Breathtec Biomedical Inc. (CSE:BTH) (CNSX:BTH) (FRANKFURT:BTI) (OTCQB:BTHCF) is pleased to announce the appointment of Christopher J. Moreau as Chief Executive Officer effective March 1, 2018.
Mr. Moreau is a seasoned business professional in the life sciences sector with a strong background in medical devices and biomarker research. Mr. Moreau is currently the CEO of Nash Pharmaceuticals Inc, a privately-held drug development company and was previously President & CEO of Miraculins Inc, a public company where he raised in excess of C$13 million to fund research & development for screening tests for prostate cancer, skin cholesterol and type 2 diabetes.
“The Board is very pleased to welcome Christopher to the Breathtec team,” states Dr. Raj Attariwala, Director of Breathtec. “After conducting a thorough search, the CEO search committee concluded that with his extensive industry knowledge and experience with medical devices and biomarkers, Christopher was ideally suited to increase shareholder value. Christopher’s hands-on and results-driven approach will help Breathtec’s development roadmap as well as explore new potential acquisitions.”
The Company also announces that 1,325,000 stock options are being granted to directors, officers, employees and contractors of the Company including 500,000 stock options to Mr. Moreau. The options were assigned an exercise price of $0.24 and are exercisable for a period of five years, subject to regulatory approval. These stock options are granted under the Company’s stock option plan.
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