Revitalist Updates Infrastructure for Aggressive Growth Strategy in 2022

Rhea-AI Summary

Revitalist Lifestyle and Wellness Ltd. (CSE: CALM, OTCQB: RVLWF) announces strategic growth opportunities in the psychedelic wellness sector. CEO Kathryn Walker highlights the company’s expansion following board member resignations, including Patrick Gray and Aaron Bowden, effective August 18, 2022. New board members Corby Marshall and Kevin Murray bring extensive experience in leadership and finance, respectively. This restructuring aims to enhance Revitalist's mission, particularly in veteran wellness and diversified revenue generation.

Positive

• Appointment of experienced board members Corby Marshall and Kevin Murray to drive strategic growth.
• Focus on expanding opportunities in the psychedelic wellness sector.
• Leadership change seen as a move towards enhancing revenue diversification.

Negative

• None.

VANCOUVER, British Columbia--(BUSINESS WIRE)-- REVITALIST LIFESTYLE AND WELLNESS LTD. (“Revitalist” or the “Company”) (CSE: CALM) (OTCQB: RVLWF) (FSE: 4DO), a Veteran and Nurse lead ketamine wellness company, is pleased to report updated company structures aligning the mission of the company for aggressive strategic growth opportunities in the psychedelic wellness field.

Revitalist CEO, Kathryn Walker states, “Revitalist continues to excel in an unprecedented manner leading to expansive opportunities in the psychedelic wellness space. While we greatly appreciate the inaugural board members, Patrick Gray and Aaron Bowden, we have accepted their resignation as of August 18, 2022.

We are grateful to welcome Corby Marshall and Kevin Murray as incoming board members. Mr. Marshall comes to Revitalist as a West Point graduate with expansive experience allowing us to have a distinguished community leader aggressively expanding our mission for veterans while keeping a “true north” mission.

Mr. Murray’s decades of specialized global finance experience allows us the capacity to move aggressively in a realm of financial opportunities helping us to diversify our revenue streams in various capacities leading to exponential growth.

The future is just beginning and we are grateful to be a part of it.”

On Behalf of the Board

Kathryn Walker

Chief Executive Officer

Twitter: @RevitalistCorp

Facebook: @RevitalistLifestyleandWellnessLtd.

Instagram: @RevitalistCorp

LinkedIn: @RevitalistLifestyleAndWellnessLtd

Forward Looking Statements

This news release contains forward-looking statements and information within the meaning of applicable securities legislation. Forward looking statements or information involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Revitalist to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements or information contained in this news release.

Risks, uncertainties, and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220829005251/en/

For further information please contact:

Revitalist Lifestyle and Wellness Ltd.

Email: Info@Revitalist.com

Tel: (865) 585-8414

Source: Revitalist Lifestyle and Wellness Ltd.

FAQ

What recent changes occurred in Revitalist Lifestyle and Wellness Ltd.'s board?

Revitalist announced the resignation of board members Patrick Gray and Aaron Bowden, effective August 18, 2022, and welcomed Corby Marshall and Kevin Murray.

What is the strategic focus of Revitalist Lifestyle and Wellness Ltd. in the coming years?

The company aims to pursue aggressive growth opportunities within the psychedelic wellness field.

How does Revitalist Lifestyle and Wellness Ltd. plan to diversify its revenue?

By leveraging the expertise of new board members, the company intends to explore various financial opportunities for revenue diversification.

What is the significance of the new board member appointments at Revitalist?

The appointments are expected to drive Revitalist's mission forward, particularly in veteran wellness and financial growth.