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SLANG Worldwide Announces Resignation of Director

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SLANG Worldwide Inc. (CSE: SLNG) (OTCQB: SLGWF) has announced the resignation of Todd Boudreau from its Board of Directors, effective immediately. Mr. Boudreau, who joined the Board in 2022, stepped down due to other commitments. Board Chair Ruth Chun expressed gratitude for Mr. Boudreau's contributions and expertise during his tenure, wishing him well in his future endeavors.

The company has provided contact information for CFO Mikel Rutherford and KCSA Strategic Communications for further inquiries. Interested parties can be added to SLANG's email distribution list by contacting SLNG@kcsa.com.

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News Market Reaction 1 Alert

-6.52% News Effect

On the day this news was published, SLGWF declined 6.52%, reflecting a notable negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Toronto, Ontario--(Newsfile Corp. - October 1, 2024) - SLANG Worldwide Inc. (CSE: SLNG) (OTCQB: SLGWF) ("SLANG" or the "Company"), today announced that Todd Boudreau has resigned from the Company's Board of Directors as a result of other commitments, effective immediately. Mr. Boudreau was first elected to the Board in 2022.

"The Board of Directors thanks Todd for his contributions to the Company and the direction he has provided over his tenure," said Ruth Chun, Board Chair. "The Company was fortunate to benefit from his expertise and wishes him well with all of his future endeavours," Ms. Chun concluded.

Company Contact
Mikel Rutherford, CFO
833-752-6499

KCSA Strategic Communications
Phil Carlson
SLANG@kcsa.com

To be added to SLANG's email distribution list, please email SLNG@kcsa.com with "SLNG" in the subject.

Forward-Looking Statements

This news release contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur.

Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management of SLANG at this time, are inherently subject to significant business, economic and competitive risks, uncertainties and contingencies that could cause actual results to differ materially from those expressed or implied in such statements. Investors are cautioned not to put undue reliance on forward-looking statements. Applicable risks and uncertainties include, but are not limited to regulatory risks, risks related to changes in laws, resolutions and guidelines, market risks, concentration risks, operating history, competition, the risks associated with international and foreign operations and the other risks identified under the headings "Risk Factors" in SLANG's disclosure documents available on the Company's profile on SEDAR+ at www.sedarplus.ca. SLANG is not under any obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

Reader Advisory

Neither the Canadian Securities Exchange nor the Canadian Investment Regulatory Organization 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/225299

FAQ

Why did Todd Boudreau resign from SLANG Worldwide's Board of Directors?

Todd Boudreau resigned from SLANG Worldwide's Board of Directors due to other commitments, as stated in the company's announcement on October 1, 2024.

When did Todd Boudreau join SLANG Worldwide's Board of Directors?

Todd Boudreau was first elected to SLANG Worldwide's Board of Directors in 2022.

Who is the Board Chair of SLANG Worldwide (SLGWF)?

Ruth Chun is the Board Chair of SLANG Worldwide, as mentioned in the press release.

How can investors be added to SLANG Worldwide's email distribution list?

Investors can be added to SLANG Worldwide's email distribution list by emailing SLNG@kcsa.com with 'SLNG' in the subject line.
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