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Acasta Enterprises Inc
Symbol C : AEF
Shares Issued 70,215,298
Close 2018-12-20 C$ 0.85
Recent Sedar Documents

Acasta replaces board, appoints Wachsbergs as co-CEOs

2018-12-22 01:53 ET - News Release

Mr. Lawrence Wilder reports

ACASTA ANNOUNCES BOARD CHANGES AND NEW CO-CEOS

Acasta Enterprises Inc. has agreed with Charles Wachsberg and Richard Wachsberg, who together own approximately 36 per cent of Acasta and are the co-founders of Apollo Health and Beauty Care, to replace the board of directors.

The current board and the Wachsbergs were not able to agree on a strategy going forward, and, accordingly, Geoff Beattie, Robert Schwartz and Jay Swartz have stepped down as Acasta directors, and Ian Kidson has stepped down as interim chief executive officer and director.

Stan Bharti, Carlo LiVolsi, Jeffrey Spiegelman, Richard Wachsberg and Charles Wachsberg have joined the board. The new board has appointed the Wachsbergs as co-chief executive officers of Acasta.

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