Montréal – TheNewswire - November 25, 2022 – ZeU Technologies, Inc. (CSE:ZEU) (OTC:ZEUCF) would like to inform its shareholders and stakeholders that Management has received a resignation letter from Ronald Aldor Eriksen in all capacities. The board of directors has accepted it.
Mr. Eriksen has resigned as Chairman and CEO of ZeUPay AS and as a director of ZeUPay Inc. All other directors and officers of these entities have also resigned.
Mr. Eriksen has also resigned as a director of ZeU Technologies, Inc.
The director’s position on ZeU Technologies, Inc.'s board will remain vacant to be available for candidates proposed in connection with the ongoing acquisitions and restructuring discussions.
Effective immediately, the current board of directors is now composed of these individuals:
Frank Dumas, President, CEO Director
Mark Billings, CFO & Director
Neha Tally, Corporate Secretary Director
The Honorable Lord Timothy Edward Razzall, Director
Jasseem Allybokus, Director
Patricia Popert-Fortier, COO Director
ON BEHALF OF THE BOARD OF DIRECTORS
NEHA EDAH TALLY, Director & Corporate Secretary.
ZeU is a forward-thinking Canadian technology company that has developed a state-of-the-art DLT protocol, providing the foundation for the next generation of encrypted and distributed networks. Thanks to its high level of sophistication, ZeU’s technology maximizes transparency, security and scalability, as well as big data management. ZeU’s strategy is to monetize DLT transactions in diverse sectors such as payment, gaming, data, and healthcare.
The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.