08:39:32 EST Thu 12 Dec 2019
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Zen Graphene Solutions Ltd
Symbol ZEN
Shares Issued 64,204,607
Close 2019-04-01 C$ 0.40
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Zen Graphene appoints Dube as CEO; Bubar resigns

2019-04-02 09:11 ET - News Release

Mr. Francis Dube reports


Zen Graphene Solutions Ltd. has appointed Dr. Francis Dube as chief executive officer. The company also announces the resignation of Donald Bubar as co-CEO and as a member of the board of directors. Mr. Bubar will continue to support the company as a member of Zen's advisory board.

Greg Fenton, director, comments: "We are pleased to have Dr. Francis Dube take on the role of CEO. Francis has been instrumental in the creation and implementation of the new vision for the company, with the focus on the development of graphene-enhanced applications and as a large-scale industry supplier of graphene. He has the full support of the board of directors and management team to continue leading the company as chief executive officer. We look forward to his continued leadership as we move the company forward."

The board of directors would like to thank Mr. Bubar for his leadership during the company's transition period and looks forward to his continued contributions as a member of the advisory board. The company wishes him continued success in his role as president and CEO at Avalon Advanced Materials Inc.

Zen is also pleased to announce that it has retained Integral Wealth Securities Ltd. to provide market-making services in accordance with TSX Venture Exchange policies. Integral will trade securities of Zen on the TSX-V for the purposes of maintaining an orderly market of the company's securities. In consideration of the services provided by Integral, the company will pay Integral a monthly cash fee. Integral will not receive shares or options as compensation. However, Integral and its clients may have or may acquire a direct interest in the securities of the company. Zen and Integral are unrelated and unaffiliated entities. Integral is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and can access all Canadian stock exchanges and alternative trading systems.

About Zen Graphene Solutions Ltd.

Zen Graphene is an emerging graphene technology company with a focus on development of the unique Albany graphite project. This precursor graphene material provides the company with a competitive advantage in the potential graphene market as independent labs in Japan, the United Kingdom, Israel, the United States and Canada have demonstrated that Zen's Albany graphite/Naturally Pure easily converts (exfoliates) to graphene, using a variety of simple mechanical and chemical methods.

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