UniDoc Health Names Austin Thornberry as CFO

UniDoc Health Corp. (CSE: UDOC) (FRA: L7T) (OTC: UDOCF), a trailblazer in the eHealth sector, has announced the appointment of Austin Thornberry, a current director of the company, to the role of Chief Financial Officer.

In light of Thornberry’s appointment, Nina Yii has tendered her resignation as Chief Financial Officer. Consequently, Thornberry has resigned as a member of the audit committee, and Franco Staino has been appointed in his place.

Thornberry brings a wealth of experience as a seasoned finance professional, particularly in advising new ventures in the venture capital market. His background includes roles in the banking group at the Bank of Montreal and the financial services arm of Ernst & Young, where he worked with high-growth companies across various industries. Thornberry, who holds a Bachelor of Commerce from McGill University and the CPA, CA designation since 2019, has split his time working in Toronto, Ont., and Vancouver, B.C.

Tony Baldassarre, Chief Executive Officer, expresses enthusiasm about Thornberry’s appointment, citing his extensive experience in growth strategy, corporate finance, and executive leadership. With UniDoc transitioning into the commercialization phase, Baldassarre believes Thornberry’s entrepreneurial mindset and track record in enhancing shareholder value will be invaluable assets to the team.

Additionally, the company announces the issuance of 55,000 restricted share units (“RSUs”) to an officer and a consultant, subject to a statutory hold period of four months and one day. These RSUs will vest and become exercisable for one common share of the company upon the expiration of the statutory hold period.

Furthermore, UniDoc has engaged Rumble Strip Media Inc. (“Rumble”) to provide social media, marketing, and consulting services, including investor relations activities. The initial term of the engagement is 90 days, commencing in Q1 2024, with an option to extend monthly upon mutual agreement and term completion. The company will make aggregate cash payments of US$250,000 to Rumble for these services. Rumble Strip Media Inc., headquartered in Vancouver, British Columbia, is a media and consulting firm.

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