Axiom Capital Advisors Announces Director Appointments and Stock Option Grants
Calgary, Alberta / September 25, 2023 – Axiom Capital Advisors Inc. (“ACA” or the “Corporation”) (CSE: ACA) is pleased to announce that it has appointed Mr. Eric Entz a non-independent director of the Corporation and Mr. Joseph Traversa as an independent director of the Corporation.
Mr. Eric Entz is a business strategy professional with over a decade of experience in helping develop and grow startup companies. Specializing in new market analysis/assessment and revenue differentiation strategies. Since 2019 his work has been predominantly on companies that are focused on ESG endeavors and emerging commodities markets. Over that time, Mr. Entz has helped develop Climate Contribution strategies, developed partnerships with some of the world's leading energy companies, helped build generative AI tools, and built sustainability strategies and roadmaps for both public and private companies.
Mr. Joe Traversa was born and raised in Vancouver, British Columbia. Working hard with a family importing business, Mr. Traversa became well invested and versed in the Vancouver’s business scene. Mr. Traversa achieved his Real Estate License in 1993 and begun his extensive real estate career. He was a part owner of a real estate brokerage in 2006 to 2013 that he and his partners built from the ground up. Mr. Traversa then pursued multiple Managing Broker positions for variousreal estate companies. In May 2023, Mr. Traversa and his family started, and now own and run, their real estate brokerage - Skyline West Realty. Located in East Vancouver, Skyline West Realtyprovides exemplary real estate services to Vancouver’s lower mainland. Over the span of 30 years,Mr. Traversa has sold over 600 properties, including houses, business', and commercial properties, been involved with property management, project marketing and facilitated leases for many clients, friends, and family.
Furthermore, the Corporation announces that Mr. L. Evan Baergen and Mr. Dwight Martin have both resigned as directors of the Corporation. The Corporation thanks Mr. Baergen and Mr. Martinfor their service to date and wishes them the best of luck with their future endeavors.
The Corporation also announces it has issued an aggregate of 1,290,000 stock options (the “Options”) to certain directors and consultants of the Corporation, with each option exercisable for one common share of the company at an exercise price of $0.11 cents for two years from the date of grant. Fifty per cent (50%) of the Options vest six months after issue and the remaining fifty per cent (50%) will vest one year after issue. The Options will be governed by the Corporation’somnibus equity incentive plan, adopted by the Corporation and approved by shareholders on September 20, 2023.
The grant of Options is considered a related party transaction as defined under Multilateral Instrument 61-101 and is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as the fair market value of the grant of options does not exceed twenty-five per cent (25%) of the market capitalization of the company, as determined in accordance with MI 61-101.
ON BEHALF OF THE BOARD OF DIRECTORS
Chief Executive Officer: Eric Entz
Head Office: 1626 Westmount Road NW, Calgary, Alberta T2N 3M1
Telephone: +1 (604) 851 2662
Website: www.axiomadvisors.ca
Email: eric@jointadvisorygroup.ca
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Forward-Looking Information
Certain information in this news release may constitute "forward-looking" information that involves known and unknown risks, uncertainties, future expectations and other factors which may cause the actual results, performance or achievements of the Corporation or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forwardlooking information. When used in this news release, this information may include words such as "anticipate", "estimate", "may", "will", "expect", "believe", "plan" and other terminology. This information reflects current expectations regarding future events and operating performance and speaks only as of the date of this news release.
Forward-looking statements in this news release may include, but are not limited to, the future plans of the Corporation, , business plans, objectives and strategy.
Except as required by law, we assume no obligation to update or revise forwardlooking information to reflect new events or circumstances. Additional information is available in the Corporation’s Management Discussion and Analysis, which can be found on SEDAR at www.sedar.com.