Lifeist Announces Conclusion of Consulting Agreement with Singular Narrative Management Ltd.
October 16 2024 - 7:00AM
Lifeist Wellness Inc. (“Lifeist” or the “Company”) (TSXV:
LFST) (FRANKFURT: M5B0) (OTCMKTS: LFSWF), a health-tech
company that leverages advancements in science and technology to
support wellness in innovative ways, today announced the
termination of its consulting agreement with Singular Narrative
Management Ltd. ("Singular") effective October 31, 2024. Singular
will continue to provide its services under the consulting
agreement until such time. The parties mutually agreed to terminate
the agreement, originally announced on June 30, 2023, and renewed
effective August 1, 2024 as Singular’s mandate under the agreement
will be completed by October 31, 2024.
The agreement with Singular has provided
strategic business consulting, product development, and brand
marketing services to Lifeist and its operating divisions during a
critical period of time for the Company. Over the term of the
contract, Singular has worked closely with the Company to support
various business initiatives, including new product launches and
existing marketing strategies. Lifeist extends its gratitude to the
team at Singular for their contributions.
"While the engagement with Singular has provided
important insights and value, Lifeist looks forward to the next
phase of focus and growth," said Meni Morim, CEO of Lifeist
Wellness. "We thank the team at Singular for their services during
this important time for the Company."
The termination of the Singular contract
reflects Lifeist’s ongoing commitment to allocating resources
effectively to initiatives that drive long-term growth. By focusing
on Mikra and ensuring that all partnerships are aligned with its
strategic goals, the Company is better positioned to capitalize on
market opportunities in the health and wellness sector. This move
strengthens Lifeist’s ability to pursue future growth opportunities
within its primary business unit.
About Lifeist Wellness Inc.
Sitting at the forefront of the post-pandemic
wellness revolution, Lifeist leverages advancements in science and
technology to develop innovative products, support human wellness
and transform lives. Lifeist’s key asset is its U.S. biosciences
subsidiary Mikra Cellular Sciences Inc., a biosciences and consumer
wellness company focused on developing and selling innovative
products.
Information on Lifeist and its businesses can be
accessed through the links below:
www.lifeist.com https://wearemikra.com/
Contact: Meni MorimCEOLifeist
Wellness Inc.Ph: 647-362-0390 Email: ir@lifeist.com
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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 or has in any way approved
or disapproved of the contents of this press release.
Source: Lifeist Wellness Inc.
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