TSXV: CSTR
TORONTO, May 3, 2021 /CNW/ - CryptoStar Corp. (TSXV:
CSTR) ("CryptoStar" or the "Company") is pleased to
announce that Mr. Sean Harris has
been appointed Chief Financial Officer of the Company, effective
immediately.
Mr. Harris is a seasoned financial professional with nearly a
decade of financial consulting/professional service experience
gained at Duff & Phelps and PwC. Mr. Harris is a Chartered
Professional Accountant/Chartered Accountant (CPA, CA) and a
Chartered Business Valuator (CBV).
Mr. Harris replaces Jing Peng as
Chief Financial Officer, whom the Company thanks for his services
and wishes him the best in future endeavours.
In connection with Mr. Harris' appointment as Chief Financial
Officer of the Company, the Company has agreed to grant Mr. Harris
the option (the "Stock Option") to purchase 2,000,000 shares
of the Company's common stock ("Option Shares") with an
exercise price equal to $0.28. The
Stock Option will vest over a period of two years and will be
subject to the terms of the Company's stock option plan.
About CryptoStar Corp.:
CryptoStar has cryptocurrency mining operations with data
centres located in the U.S.A. and
Canada. CryptoStar is currently
dedicated to becoming one of the lowest cost cryptocurrency
producers in North America and a
major supplier of GPU and ASIC miners and mining hardware &
hosting packages worldwide.
Neither the TSXV nor its Regulation Services Provider (as that
term is defined in the policies of the TSXV) accepts responsibility
for the adequacy or accuracy of this press release.
SOURCE CryptoStar Corp.
