22:34:31 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Element Nutritional Sciences Inc
Symbol ELMT
Shares Issued 118,313,680
Close 2023-10-10 C$ 0.06
Market Cap C$ 7,098,821
Recent Sedar Documents

Element Nutritional Sciences appoints Berk as adviser

2023-10-11 11:51 ET - News Release

Mr. Vito Sanzone reports

ELEMENT NUTRITIONAL SCIENCES APPOINTS ADAM BERK AS ADVISOR TO ACCELERATE COMMERCIALIZATION OF ELEMENT'S BRANDS

Element Nutritional Sciences Inc. has appointed Adam Berk as an independent adviser to aid the company to accelerate commercialization of its Rejuvenate and Promino brands.

Most recently, Mr. Berk was president of a renowned nutraceutical and vitamin company where he aided in acquisitions and helped grow the brand. Mr. Berk's most notable experience also includes over five years as chairman and chief executive officer of Stem Holdings Inc., three years as CEO of HYD for Men, one of the first niche mass market men's grooming companies which was acquired by private equity, and co-CEO of Osmio LLC. Osmio was the first patented food ordering delivery system and a global provider of Internet solutions for companies to facilitate the ordering of meals, catering and other services. Osmio was acquired by SeamlessWeb which was subsequently sold to GrubHub in 2013.

"Adam has strong credentials growing consumer brands in the North American retail channel, making him a great addition to the Element team. We are determined to boost our brand's presence across North America and, approaching our organization with a fresh lens, Adam is well positioned to drive us towards operational excellence. As an independent adviser and experienced entrepreneur, Adam joins us ready to help accelerate our growth trajectory and unlock shareholder value," said Vito Sanzone, chief executive officer of Element.

Pursuant to his agreement with the company, and subject to any required approvals of the Canadian Securities Exchange, Mr. Berk will receive initial compensation of 500,000 common shares of Element, and subsequently 350,000 common shares of Element vesting on each of Dec. 31, 2023, and March 1, 2024, and 300,000 common shares of Element vesting on June 30, 2024.

About Element Nutritional Sciences Inc.

Element is an innovative and research-driven Canadian nutraceutical company specializing in the development of patented and science-based products for the global consumer packaged goods market, with a portfolio focused specifically on muscle health. Element's lead product, Rejuvenate, is a patented proprietary formulation that is clinically proven to assist in the building, rebuilding, restoration and rejuvenation of natural muscle mass. Element also offers Promino, an elite performance supplement for both professional and amateur athletes to accelerate muscle recovery, build strength and accelerate recovery from injury. Element was founded in 2015 and is located in Burlington, Ont.

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