Starrex International Announces Appointment of Independent Director

Rhea-AI Summary

Starrex International, (CSE:STX)(OTCQB:STXMF) has appointed David Lowe as an independent Canadian director to its board. Mr. Lowe brings extensive business experience, including his recent role as President and CEO of Southpaw Technology Inc., which he successfully led from startup to sale in March 2024. The company's board anticipates valuable contributions from Mr. Lowe to ongoing operations.

This strategic appointment aims to strengthen Starrex's leadership and potentially bring fresh perspectives to the company's direction. For further information, investors can contact Charles Burns (Interim CEO), Debbie Merritt (CFO), or Scott Koyich (Investor Relations).

Positive

• Appointment of David Lowe as an independent director with extensive business and public company experience
• Potential for valuable input and fresh perspectives on company operations from the new board member
• Successful track record of the new director in leading a startup to a profitable sale

Negative

• None.

News Market Reaction

%

1 alert

% News Effect

On the day this news was published, STXMF declined NaN%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

CALGARY, AB / ACCESSWIRE / August 6, 2024 / Starrex International, Ltd. ("Starrex" or the "Company") (CSE:STX)(OTCQB:STXMF) announces that it has appointed David Lowe to its board of directors as an independent Canadian director. Mr. Lowe brings an extensive background in business with public company experience. His most recent position was as President and CEO for Southpaw Technology Inc., a company he shepherded from startup to a successful sale in March of this year. The Board looks forward to Mr. Lowe's valuable input for the Company's ongoing operations.

For further information please contact:

Charles Burns, Interim CEO: cburns@bayshore.ca or Debbie Merritt, Chief Financial Officer of Starrex, at (281) 406-8621, email address: dmerritt@starrexintl.com,
Scott Koyich, Investor Relations, Brisco Capital Partners, (403) 619-2200 | scott@briscocapital.com

Additional Information

Additional information relating to Starrex and other public filings, is available on SEDAR at www.sedar.com.

Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Starrex International, Ltd.

View the original press release on accesswire.com

FAQ

Who is the new independent director appointed to Starrex International's board?

David Lowe has been appointed as the new independent Canadian director to Starrex International's (STXMF) board of directors.

What is David Lowe's background and experience?

David Lowe has an extensive background in business with public company experience. His most recent position was President and CEO of Southpaw Technology Inc., which he led from startup to a successful sale in March 2024.

When was the announcement of the new director appointment made by Starrex International (STXMF)?

Starrex International (STXMF) announced the appointment of David Lowe as an independent director on August 6, 2024.

How might David Lowe's appointment impact Starrex International (STXMF)?

The board of Starrex International (STXMF) anticipates that David Lowe will provide valuable input for the company's ongoing operations, potentially bringing fresh perspectives and expertise to the company's direction.