AI/ML Innovations Inc. Appoints New CFO and Enters Debt Settlement

AI/ML Innovations Inc. has announced significant leadership changes and a financial strategy update. Terence Lee has been appointed as the new Chief Financial Officer. Lee, a Chartered Professional Accountant, brings 11 years of financial expertise across various industries. He also serves as a partner at Imperium Consulting LLP.

Kendra Low is named as the Corporate Secretary. With over 20 years in governance and strategic roles, she leads Vancouver Corporate Solutions Inc. The board also approved a grant of 1,250,000 stock options under its 2023 Stock Option Plan.

The company entered a Debt Settlement Agreement involving US$17,260, converting this debt into shares. This arrangement awaits approval from the Canadian Securities Exchange. These strategic moves aim to support the firm's growth phase, focusing on health tech advancements.