Safe Supply Streaming Corp. Adds Executive Depth with Appointment of Paolone to the Board

Rhea-AI Summary

Safe Supply Streaming Corp. (CSE: SPLY) has appointed Richard Paolone to its Board of Directors, enhancing its executive depth. Paolone, a Toronto-based securities lawyer, brings extensive experience in corporate finance, securities law, and M&A. He has been advising Safe Supply on strategic business initiatives and has a track record of representing companies in public and private offerings across various sectors.

The company has also issued 1,000,000 options to Directors, priced at $0.05, expiring in three years, and vesting quarterly. Safe Supply Streaming Corp. is focused on transforming the med-tech landscape through innovative technologies, aiming to enhance healthcare and safety while driving stakeholder value.

Positive

• Appointment of experienced securities lawyer Richard Paolone to the Board of Directors
• Paolone's expertise in corporate finance, securities law, and M&A could benefit strategic initiatives
• Issuance of 1,000,000 options to Directors, potentially aligning their interests with shareholders

Negative

• Dilution of shareholder value due to issuance of 1,000,000 new stock options

Toronto, Ontario--(Newsfile Corp. - September 13, 2024) - Safe Supply Streaming Corp. (CSE: SPLY) is pleased to announce that the Company has added to its executive bench strength with the appointment of Richard Paolone to its Board of Directors.

Richard Paolone is a Toronto-based securities lawyer with extensive experience in corporate finance, securities law, and mergers and acquisitions. Currently lending his expertise to Safe Supply, he plays a key role in advising on a range of strategic business initiatives. Mr. Paolone has represented numerous companies in both private and public offerings of debt and equity securities, showcasing his comprehensive understanding of capital markets and regulatory environments. His legal counsel has been pivotal to a number of successful M&A and go-public transactions, spanning diverse industries including mining, cannabis, carbon credits, oil and gas, technology, and plant-based food sectors.

In addition to his transactional work, Mr. Paolone has built a robust reputation as a trusted advisor to management teams and boards, ensuring legal and regulatory compliance while facilitating business growth. His broad experience also includes serving as a director or officer for several private and publicly traded companies, where he continues to provide strategic insights and governance expertise to help guide their success in competitive markets.

Additionally, Safe Supply Streaming Corp. announces that 1,000,000 options have been issued to Directors of the Company. The options are priced at $0.05, expiring three years from the dates of issuance and vesting quarterly with the first 25% vesting on the date they are granted.

About Safe Supply Streaming Corp.

Safe Supply Streaming Corp. (CSE: SPLY) is at the forefront of transforming the med-tech landscape, committed to leveraging innovative technologies to enhance healthcare and safety. With a strategic focus on growth and development, the company is dedicated to providing advanced solutions and driving substantial value for its stakeholders.

Investor Relations Contact:
Safe Supply Streaming Corp.
Email: info@safesupply.com

Bill Panagiotakopoulos
Chief Executive Officer and Director
bill@safesupply.com
Website: www.safesupply.com

Forward-Looking Information and Statements

This press release contains forward-looking statements. All statements, other than statements of historical fact, that address activities, events, or developments that the Company believes, expects, or anticipates will or may occur in the future are forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties that may cause actual results to differ materially from those contained in the forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/223237

FAQ

Who is Richard Paolone and what is his role in Safe Supply Streaming Corp (SSPLF)?

Richard Paolone is a Toronto-based securities lawyer who has been appointed to the Board of Directors of Safe Supply Streaming Corp (SSPLF). He brings extensive experience in corporate finance, securities law, and mergers and acquisitions to the company.

What are the details of the stock options issued by Safe Supply Streaming Corp (SSPLF) on September 13, 2024?

Safe Supply Streaming Corp (SSPLF) issued 1,000,000 options to its Directors on September 13, 2024. These options are priced at $0.05, have a three-year expiration, and vest quarterly with the first 25% vesting on the grant date.

What is the main focus of Safe Supply Streaming Corp (SSPLF) as mentioned in the press release?

Safe Supply Streaming Corp (SSPLF) is focused on transforming the med-tech landscape by leveraging innovative technologies to enhance healthcare and safety. The company is committed to providing advanced solutions and driving substantial value for its stakeholders.