Received by email:

File: '\\doc\emailin\20201117 132009 Attachment Element 2020 NR2 - Element Lifestyle Retirement Director Resignation 2
--->0201117.docx'









FOR IMMEDIATE RELEASE


Element Lifestyle Retirement Director Resignation


NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

 
November 17, 2020 - Vancouver, BC - Element Lifestyle Retirement Inc. (the "Company" or "Element") (TSX.V: ELM) announ
--->ces the resignation of Mr. Stanley Kwok as a Director of the Company effective immediately. The Board thanks Mr. Kwok 
--->for his service and contributions to Element and wishes him success in his future endeavours. 


CONTACT INFORMATION

Element Lifestyle Retirement Inc.
Michael Diao
Chief Executive Officer and Director
(604) 676-1418
www.ElementLiving.com


About Element Lifestyle Retirement 

Element was established in June 2013 in Vancouver, British Columbia. It is in the business of providing specialized de
--->velopment expertise and flexible, innovative management services for senior retirement communities. The core business 
--->of Element is the development and management of third party assets in the "senior retirement community" space. Element
---> aspires to be one of the most respected senior living specialists in North America, and to revolutionize the percepti
--->on and experience of retirement and aging. Its brand differentiator, setting Element apart from others in the retireme
--->nt industry, is the integration of two unique models: the "Continuum-of-Lifestyles" and "intergenerational living", en
--->compassing a smooth, seamless transition for seniors from independence to assisted living to complex care, and program
--->ming to actively facilitate connection of residents to their families. The management team of Element, collectively, h
--->as over 50 years of experience developing and operating retirement communities.

ON BEHALF OF THE BOARD 
ELEMENT LIFESTYLE RETIREMENT INC. 
Michael Diao, Chief Executive Officer and Director 


Forward-looking Statement Caution 

This news release contains "forward-looking information" within the meaning of applicable securities laws relating to 
--->development of Element's business, including statements regarding timing of site excavation, timing for applying for b
--->uilding permit, assessing opportunities and advancing the Company's plans. Although the Company believes in light of t
--->he experience of its officers and directors, current conditions and expected future developments and other factors tha
--->t have been considered appropriate that the expectations reflected in this forward-looking information are reasonable,
---> undue reliance should not be placed on them because the Company can give no assurance that they will prove to be corr
--->ect. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments
---> may differ materially from those contemplated by these statements depending on, among other things, the risks associa
--->ted with Element's business as disclosed in the Company's most recently filed MD&A. The statements in this news releas
--->e are made as of the date of this release. The Company undertakes no obligation to update or revise any forward-lookin
--->g information, whether as a result of new information, future events or otherwise, except as required by applicable se
--->curities laws.

Neither TSX Venture Exchange 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.


PDF Document

File: Attachment Element 2020 NR2 - Element Lifestyle Retirement Director Resignation 20201117.pdf

FOR IMMEDIATE RELEASE



               Element Lifestyle Retirement Director Resignation


  NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
                                 UNITED STATES


November 17, 2020   Vancouver, BC - Element Lifestyle Retirement Inc. (the "Company" or
"Element") (TSX.V: ELM) announces the resignation of Mr. Stanley Kwok as a Director of the Company
effective immediately. The Board thanks Mr. Kwok for his service and contributions to Element and wishes
him success in his future endeavours.


CONTACT INFORMATION

    dot   Element Lifestyle Retirement Inc.
        Michael Diao
        Chief Executive Officer and Director
        (604) 676-1418
        www.ElementLiving.com


About Element Lifestyle Retirement

Element was established in June 2013 in Vancouver, British Columbia. It is in the business of providing
specialized development expertise and flexible, innovative management services for senior retirement
communities. The core business of Element is the development and management of third party assets in
the "senior retirement community" space. Element aspires to be one of the most respected senior living
specialists in North America, and to revolutionize the perception and experience of retirement and aging. Its
brand differentiator, setting Element apart from others in the retirement industry, is the integration of two
unique models: the "Continuum-of-Lifestyles" and "intergenerational living", encompassing a smooth,
seamless transition for seniors from independence to assisted living to complex care, and programming to
actively facilitate connection of residents to their families. The management team of Element, collectively,
has over 50 years of experience developing and operating retirement communities.

ON BEHALF OF THE BOARD
ELEMENT LIFESTYLE RETIREMENT INC.
Michael Diao, Chief Executive Officer and Director


Forward-looking Statement Caution

This news release contains "forward-looking information" within the meaning of applicable securities laws
relating to development of Element's business, including statements regarding timing of site excavation,
timing for applying for building permit, assessing opportunities and advancing the Company's plans.
Although the Company believes in light of the experience of its officers and directors, current conditions and
expected future developments and other factors that have been considered appropriate that the
expectations reflected in this forward-looking information are reasonable, undue reliance should not be
placed on them because the Company can give no assurance that they will prove to be correct. Readers
 are cautioned to not place undue reliance on forward-looking information. Actual results and developments
may differ materially from those contemplated by these statements depending on, among other things, the
risks associated with Element's business as disclosed in the Company's most recently filed MD&A. The
statements in this news release are made as of the date of this release. The Company undertakes no
obligation to update or revise any forward-looking information, whether as a result of new information, future
events or otherwise, except as required by applicable securities laws.

Neither TSX Venture Exchange 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.