RABI:CC - Adrabbit Limited Announces Changes to Directors and Officers
(TheNewswire)
Vancouver, British Columbia - TheNewswire - December 13, 2023 - AdRabbit Limited (TSXV:RABI) (the “ Company ”) announcesthe departure of Noah Hershcoviz as Interim Chief Executive Officer,Interim Chief Financial Officer, Chairman, and director of theCompany. The Company wishes to thank Mr. Hershcoviz for his servicesand contributions.
The Company has appointed Moshe Cohen, a currentdirector of the Company and former VP of the Company, as the InterimChief Executive Officer and Interim Chief Financial Officer while theCompany searches for suitable replacements. This new appointment issubject to TSX Venture Exchange approval.
Following the management and director changes notedabove, the current directors and officers of the Company are: MosheCohen (Director, Interim Chief Executive Officer, and Interim ChiefFinancial Officer), Daniel-Paul Corsello (Director), and Fred Leigh(Director). The audit committee of the Companywill now be composed of: Moshe Cohen, Daniel-Paul Corsello, and Fred Leigh.
For further information, pleasecontact:
Moshe Cohen, Interim CEO, Interim CFO, and Director ofthe Company
Email: moshe@jade-ventures.com
NEITHER TSX VENTURE EXCHANGE NOR ITSREGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIESOF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACYOR ACCURACY OF THIS RELEASE.
Caution Regarding Forward-LookingInformation
The information in this news releaseincludes certain information and statements about management's view offuture events, expectations, plans and prospects that constituteforward-looking statements. Forward-looking statements are statementsthat relate to future, not past, events. In this context,forward-looking statements often address expected future events,plans, prospects, business, and financial performance, and oftencontain words such as “anticipate”, “believe”, “plan”,“estimate”, “expect”, and “intend”, statements that anaction or event “may”, “might”, “could”, “should”, or“will” be taken or occur, or other similar expressions. Allstatements, other than statements of historical fact, included hereinare forward-looking statements, including, without limitation,statements regarding the expectation regarding finding a suitablereplacement to the Company’s Chief Executive Officer and/or ChiefFinancial Officer. There area number of risks and uncertainties related to these forward-lookingstatements, which include, but are not limited to: the ability toidentify and attract a suitable replacement Chief Executive Officerand/or Chief Financial Officer and that the Exchange will not permitMr. Cohen to hold both the position of interim CEO and interim CFO atthe same time.
Although the Company has attemptedto identify important factors that could cause actual actions, events,conditions, results, performance, or achievements to differ materiallyfrom those described in forward-looking statements, there may be otherfactors that cause actions, events, conditions, results, performance,or achievements to differ from those anticipated, estimated orintended. There can be no assurance that forward-looking statementswill prove to be accurate, as actual results and future events coulddiffer materially from those anticipated in such statements.Forward-looking statements are provided for the purpose of providinginformation about management's expectations and plans relating to the future, as at the datethey are provided. The Company disclaims any intention or obligationto update or revise any forward-looking statements whether as a resultof new information, future events or otherwise, or to explain anymaterial difference between subsequent actual events and suchforward-looking statements, except to the extent required byapplicable law. Accordingly, investors should not place undue relianceon forward-looking statements. All the forward-looking statements areexpressly qualified by the foregoing cautionary statements.
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