Xylitol Canada Announces Changes to Its Board of Directors
(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 04/28/15 -- Xylitol Canada Inc. ("Xylitol Canada", or the "Company") (TSX VENTURE: XYL) wishes to announce the resignation of Horst Hueniken as a director of the board. Horst served as a valuable member of the board and the Company would like to thank him for his contributions. Xylitol Canada wishes Horst all the best in his future endeavors.
Xylitol Canada is pleased to announce the appointment today of Muneeb Yusuf to its board of directors. Muneeb''s appointment to the board coincides with his upcoming appointment as Vice President, Legal, of Dundee Agricultural Corporation.
Previously, Muneeb was General Counsel, VP Risk of Blue Goose Capital Corp (a Dundee subsidiary), was General Counsel of Essar Steel Algoma Inc., and formerly an attorney at Stikeman Elliott LLP. He holds a Juris Doctor from Osgoode Hall Law School, a Masters of Business Administration (finance specialization) from the Schulich School of Business and an Honors Bachelors of Science degree from the University of Toronto. Muneeb has sat on the board of directors of a number of public and private companies and currently sits on the board of directors of Parkinson Society Canada.
About Xylitol Canada Inc.
Xylitol Canada markets xylitol and xylitol-based products and is focused on becoming a major low-cost manufacturer of xylitol and related products, serving the global market from operations in North America.
Xylitol Canada''s business strategy is to leverage novel proprietary technology and processes to become North America''s premier manufacturer of low cost, high quality xylitol from readily available environmentally-sustainable biomass. Xylitol is an all-natural sweetener which is marketed globally including Canada and the United States and is accepted by the American Food and Drug Administration, the World Health Organization and the American Dental Association. Xylitol contains 75% less carbohydrates and 40% less calories than sugar, has a myriad of oral health benefits including the prevention of tooth decay and is safe for diabetics. To date, wider spread use of xylitol has been limited by the lack of a reliable, low cost, high quality supplier.
Neither TSX Venture Exchange Inc. 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.
Contacts:
Xylitol Canada Inc.
Andrew Reid
416-288-1019
Xylitol Canada Inc.
Matt Willer
303-991-1999
Xylitol Canada Inc.
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Datum: 28.04.2015 - 14:23 Uhr
Sprache: Deutsch
News-ID 1354779
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