Intellabridge Announces Changes to the Board of Directors

Rhea-AI Summary

Intellabridge Technology (CSE: KASH) (OTCQB: KASHF) announced the resignation of Ms. Lee Fan from its Board of Directors, effective January 24, 2025. Fan, who joined the Board in March 2022, stepped down due to personal commitments.

CEO John Eagleton acknowledged Fan's contributions, highlighting her strategic insights and commitment to governance during her tenure. The Board is actively evaluating candidates to fill the vacancy and will announce a new appointment in due course.

The company stated this change does not constitute a material change and emphasized its ongoing commitment to maintaining high standards of leadership and governance while focusing on delivering long-term shareholder value.

Vancouver, British Columbia--(Newsfile Corp. - February 7, 2025) - Intellabridge Technology Corporation (CSE: KASH) (OTCQB: KASHF) (FSE: KASH) ("Intellabridge" or the "Company") announces the resignation of Ms. Lee Fan from its Board of Directors, effective January 24, 2025.

Board Resignation

Ms. Lee Fan, who joined the Board in March, 2022, has stepped down due to personal commitments. During her tenure, she provided valuable insights and contributed significantly to the Company's strategic objectives and governance framework.

In a statement, Mr. John Eagleton, CEO, said:

"We deeply appreciate Ms. Lee Fan's contributions to the Company. She brought a wealth of experience, strategic insight, and a strong commitment to good governance. We wish her all the best in her future endeavors."

The Board of Directors expressed its gratitude to Ms. Fan for her service and dedication and is actively evaluating candidates to fill the vacancy. The Company will announce a new appointment in due course.

Commitment to Leadership and Governance

Intellabridge remains committed to maintaining a high standard of leadership and governance while focusing on delivering long-term value to its shareholders and stakeholders. Further updates regarding the Board appointment will be provided as they become available.

The information contained herein does not constitute a material change to the Company.

About Intellabridge Technology Corporation

Intellabridge Technology Corporation (CSE: KASH) (OTCQB: KASHF) (FSE: KASH) is a fintech company in the business of impact finance with a mission to make every transaction have a positive impact on the world through cashback solutions and automated customizable donations to charitable organizations based on the United Nations Sustainable Development Goals.

For more information on Intellabridge, visit www.intellabridge.com. For more information on the Karma impact finance product, visit getkarmacard.com.

ON BEHALF OF THE BOARD of DIRECTORS

INTELLABRIDGE TECHNOLOGY CORPORATION

"John Eagleton"
John Eagleton, CEO

To contact Intellabridge:
Website: intellabridge.com
Phone: +1-303-800-5333
Email: maria@intellabridge.com

The CSE does not accept responsibility for the adequacy or accuracy of this release.

This news was previously released on the CSE and OTC Market on January 30, 2025 and through SEDAR on February 3, 2025. It is being published again to ensure dissemination to all platforms.

Forward-Looking Statements

This news release contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively "forward-looking statements"). The use of any of the words "will", "plan", "on track", "possible", "anticipated" and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Such forward-looking statements should not be unduly relied upon. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. The Company believes the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct. The Company does not undertake to update these forward-looking statements, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/239995

FAQ

When did Lee Fan resign from Intellabridge's Board of Directors (KASHF)?

Lee Fan resigned from Intellabridge's Board of Directors effective January 24, 2025.

How long did Lee Fan serve on Intellabridge's (KASHF) Board?

Lee Fan served on Intellabridge's Board from March 2022 until January 24, 2025.

What is Intellabridge's (KASHF) plan to replace the departing board member?

Intellabridge is actively evaluating candidates to fill the vacancy and will announce a new appointment in due course.

Is Lee Fan's resignation considered a material change for Intellabridge (KASHF)?

No, according to the company, this board change does not constitute a material change to Intellabridge.