March 8, 2018, Kelowna, BC
Marapharm Ventures Inc. Appoints Corey Klassen as Vice President of Corporate Development, Hires CFO and Adds Additional Independent Director
Marapharm Ventures Inc. (CSE: MDM) (OTXQX: MRPHF) (FSE: 2M0) (“Marapharm” or the “Company”) is pleased to announce, effective March 5, 2018, the appointment of Corey Klassen as Vice President of Corporate Development. Further, the Company is pleased to announce the appointment Mr. Alexander as an independent Director and Mr. Hanspaul Pannu as the company’s new Chief Financial Officer. Corey Klassen will continue in his role as Director, the Board has been expanded to accommodate Mr. Alexander.
David Alexander: Director
Mr. Alexander is the Chief Financial Officer and Director of Veritas Pharma Inc. Mr. Alexander’s past achievements include his role as the CFO of Arakis Energy Corporation, an international oil and gas development company, where he managed the company's growth from start-up to over a billion dollars in assets, leading to a listing on the NASDAQ market. Arakis was subsequently sold to Talisman Energy. He was also CFO of Nortran Pharmaceuticals, Inc., a University of British Columbia based pharmaceutical Research and Development Company engaged in the development and commercialization of cardiovascular therapies. While at Nortran, David helped secure initial and ongoing research financing. Nortran subsequently, became Cardiome Pharma Corp., a successful Vancouver BC based pharmaceutical company (Nasdaq: CRME). David is a Chartered Professional Accountant.
Hanspaul Pannu: CFO
Mr. Pannu has worked in the Canadian small cap public company space for over 5 years providing financial reporting, corporate secretary, listing and general accounting support. He is currently the Chief Financial Officer of Appature Mobile Applications Inc., a blockchain technology and mobile application company and has held or currently holds a senior financial position with LED Medical Diagnostics Inc. (TSX-V: LMD), Aequus Pharmaceuticals Inc. (TSX-V:AQS, OTCQB:AQSZF), Veritas Pharma Inc.(CSE:VRT), Blok Technologies Inc.(CSE:BLK), and Sharc International Systems Inc. (CSE:SHARC). He is a Chartered Professional Accountant.
“As Marapharm moves towards scaled commercial production we have prioritized the need to keep on improving the technical and financial strengths of the team. We are confident that the significant experience in international transactions, knowledge of reporting requirements, and business structuring coming with these two esteemed individuals will help to ensure the execution of our strategy and reliability of our reporting going forward,” commented Linda Sampson, President and CEO.