May 25, 2018 – MONTREAL, QUEBEC – Relevium Technologies Inc. (TSX.V: “RLV”, OTCQB: “RLLVF” and Frankfurt: “6BX”) (the “Company” or “Relevium”), is pleased to announce it has appointed Mr. Faycal Salek CPA, CA as the Chief Financial Officer of the Company effective immediately.
Mr. Salek is a graduate in business administration from l’École des Hautes Études Commerciales (“HEC”) in Montreal and obtained a specialized degree from the HEC in public accounting in 2002, becoming a chartered accountant in 2004 and is a member of l’Ordre des Comptables Agréés du Québec (CPA, CA). Mr. Salek has acted as the CFO to several private and publicly traded corporations. Mr. Salek worked as for CPA Quebec as a Professional Inspector and was Vice-President Finance at Hitlab Inc., a music technology and social media corporation. Mr. Salek also worked at Petrie Raymond, Chartered Accountants LLP, as the Manager responsible for the audit of several public companies in the mining and technology fields.
Aurelio Useche, CEO of Relevium stated: “We would like to thank Mr. Waks for his years of services and welcome Mr. Salek to the Team.” Mr. Useche continued: “Mr. Salek has the ideal attributes and complimentary financial acumen to add immediate value to Relevium. Mr. Salek has begun streamlining the financial reporting function and we look forward to his active participation in the strategic planning process, performance optimization and modeling for mergers and acquisitions.”
About Relevium Technologies
Relevium is a TSXV-listed company focused on growth through the acquisition of businesses, products and/or technologies with a focus on e-commerce in the growing health and wellness sector. Relevium Technologies Inc. also holds patented intellectual property for the use of static magnetic fields for application on wearable devices.
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Cautionary Note Regarding Forward-Looking Statements
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, assumptions or expectations of future performance, including the timing and completion of the proposed acquisitions, are forward-looking statements and contain forward-looking information. Generally, forward- looking statements and information can be identified using forward-looking terminology such as “intends” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or “occur”. Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release, including the assumptions that the Company will be able to apply for and ultimately obtain an ACMPR licence, the proposed business of Biocannabix will develop as anticipated, that the Company will raise sufficient funds to develop the Biocannabix business, and that the Company will obtain all requisite regulatory approvals. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation, the risk that the proposed business developments may not occur as planned; the timing and receipt of requisite approvals and failure to raise sufficient funds. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward- looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.
On Behalf of the Board of Directors
RELEVIUM TECHNOLOGIES INC.
President and CEO
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