Post by
SolidInvestment on Aug 22, 2019 10:04am
News. Compensation for doing absolutely nothing...
Orion CFO Cherry, secretary Urata resign 2019-08-22 02:26 ET - News Release Mr. Jonathan Fiteni reports ORION NUTRACEUTICALS ANNOUNCES RESIGNATIONS OF MANAGEMENT AND SHARES FOR SERVICES Christopher Cherry has resigned as chief financial officer and a director of Orion Nutraceuticals Inc., and Jan Urata has resigned as corporate secretary of the company. The company would like to thank Mr. Cherry and Ms. Urata for their contributions to the company and wishes them well with their future endeavours. The company also announces that it will issue a total of 460,000 common shares of the company at a deemed price of 10 cents per share to Jonathan Fiteni, chief executive officer and a director of the company, for certain consulting services provided to the company owed totalling approximately $46,000. The shares issued to Mr. Fiteni will be subject to a four-month-and-one-day hold period. About Orion Nutraceuticals Inc. Orion Nutraceuticals aims to set a new standard in cannabis life science by producing and developing innovative products with key strategic partners in the industry. In conjunction with its professional sports strategic alliances, the company is poised to advance research and development in the plant science sector, deliver science-based products and services, and market CBD (cannabidiol) therapies to the mainstream with proprietary brands and products. 2019 Canjex Publishing Ltd. All rights reserved.