Safe Supply Streaming Co. Ltd. Announces Board Member Resignation
Rhea-AI Summary
Safe Supply Streaming Co. (CSE: SPLY) (FSE: QM4) (OTCQB: SSPLF) announced the resignation of Brian Tanner from its Board of Directors on December 17, 2024. The company's board is evaluating options regarding future board composition and will announce any replacement when identified. CEO Bill Panagiotakopoulos stated that the company continues to focus on reviewing investments in emerging tech and medical testing companies while addressing healthcare challenges.
Positive
- None.
Negative
- Board member resignation without immediate replacement indicates potential governance uncertainty
- Lack of clear succession plan or timeline for new board member appointment
News Market Reaction 1 Alert
On the day this news was published, SSPLF declined 48.36%, reflecting a significant negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Toronto, Ontario--(Newsfile Corp. - December 17, 2024) - Safe Supply Streaming Co. Ltd. (CSE: SPLY) (FSE: QM4) (OTCQB: SSPLF) ("Safe Supply" or "the Company") announces today that Brian Tanner has resigned from the Company's Board of Directors.
The Board is considering the Company's options with respect to the future composition of the Board and will issue a further news release if and when a replacement is identified.
Bill Panagiotakopoulos, CEO of Safe Supply, commented: "The Company would like to thank Brian for lending his time and expertise to executing Safe Supply's strategies. We continue to look to review investments in emerging tech and medical testing companies and press forward in addressing current healthcare challenges."
About Safe Supply Streaming Co Ltd.
Safe Supply, listed on the Canadian Securities Exchange, focuses on acquiring, investing in, and developing businesses within the medical, wellness, and technology sectors. The Company is committed to driving shareholder value by leveraging innovative, technology-driven solutions to address critical healthcare and wellness needs.
For more information, please contact:
Bill Panagiotakopoulos
Chief Executive Officer and Director
Email: info@safesupply.com
Telephone: (416) 566-3872
Website: www.safesupply.com
The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.
Forward-Looking Information and Statements
This press release contains forward-looking statements. All statements, other than statements of historical fact, that address activities, events, or developments that the Company believes, expects, or anticipates will or may occur in the future are forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties that may cause actual results to differ materially from those contained in the forward-looking statements.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/234262