VANCOUVER / TheNewswire / March 11, 2019 – Leis Industries Limited (NEX: LES.H) (“Leis” or the “Company”) is pleased to announce the appointment of Andreas Schleich to the Company’s board of directors as well as Chief Executive Officer of the Company. Mr. Schleich comes with 20 years of management expertise in the IT & Marketing industry and served as executive in multi-cultural and global environments in Germany, Denmark, Mexico and Canada.  He holds a BBA in Marketing and International Business.  

The Company also announces the resignation of Michael Konnert as director, president and chief executive officer. The Company thanks Mr. Konnert for his considerable contributions and wishes him the best in his future endeavours.

ON BEHALF OF THE BOARD

John LaGourgue
Director
1030 West Georgia Street, Unit 907

Vancouver, BC V6Y 2E3

 

Neither TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Statements:

Statements contained in this news release that are not historical facts are forward-looking statements that involve various risks and uncertainty affecting the business of Leis. Such statements can generally, but not always, be identified by words such as “expects”, “plans”, “anticipates”, “intends”, “estimates”, “forecasts”, “schedules”, “prepares”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur.

Forward-looking statements and information concerning anticipated financial performance are based on management’s assumptions using information currently available. Forward-looking statements in this news release include Leis’ expectations regarding the ability to complete, and the anticipated results of, the SOM acquisition, the funds that will be available to Leis upon completion of the SOM acquisition and the proposed development and expansion of Leis’ business.

In making the forward-looking statements in this news release, Leis has applied certain factors and assumptions that are based on information currently available to Leis as well as Leis’ current beliefs and assumptions made by Leis, including that Leis will be able to complete the SOM acquisition and that a strategic plan for the near and mid-term can be determined. Although Leis considers these beliefs and assumptions to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such risk factors include, among others, uncertainties in the development of SOM’s business, changes in the applicable regulatory regime, changes to the cryptocurrency market, and risks inherent in the development of a start-up plan business. Although Leis has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Leis does not undertake to update any forward-looking information, except in accordance with applicable securities laws.