02:11:24 EDT Sat 27 Apr 2024
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or Name
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NTG Clarity Networks Inc
Symbol NCI
Shares Issued 56,102,355
Close 2020-03-17 C$ 0.02
Market Cap C$ 1,122,047
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ORIGINAL: NTG Clarity Announces the Resignation of Directors

2020-03-20 18:04 ET - News Release

(via TheNewswire)



Toronto, ON - T heNewswire - March 20, 2020 - NTG Clarity Networks Inc. (TSXV:NCI) , announces the resignation of three of its directors, including the two independent Board members.

Due to the economic situation and the inability of NTG to renew its Directors and Officers insurance, the two independent Board members and one other Board member have resigned from NTG's Board.

Mr. Nick Hamilton-Piercy has resigned his position on the Board of Directors of NTG Clarity, effective March 20, 2020. Mr. Hamilton-Piercy has been a valuable board member since 2014. We wish to thank him for his valuable contributions and wish him all the best.

Mr. Mohamed Saleem Siddiqi has resigned his position on the Board of Directors of NTG Clarity, effective March 20, 2020. Mr. Siddiqi has been a valuable board member since 2017. We wish to thank him for his valuable contributions and wish him all the best.

Mr. Mohamed Adel Zaghloul has resigned his position on the Board of Directors of NTG Clarity, effective March 19, 2020. Mr. Zaghloul has been a valuable board member since 2004. We wish to thank him for his valuable contributions and wish him all the best.

Mr. Ashraf Zaghloul, Chairman and CEO, and Kristine Lewis, Director and President are the two remaining directors of NTG Clarity Networks Inc.

About NTG Clarity Networks Inc.

NTG Clarity Networks' vision is to be a global leader in providing networking solutions. As a Canadian company established in 1992, NTG Clarity has delivered networking, IT and network enabled application software solutions to network service providers and large enterprises. More than 300 network professionals provide design, engineering, implementation, software development and security expertise to the industry's leading network service providers and enterprises.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

For Further Information:

Kristine Lewis, President

Phone: 905-305-1325

Fax 905-752-0469

Email: KLewis@ntgclarity.com

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