(TheNewswire)
Montréal – TheNewswire- November 25,2022 – ZeU Technologies, Inc. (CSE:ZEU) (OTC:ZEUCF) would like to inform itsshareholders and stakeholders that Management has received aresignation letter from Ronald Aldor Eriksen in all capacities. Theboard of directors has accepted it.
Mr. Eriksen has resigned as Chairman and CEO of ZeUPayAS and as a director of ZeUPay Inc. All other directors and officersof these entities have also resigned.
Mr. Eriksen has also resigned as a director of ZeUTechnologies, Inc.
The director’s position on ZeU Technologies, Inc.'sboard will remain vacant to be available for candidates proposed inconnection with the ongoing acquisitions and restructuringdiscussions.
Effective immediately, the current board of directorsis now composed of these individuals:
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Frank Dumas, President, CEO Director
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Mark Billings, CFO & Director
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Neha Tally, Corporate Secretary Director
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The Honorable Lord Timothy Edward Razzall,Director
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Jasseem Allybokus , Director
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Patricia Popert-Fortier, COO Director
ON BEHALF OF THE BOARD OF DIRECTORS
“NehaTally”
NEHA EDAH TALLY, Director & CorporateSecretary.
About ZeU
ZeU is a forward-thinking Canadian technology companythat has developed a state-of-the-art DLT protocol, providing thefoundation for the next generation of encrypted and distributednetworks. Thanks to its high level of sophistication, ZeU’stechnology maximizes transparency, security and scalability, as wellas big data management. ZeU’s strategy is to monetize DLTtransactions in diverse sectors such as payment, gaming, data, andhealthcare.
The Canadian Securities Exchange(CSE) has not reviewed and does not accept responsibility for theadequacy or the accuracy of the contents of this release.
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