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[June 12, 2014]
Open Source Health Inc. Announces Andres Tinajero as Chief Financial Officer and Grants Options
(ACCESSWIRE (Canada) Via Acquire Media NewsEdge) Category: Baystreet Newswire Company: Accesswire ID: 416801 Date: Thursday, June 12, 2014 Ticker: CNSX:OSH Toronto, Ontario, Canada / ACCESSWIRE / June 13th, 2014 / Open Source Health Inc., a digital integrated healthcare company dedicated to advancing life-long solutions for women's health and wellness, ("Open Source Health" or the "Company") (CSE: OSH) announces the appointment of Andres Tinajero as Chief Financial Officer, effective June 13th, 2014. Mr. Tinajero succeeds Mike Dai as CFO, and brings extensive experience leading financial operations in public companies.
Andres Tinajero has over 20 years of business experience supporting a broad range of industries including technology, mining, not for profit, manufacturing and retail. He has served as Vice President of Finance and CFO of a number of start-ups and medium sized public companies across Canada. He holds a degree in Business Administration and an MBA, is a member of the Canadian Institute of Certified Management Accountants and the Certified Practicing Accountants Association of Australia, and is also a certified member of the Institute of Corporate Directors.
In connection with the appointment of Mr. Tinajero as CFO, the Company will grant 100,000 stock options to Mr. Tinajero's affiliate, 2222263 Ontario Inc., pursuant to the Company's stock option plan, securities laws and exchange policies. The stock options will be exercisable at market price and expire ten years from the date of grant. The stock options will vest 10% at the date of grant, 45% on the first anniversary of the date of grant and the balance on the second anniversary of the date of grant.
About Open Source Health: Open Source Health takes a truly patient-centered approach and is in the business of providing a real-time integrative healthcare solution for women in an open source architecture. Open Source Health is set to lead the current healthcare revolution by capitalizing on the latest trends in: digital health, personalized health, social health, mobile health, and participatory medicine. For more information, visit www.opensourcehealth.com Contact: For further information, please contact Investor Relations at Open Source Health Inc.
Toll Free: 1.866.403.1933 firstname.lastname@example.org The CSE has neither approved nor disapproved the contents of this press release.
Forward-Looking Statements This news release contains forward-looking statements and information that are based on the beliefs of management and reflect the Company's current expectations. Such statements and information reflect the current view of the Company with respect to risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information.
By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others: the need for additional financing requirements and access to capital; reliance on key personnel; and the failure of the business strategy. The Company cautions that the foregoing list of risk factors is not exhaustive and is subject to change. When relying on the Company's forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing risk factors and other uncertainties and potential events, including the risk factors set out in the Company's Listing Statement.
The forward-looking information contained in this news release represents the expectations of the Company as of the date of this news release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While the Company may elect to, it does not undertake to update this information at any particular time except as required in accordance with applicable securities legislation.
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