Fandom Sports Appoints Lyle Strachan as Chief Financial Officer
September 16 2021 - 8:07AM
InvestorsHub NewsWire
Fandom Sports Appoints
Lyle Strachan as Chief Financial Officer
Vancouver,
British Columbia -- September 16, 2021 -- InvestorsHub
NewsWire -- Fandom Sports Media Corp. (CSE: FDM) (OTCQB: FDMSF) (FRANKFURT: TQ43) ("Fandom Sports" or
the "Company"), is pleased to announce that Mr. Lyle Strachan is
joining the Company
to assume role
of the Chief Financial Officer while providing strategic
recommendations that ensure all financial and operational solutions
support Fandom Sports' evolving growth strategy, vision and
mission.
Mr.
Strachan is a Chartered Professional Accountant with an Honours B.A
from the University of Toronto and has over 30 years of accounting
and finance experience.
He
most recently
served in an executive capacity of a wealth management
organization.
Previous to
this, Mr. Strachan served as Executive VP of Finance for the
Stronach Group, one of North America's premier Racing and Gaming
organizations.
Mr.
Strachan oversaw the start-up of racing and gaming operations,
online betting, licensing, mergers acquisitions and corporate
financing. His scope of expertise was applied across dozens of
jurisdictions, thousands of employees and billions of dollars of
revenues and assets.
This extensive
experience was built upon a foundation of years of know-how and
working with top-tier accounting firms and various other financial
services providers.
"We
are very fortunate to have a new team member of Lyle's caliber and
pedigree join Fandom Sports at this inflection point in the
Company's development.
As
we move towards operations, new licensing jurisdictions and new
mission critical verticals it is important that the right controls
and systems are in place to support the vision for a global
scalable platform.
Lyle will be
pivotal in putting those systems in place," states David Vinokurov,
CEO and President.
Stock
Options
Mr.
Strachan will be granted 300,000 incentive stock options priced at
$0.17 which will vest immediately as per the Company's approved
stock option plan.
The
options will have a 5-year term and expire on September 16,
2026.
An
additional 900,00 incentive stock options, with the same terms and
conditions, have been granted to the Board of Directors and to
certain contractors of the Company.
"PLAY.
PREDICT. GET REWARDED."
For additional
Information:
Investor
Relations
Email:
info@fandomesports.com
Phone +1 (604) 256
6990
DISCLAIMER:
The CSE has
not reviewed and does not accept responsibility for the adequacy
and accuracy of this information. This news release may contain
forward-looking statements. These forward-looking statements do not
guarantee future events or performance and should not be relied
upon. Actual outcomes may differ materially due to any number of
factors and uncertainties, many of which are beyond the Company's
control. Some of these risks and uncertainties may be described in
the Company's corporate filings (posted at www.sedar.com).
The Company
has no intention or obligation to update or revise any
forward-looking statements due to new information or events. This
press release contains forward-looking statements about FANDOM
SPORTS. Forward-looking statements may be identified by the use of
words like "believe," "expect," "anticipate," "estimate," "plan,"
"consider," "project," and similar references to the future.
Forward-looking statements reflect FANDOM SPORTS' good-faith
evaluation of information available at the time the forward-looking
statements were made. These forward-looking statements are subject
to a number of risks and uncertainties, and our actual results may
differ materially from those projected. Please refer to FANDOM
SPORTS' annual and quarterly reports filed on SEDAR for a full
discussion of those risks and uncertainties we view as most
important. Forward-looking statements are not, and should not be
relied upon as, a guarantee of future performance or results, nor
will they necessarily prove to be accurate indications of the times
at or by which any such performance or results will be achieved. As
a result, actual outcomes and results may differ materially from
those expressed in forward-looking statements. We undertake no
obligation to update or revise forward-looking statements.
SOURCE FANDOM
SPORTS
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