Justera Announces Changes to Management

Rhea-AI Summary

Justera Health Ltd. (CSE: VTAL) (OTC Pink: SCRSF) appoints Young Cho Lee as the new Chief Executive Officer, replacing former CEO Edward Park. Mr. Lee, a finance expert with experience at LG Group, aims to lead the company through a transformative period.

Toronto, Ontario--(Newsfile Corp. - December 12, 2023) - Justera Health Ltd. (CSE: VTAL) (OTC Pink: SCRSF) ("Justera" or the "Company") is pleased to announce changes to its management. Young Cho Lee, also a member of the Company's Board of Directors, has been appointed as the new Chief Executive Officer of the Company ("CEO"), effective today.

Mr. Lee is a distinguished finance expert with a BA in Accounting and MBA from Hanyang University in South Korea. He worked in the accounting, finance, and auditing departments at LG Group headquarters, overseeing all its subsidiaries, including LG Electronics, LG Construction, and LG Chemicals. Mr. Lee was responsible for management and consulting projects, specializing in M&A and restructuring.

Former CEO and Director, Edward Park, has stepped down from the management and the Board due to personal reasons. The Company would like to thank Mr. Park for his contributions to the Company and wish him luck with his future endeavours.

"I am honored to step into the role of CEO during this transformative period. Building on our recent business development and achievements, I am enthusiastic about steering the company toward greater success. Drawing from my background, I am committed to strengthening our foundation and driving increased sales. I am excited about the opportunities ahead and the positive impact we will make in the health and wellness industry," said Young Cho Lee, newly appointed Chief Executive Officer of the Company.

About Justera Health

Established in 2020, Justera Health Ltd. is a Canadian Company focused on health and wellness. Through its services, innovative products, strategic partnerships, Justera empowers individuals to prioritize their well-being. With four subsidiaries, it offers personalized healthcare services and solutions, such as IV Vitamin Therapy, premium nutritional supplements through its Naturevan Nutrition brand, a full 360-degree wellness and spa experience through Juillet Wellness that provides registered massage therapy, acupuncture, and new retail stores in Vancouver. Justera's mission is to enhance Canadians overall well-being with diverse solutions catering to individual needs.

For additional information on Justera Health and other corporate information, please visit the Company's website at https://www.justerahealth.com/.

For more information about the Company, please refer to the Company's profile on SEDAR+ at www.sedarplus.com.

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

For further information:

Investor Relations & Communications

Young Cho Lee, CEO

Email: info@justerahealth.com

Forward-Looking Statements:

Certain statements contained in this news release may constitute forward-looking information, including statements relating to the future development of Justera's business. Forward-looking information is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will", "intend", "should", and similar expressions. Forward-looking information involves known and unknown risks, uncertainties, and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. The actual results of Justera could differ materially from those anticipated in this forward-looking information as a result of regulatory decisions, competitive factors in the industries in which Justera operates, prevailing economic conditions, changes to Justera's strategic growth plans, and other factors, many of which are beyond the control of Justera. Management of Justera believes that the expectations reflected in the forward-looking information herein are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Any forward‐looking information contained in this news release represents Justera's expectations as of the date hereof and is subject to change after such date. Justera disclaims any intention or obligation to update or revise any forward‐looking information whether as a result of new information, future events, or otherwise, except as required by applicable securities legislation.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/190609

FAQ

Who is the new CEO of Justera Health Ltd. (CSE: VTAL) (OTC Pink: SCRSF)?

Young Cho Lee has been appointed as the new Chief Executive Officer of Justera Health Ltd.

What is Young Cho Lee's background and experience?

Mr. Lee is a distinguished finance expert with a BA in Accounting and MBA from Hanyang University in South Korea. He worked in the accounting, finance, and auditing departments at LG Group headquarters, overseeing all its subsidiaries, including LG Electronics, LG Construction, and LG Chemicals. Mr. Lee was responsible for management and consulting projects, specializing in M&A and restructuring.

Why did the former CEO, Edward Park, step down?

Mr. Park has stepped down from the management and the Board due to personal reasons.

What are the recent business developments and achievements mentioned in the PR?

The PR mentions recent business developments and achievements that Mr. Lee aims to build on, but does not provide specific details.

What are the ticker symbols for Justera Health Ltd.?

The ticker symbols for Justera Health Ltd. are CSE: VTAL and OTC Pink: SCRSF.