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Experion Holdings Ltd
Symbol EXP
Shares Issued 98,733,156
Close 2019-07-25 C$ 0.24
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Experion's chairman McWatters dies

2019-07-25 11:08 ET - News Release

Ms. Judy-Ann Pottinger reports


Experion Holdings Ltd.'s Harry McWatters, chairman of the board of directors, died unexpectedly on July 22, 2019. The board of directors appointed Mr. McWatters as chair on June 4, 2018.

Jay Garnett, chief executive officer, commented: "It is with great sadness that we announce today the passing of Mr. McWatters. Harry brought a wealth of experience, wisdom and great judgement to his role as chairman of our board. Harry was also a wonderful supporter of the management team, and a great friend and mentor to me. He will be greatly missed by all of us at Experion and by all who knew him. On behalf of our board of directors, management team and employees, we extend our deepest sympathies to Harry's family."

Mr. McWatters was 74 years old; he was instrumental in founding the VQA Canada and served as its first chairman, and was also the founding chair of the B.C. Wine Institute and many other foundations and societies in the wine industry. Mr. McWatters received an honorary doctor of laws degree from the Okanagan University College and in 2003 received the prestigious Order of British Columbia for his services in the B.C. wine industry. He has been the recipient of both the Golden and Diamond Jubilee medals from Her Majesty Queen Elizabeth II.

The company will continue to be supported by the directors with Michael Black acting as interim chairman.

About Experion Holdings Ltd.

Experion is the parent company of Experion Biotechnologies Inc., a Health Canada licensed cultivator and processor of cannabis, based in Mission, B.C.; and EFX Laboratories Inc., a medical products production and clinical research company based in Calgary, Alta. Experion is invested in a portfolio of products to address a wide spectrum of consumer needs including medical, adult-use, and wellness and therapeutic products.

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