Mr. Dorian Banks reports
LOOKING GLASS LABS ANNOUNCES CHANGE TO BOARD OF DIRECTORS
Looking Glass Labs Ltd.'s Adam Deffett has resigned from its board of directors to pursue other endeavours. The board thanks Mr. Deffett for his service to the company during his tenure as an in dependent director. In his place, LGL announces that James Henning has been appointed as an independent director to the board, effective today.
As a chartered accountant, Mr. Henning has been the founder and president of Corpfinance Advisors Inc. since 1984. Mr. Henning is an expert with practical experience in valuating businesses in a broad range of industries and he has assisted companies with financings, public offerings and restructurings. His areas of expertise include the retail cannabis, manufacturing, telecommunications, software, biomedical, oil and gas services, as well as renewable energy industries. Mr. Henning has served as a chief financial officer and director for a number of companies listed on the TSX Venture Exchange and the Canadian Securities Exchange over the past several years.
Mr. Henning currently does not own any common shares of the company.
About Looking Glass Labs Ltd.
Headquartered in Vancouver, B.C., Looking Glass Labs is a leading Web3 innovation platform specializing in consumer engagement applications to leverage immersive metaverse environments, play-to-earn tokenization and blockchain monetization strategies. Its leading brand, House of Kibaa, designs and curates a next-generation metaverse for 3-D assets, which allows functional art and collectibles to exist simultaneously across different NFT blockchain environments. HoK has successfully released digital assets to include GenZeroes, which sold out in just 37 minutes for total proceeds to Looking Glass of $6.2-million, in addition to a perpetual 5-per-cent royalty stream on secondary market sales.
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