New Interim CFO Strengthens Executive Team
Liquid Media Group Ltd. (NASDAQ: YVR) has announced the departure of Andy Wilson and the appointment of Sheri Rempel as Interim Chief Financial Officer. Rempel brings over 30 years of accounting and financial management experience, having served in senior financial roles for various public and private companies. She expressed enthusiasm about joining Liquid at a pivotal stage in the company’s development, emphasizing the importance of compliance and long-term shareholder value. Joshua Jackson, Chairman and Interim CEO, highlighted Rempel's extensive experience as vital for the company’s next phase.
- Appointment of Sheri Rempel as Interim CFO, enhancing financial leadership.
- Rempel's 30+ years of experience in public company financial management supports strategic growth.
- Departure of Andy Wilson could raise concerns about leadership stability.
VANCOUVER, British Columbia, July 22, 2022 (GLOBE NEWSWIRE) -- Liquid Media Group Ltd. (NASDAQ: YVR, the “Company”) announces that, effective immediately, Andy Wilson is no longer involved with the Company in any capacity. The Company has appointed Sheri Rempel as Interim Chief Financial Officer, effective immediately. Ms. Rempel has more than 30 years of accounting and financial management experience. Ms. Rempel started her career with public companies in 2001 and currently provides senior financial and advisory services to several Canadian private and public corporations, acting in Chief Financial Officer and controller capacities.
Sheri Rempel stated “I am excited to join Liquid at this inflection point in the company’s evolution. Liquid's end-to-end solution allows creators to take their professional content from inception through the entire process to monetization across their portfolio of complementary companies. I look forward to working with the team to ensure ongoing compliance and reporting as the company remains focused on delivering long-term shareholder value.”
Joshua Jackson, Chairman and Interim CEO of Liquid commented “We are delighted to welcome Sheri to the Liquid team. Sheri brings a wealth of public company knowledge and business experience, and will play a key role as the company transitions to its next stage of corporate development.”
About Liquid Media Group Ltd.
Liquid Media Group Ltd. (Nasdaq: YVR) is an entertainment company empowering independent IP creators. Liquid’s end-to-end solution enables professional video (film/TV and streaming) creation, packaging, financing, delivery, and monetization, empowering IP creators to take their professional content from inception through the entire process to monetization.
Additional information is available at www.LiquidMediaGroup.co.
Further information:
Investor / Business
Justin Kulik
CORE IR
justin@coreIR.com
Industry
Jane Owen
Jane Owen PR +1 (323) 819-1122
jane@janeowenPR.com
Cautionary Note Regarding Forward-Looking Statements
This news release includes statements containing certain "forward-looking information" within the meaning of applicable securities laws ("forward-looking statements"). Forward-looking statements are typically identified by words such as: "believe", "expect", "anticipate", "intend", "estimate", "potentially" and similar expressions, or are those, which, by their nature, refer to future events. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Such factors include, but are not limited to: developments related to the COVID-19 pandemic, regulatory actions, market prices, continued availability of capital and financing, and general economic, market or business conditions, as well as additional risks disclosed in the Company’s annual and quarterly financial reports available at www.sedar.com. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Accordingly, undue reliance should not be placed on forward‐looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. The Company is under no 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, except as expressly required by applicable law.
FAQ
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