Geyser Brands Inc. Appoints Two Independent Board Members

April 27, 2020 – Vancouver, BC – Geyser Brands Inc. (TSX-V: GYSR) (“Geyser Brands” or the “Company”) is pleased to announce that the Company has appointed Mr. Min Zhang and Mr. Andrew Harris to the Board of Directors, subject to approval from the TSXV Exchange.

Min Zhang (張民) Mr. Zhang has extensive experience in banking and asset management in China and Hong Kong as senior management. Mr. Zhang was a senior management in some of the largest Chinese financial institutions, such as China Construction Bank (“CCB”), “Big Four Banks” in China as Chief Executive Officer of China Construction Bank Corporation (Hong Kong) and President of CCB (Beijing). He was also the Chief Marketing Officer of China Cinda Asset Management Co. Limited, “Big Four Asset Management Companies” in China, and Chairman of the Board of China Fortune Financial Group Limited, a company listed on the main board of the Hong Kong Stock Exchange. Mr. Zhang held directorships in various reputable companies, such as Independent Non-Executive Director of China Eco-Farming Limited and Silver Base Group Holdings Limited, and Director of CCB Properties (Hong Kong) Holdings Limited and Diamond String Limited. Mr. Zhang holds the degrees of Master of Law from Renmin University of China and Bachelor of Philosophy from Beijing Normal College.

Andrew Harris Mr. Harris is Andrew Harris has a proven executive management track record and over 25 years of experience driving sales growth in the Food and beverage, Breweries and technology industries. Prior to joining the board Geyser Brands, Andrew was Co-Founder and CEO of Craft Collective Brewery, responsible for building the facility, brands, partnerships and business within Canada. Prior to that, Andrew co-founded Russell Breweries Inc. (TSX:RB) where he was President and Director from 2004 – 2013, responsible for growing the business and brands within Canada and internationally. Mr. Harris has extensive experience working with government regulatory distribution organizations within Canada through his experience working with Alcohol manufacturing and sales.

Brad Kersch, Chairman of the Geyser Board, commented “We are extremely pleased that Mr. Zhang and Mr. Harris have agreed to lend their experience and oversight to our company. As leaders in their respective fields, they are a vote of confidence for Geyser management and its vision.”


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

Andreas Thatcher
Director and CEO
athatcher@geyserbrands,com

This news release contains forward‐looking statements and forward‐looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward‐looking statements or information. Forward‐looking statements and information are often, but not always, identified by the use of words such as "appear", "seek", "anticipate", "plan", "continue", "estimate", "approximate", "expect", "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe", "would" and similar expressions.
Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as making investment decisions. Since forward‐looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, the risks associated with the marijuana industry in general such as operational risks in growing; competition; incorrect assessment of the value and potential benefits of various transactions; ability to access sufficient capital from internal and external sources; failure to obtain required regulatory and other approvals and changes in legislation, including but not limited to tax laws and government regulations. Accordingly, readers should not place undue reliance on the forward‐looking statements, timelines and information contained in this news release. Readers are cautioned that the foregoing list of factors is not exhaustive. Additional information relating to Geyser is available at www.sedar.com.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
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