/NOT FOR DISTRIBUTION TO US WIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES OF
AMERICA/
TORONTO, Oct. 16,
2022 /CNW/ - PopReach Corporation
("PopReach" or the "Company") (TSXV: POPR) (OTCQX:
POPRF) announced today that Christopher
Locke will step down from his role as President of the
Company, effective November 30, 2022,
for personal reasons. To help ensure an orderly transition, Mr.
Locke has entered into a consulting agreement with the Company
beginning on December 1, 2022, to
advise on matters related to strategy, corporate development, and
PopReach's portfolio of games. Mr. Locke will continue to serve as
a member of Company's Board of Directors (the "Board").
"Since we co-founded this business together, Chris has been
instrumental in our journey to build PopReach into a multi-platform
digital technology company with substantial revenue scale and
positive cash flow generation," said Jon
Walsh, CEO of PopReach. "We're in a great spot today, with a
strong portfolio of companies that have the management depth and
experience to continue our growth path. Although he's stepping away
from day-to-day duties at PopReach, Chris will continue to play an
important role in advising on our strategic direction in a
consulting capacity, and as a member of our Board."
"The critical scale that we envisioned for PopReach is coming
together and I'm excited for this next phase of the Company's
growth," added Christopher Locke.
"PopReach is a truly global organization, and working with our
talented and diverse group of people has been extremely rewarding.
I want to thank Jon, Ted, and the Board, for the trust and support
they've provided me in order to execute on our shared vision."
"On behalf of the Board, I would like to thank Chris for his
passion, leadership, and tireless dedication to PopReach," said
Ted Hastings, Executive Chairman of
PopReach. "He's led multiple transformative transactions for the
Company, and we're grateful to have his ongoing counsel as we drive
our strategy forward."
Termination of Certain Capital
Markets Advisory Agreements
The Company today also announced the termination of its market
making services agreement with Independent Trading Group Inc, as
disclosed on September 3, 2020, and
its investor marketing services agreement with Hybrid Financial
Ltd, as disclosed on March 10, 2021.
These agreements will end on November 2,
2022, and December 2, 2022,
respectively.
About PopReach
Corporation
PopReach, a Tier 1 Issuer on the TSX Venture Exchange, with
shares also trading on OTCQX® Best Market, is a multi-platform
technology company focused on acquiring, optimizing and growing
companies and assets that provide services, technology or products
within the digital media ecosystem. The Company's portfolio
includes: PopReach Games, a free-to-play mobile game publisher with
over 25 games enjoyed by millions of players; notifyAI, a push
notification subscription and monetization platform; Q1Media, a
digital media advertising services provider; Contobox, an
award-winning personalization, eCommerce and creative advertising
technology platform; and Ubiquity, data-driven user acquisition and
marketing technology consortium.
Additional information about the Company 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.
SOURCE PopReach Corporation