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Tevano Systems Holdings Inc (2)
Symbol	TEVO
Shares Issued	53,836,580
Close 2023-07-27	C$ 0.03
Market Cap	C$ 1,615,097
Recent Sedar+ Documents

Tevano Systems appoints McKinnon as interim CTO

2023-07-27 16:49 ET - News Release

Subject: FW: News Release - Tevano Systems Holdings Inc. (CSE: TEVO) - Appointment of an Interim CTO Word Document File: '\\swfile\EmailIn\20230727 134121 Attachment 2023-07-27-Tevano Systems Holding Inc. Announces Appointment of an Interim CTO.docx' Tevano Systems Holdings Inc. Announces Appointment of an Interim Chief Technology Officer TEVNF) ("Tevano", or the "Company"), is pleased to announce that Dusty McKinnon has joined the Company in the role of Interim Chief Technology Officer. Mr. McKinnon has led several teams focusing on sustainable innovation. As Vice President of Innovation and Products at Easwara Origins Corp., he developed technologies and processes for oil and gas wastewater treatment while raising 1.1 million in government grants. He subsequently built and sold Pure Vanadium Corp., a Vanadium battery technology company to Stina Resources Ltd. CFO Eugene Hodgson commented, "We are thrilled to welcome Dusty McKinnon to the Tevano team. We believe Mr. McKinnon's ability to manage institutional teams and successfully raise over 1.8 million in government grants will greatly benefit Tevano going forward." In connection with the appointment, the Company has granted Mr. McKinnon 200,000 stock options (the "Options") under its stock option plan to acquire up to an aggregate of 200,000 common shares in the capital of the Company ("Common Shares"). Each Option is exercisable for a period of five years from the date of grant at an exercise price of $0.06 per Common Share. All of the Options vested immediately upon being granted. About Tevano Tevano Systems Holdings Inc. is a provider of innovative solutions for the oil & gas exploration, production, and industrial effluent treatment and recycling industries. The Company is focused on developing cutting-edge technologies that address environmental challenges and promote sustainability. Tevano is committed to delivering high-quality, reliable solutions that meet the evolving needs of its clients worldwide. For more information, please visit: www.tevanosystems.com On behalf of the Board of: TEVANO SYSTEMS HOLDINGS INC. Eugene Hodgson, Chief Financial Officer eugeneh@tevanosystems.com (604) 805-6600 CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward-looking statements or information. More particularly and without limitation, this news release contains forward-looking statements and information relating to the future integration of Aqua-Eo and its technology into the business of the Company, and other matters. The forward-looking statements and information are based on certain key expectations and assumptions made by management of the Company. Although management of the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information since no assurance can be given that they will prove to be correct. Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as making investment decisions. Since forward-looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, the Company's ability to raise further capital and the Company's ability to integrate Aqua-Eo and its technology into the business of the Company and the markets acceptance of this technology and related products. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Readers are cautioned that the foregoing list of factors is not exhaustive. The forward-looking statements and information contained in this news release are made as of the date hereof and no undertaking is given to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement. Neither the CSE nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.