relations, along with the other risks ‎and factors set forth in the Company's continuous disclosure filings.‎

The Company undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information ‎represents management's best judgment based on the information currently available. No forward-looking statement can be guaranteed, and ‎actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or ‎information.‎

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/246820

FAQ

Who is the new independent director appointed to Neptune Digital Assets (NPPTF)?

Tara Amiri, a partner at Gowling WLG with 15 years of legal experience, was appointed as non-executive, independent Director effective April 1, 2025.

What are Tara Amiri's qualifications for the NPPTF board position?

Amiri has 15 years of legal experience, expertise in corporate finance and securities, a Commerce degree from UBC, a Juris Doctorate from Windsor, and recognition in Best Lawyers in Canada.

Which committees will Tara Amiri serve on at Neptune Digital Assets?

Tara Amiri will serve on Neptune Digital Assets' audit committee.

Who did Tara Amiri replace on Neptune Digital Assets' board?

Tara Amiri replaced Mitchell Demeter, who resigned as Director but will continue supporting Neptune as an advisor.