Elixxer Announces Appointment of Edward Milewski as a Director

Rhea-AI Summary

Elixxer (TSXV: ELXR) has announced the appointment of Edward Milewski as an independent director. Milewski brings 35 years of experience as a financial advisor and established ERM Consulting in 2012, providing advice to public small cap companies across Canada. He currently co-hosts 'Midas Letter Raw,' an investment show focusing on Canadian markets analysis.

Milewski holds a B. Comm from University of Windsor (1973) and obtained his CA designation in 1976. His previous board experience includes directorships at Pasofino Gold and Western Troy Capital Resources. He will serve on Elixxer's audit committee as an independent director, replacing Alex Kanayev.

Positive

• Addition of director with 35 years of financial advisory experience
• Strengthening of audit committee with experienced CA designation holder
• Appointment brings small cap companies expertise through consulting background

Negative

• None.

Toronto, Ontario--(Newsfile Corp. - February 12, 2025) - Elixxer Ltd. (TSXV: ELXR) ("Elixxer" or the "Company") is pleased to announce that Edward Milewski has been appointed as an independent director of the Company.

Mr. Milewski is an accomplished senior executive and has worked as a financial advisor with various investment firms for 35 years. He established a professional consulting firm, ERM Consulting, in 2012 which provides independent advice to public small cap companies across Canada. He is currently co-host of the investment show "Midas Letter Raw" which provides fundamental and technical analysis and advice on the current Canadian markets. Mr. Milewski graduated from University of Windsor with a B. Comm in 1973. Edward obtained his CA designation in 1976. He previously served as a director of Pasofino Gold Ltd. and Western Troy Capital Resources Inc. Due to Edward's financial background, knowledge and experience working in capital markets and having previously served as director of publicly traded Companies, the Company feels he will be an excellent fit for this role as an independent director and will strengthen the Company's board. Mr. Milewski will form part of the audit committee as an independent director, replacing Alex Kanayev.

About Elixxer Ltd.
Elixxer is a Canadian public company listed on the TSX Venture Exchange (TSXV: ELXR) and the US OTC-Pink exchange (OTC Pink: ELIXF). Elixxer is an investment company with investments in Canada and other countries and is currently looking for new high growth opportunities to invest in.

For further information please contact:

Karim Mecklai, Chief Executive Officer, 416-877-3153

Neither the 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/240495

FAQ

Who is the new independent director appointed to Elixxer (TSXV: ELXR)?

Edward Milewski has been appointed as an independent director of Elixxer. He brings 35 years of financial advisory experience and will serve on the audit committee.

What is Edward Milewski's professional background before joining ELXR?

Edward Milewski has 35 years of experience as a financial advisor, founded ERM Consulting in 2012, and co-hosts 'Midas Letter Raw'. He holds a CA designation and previously served as director for Pasofino Gold and Western Troy Capital Resources.

What role will Edward Milewski take on Elixxer's audit committee?

Edward Milewski will serve as an independent director on Elixxer's audit committee, replacing Alex Kanayev.

What are Edward Milewski's educational qualifications?

Edward Milewski graduated from University of Windsor with a B. Comm in 1973 and obtained his CA designation in 1976.