July 20, 2020 – Vancouver, BC – Geyser Brands Inc. (TSX-V: GYSR)(OTC-GYSRF)(“Geyser Brands” or the “Company”) is pleased to announce it has signed a management agreement with Global Harbor Link Inc. and the appointment of Global Harbor Link director Amir Abdollahzadeh as CFO.
With over 25 years of executive operational and Financial responsibility to private, Government owned and publicly traded companies in retail, Supermarket, pharmacy and logistics supply chain companies, Amir has extensive experience in designing, implementing and operating operations in North America and Europe. In his last role as the COO of ContainerWorld Forwarding services, Amir managed the financial and operation of largest Canadian privately held alcohol distribution company. In his role he worked with all federal and provincial government agencies to ensure compliance and regulatory updates. Amir’s experience includes due diligence process, acquisitions, start-ups, executing growth strategy, developing high performance management teams, operational & process improvement, contract negotiation and customer relationships. His work experience included the Hudson Bay, Wal-Mart, Loblaw’s Group of companies, Canada Post subsidiary SCI group. Amir holds a BA degree from Isfahan university and CMA, CPA designation through university of Victoria. Amir is Green Belt in Six Sigma and a black belt Candidate from American Society of Quality.
The Company also announces that Shawn Balaghi is no longer in the CFO role of the company. The Company wishes to thank Mr. Balaghi for his services.
The Company also wishes to announce that the previous entered Joint Venture with Factory Brewing Ltd. has terminated,due to the expiry of the setup period, which deadline was December 31, 2019.
The Company also will issue 1,350,000 ESO Poptions at $0.14 for a period of five years for employees, officers, directors and consultants.
ABOUT GEYSER BRANDS
Geyser Brands Inc. develops consumer product brands in the health and wellness sector that use hemp and CBD as a value-added ingredient. These involve next-generation formulas that focus on the mix of cannabinoids for specific conditions such as insomnia, anxiety and pain. Proprietary delivery technologies include all natural nano-technology, slow-release mechanisms and non-molecule degrading baking processes. In anticipation of coming edibles legislation, and with its Health Canada approved Licensed Production Facility, Geyser Brands has 15,000 square feet in two GMP facilities in Vancouver, BC.
For more information, visit the company’s website at www.geyserbrands.com.
On Behalf of the Board of Directors
Director and CEO