TAAT(TM) Global Alternatives (CSE: TAAT) (OTCQX: TOBAF) (FRANKFURT: 2TP) has appointed two new members to its board of directors. The new members — Peter Nguyen and John Martin — will serve as independent directors, effective immediately. Nguyen and Martin will also be serving as audit committee members for the company. TAAT’s board of directors now comprises six directors, four of whom are independent directors as required by leading public stock exchanges. The company’s audit committee members are all independent directors. An alumnus of the University of British Columbia, Nguyen is a chartered professional accountant and currently serves as an officer and director of several publicly traded companies in a variety of industries. He has also garnered more than 10 years of experience in financial reporting and business strategy positions in both public and private entities, where he became expert at providing assurance, corporate financing, tax and business advisory services. Martin has more than three decades of international business experience, primarily in capital markets and fund management. He has held senior positions with Royal Bank of Canada and was head of capital markets at the Bank of Tokyo Mitsubishi in Switzerland. In addition, he established CMI Credit Market Investments, an advisory firm active in distressed debt. “On behalf of the company’s Board of Directors, we are pleased to welcome Nguyen and Martin to the team, who are each bringing to the table unique expertise in public companies,” said TAAT CEO Setti Coscarella said in the press release. “TAAT has made considerable strides in the past year, with public market presences in good standing in Canada, the United States and Germany. Within just nine months of being publicly listed in Canada, TAAT ascended to the OTCQX(R) best market in the United States. Moreover, upon becoming a ‘post-revenue’ company at the end of 2020, TAAT was added to the CSE Composite Index as well as its CSE25(TM) subset, or the 25 largest firms in Composite by market capitalization. We look forward to working with Mr. Nguyen and Mr. Martin as we continue our initiatives to build market share in the $814 billion global tobacco industry.”
To view the full press release, visit https://ibn.fm/S1meW
About TAAT Global Alternatives Inc.
TAAT Global Alternatives has developed TAAT, which is a tobacco-free and nicotine-free alternative to traditional cigarettes offered in Original, Smooth and Menthol varieties. TAAT’s base material is Beyond Tobacco(TM), a proprietary blend that undergoes a patent-pending refinement technique causing its scent and taste to resemble tobacco. Under executive leadership with Big Tobacco pedigree, TAAT was launched first in the United States in Q4 2020 as the company seeks to position itself in the $814 billion global tobacco industry. For more information, please visit www.TAATGlobal.com.
NOTE TO INVESTORS: The latest news and updates relating to TOBAF are available in the company’s newsroom at https://ibn.fm/TOBAF
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