NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
NEW YORK, Sept. 23, 2019 (GLOBE NEWSWIRE) -- Inspira Financial Inc. (the “Company”) (TSXV:LND) today announced that Michael Dalsin has been appointed interim Chief Financial Officer of the Company. The board of directors thanks Rodrigo Mera for his tenure.
In addition, the board of directors of the Company has approved an option grant of 687,621 stock options, expiring in 5 years, to Randy Berholtz, a director of the Company, at an exercise price of $0.14 per share. All options will be subject to a four month hold. Of the options granted, one-third vest only in the event the Company makes one investment based on an introduction by Mr. Bernholtz, and another third vest only in the event the Company makes a second investment based on an introduction by Mr. Bernholtz.
The securities referred to in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements. This news release does not constitute an offer for sale of securities, nor a solicitation for offers to buy any securities. Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Inspira Financial Inc.
Michael Dalsin
Chairman
1 (844) 877-7562
IR@inspirafin.com
www.inspirafin.com
