Menē Inc. Announces Change in CFO - Seite 2

A few months ago, Adil notified me of his plan to leave the company due to personal reasons. At that point, the Board of Directors initiated a search for his replacement. The board collectively saw this development as an opportunity to reflect on where we would like to see Menē in five years and to put in place the right corporate infrastructure that would allow us to pursue an ambitious long-term plan that would allow us to scale our business. We therefore initiated a search for a CFO that could steer Menē into its next phase of growth.

After carefully considering a series of candidates, we decided to hire Gavin Johnson for the role. Gavin has tremendous experience in financial reporting, having worked for Deloitte LLP in the UK and Canada where he oversaw the audits of leading listed companies. Most recently, he worked in the financial reporting group at Altus Group, a TSX listed software company. I am excited about Gavin’s appointment and believe he will be the first of a series of incoming senior executives we will be hiring to help us in realizing our long-term goals.

About Menē Inc.

Menē crafts pure 24 karat gold and platinum jewelry that is transparently sold by gram weight. Through mene.com, customers may buy jewelry, monitor the value of their collection over time, and sell or exchange their pieces by gram weight at prevailing market prices. Menē was founded by Roy Sebag and Diana Widmaier-Picasso with a mission to restore the relationship between jewelry and savings. Menē empowers consumers by marrying innovative technology, timeless design, and pure precious metals to create pieces which endure as a store of value.

For more information about Menē, visit mene.com.

Media and Investor Relations Inquiries:

Gavin Johnson
Chief Financial Officer
Menē Inc.
[e-mail]
[phone]

Forward-Looking Statements

This news release contains certain “forward-looking information” within the meaning of applicable Canadian securities laws that are based on expectations, estimates and projections as at the date of this news release. Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. In particular, but without limiting the foregoing, this news release contains forward-looking information pertaining to its business plans and goals of the Company for the current financial year, the hiring of new management, estimated potential year over year growth, marketing plans and the announcement of future plans and milestones.