NameSilo Announces Appointment of Seasoned Financial Professional to the Board
CSE: URL / OTC: URLOF
VANCOUVER, March 26, 2019 /CNW/ - NameSilo Technologies Corp. (CSE: URL) (PINKSHEETS: URLOF) (the "Company") is pleased to welcome Daniel Nanson to the board of directors. Dan is an experienced financial professional, a former Head of Portfolio Management at MUFG Bank Canada, a subsidiary of Mitsubishi UFJ Financial group (one of the top 5 banks in the world) where he oversaw over $16 billion in commitments, and currently leads the Cliveden Advisory Group Ltd., a boutique consulting & advisory firm focused on M&A, treasury, and corporate finance. Dan brings to the board a wealth of experience in the areas of mergers and acquisitions, corporate finance, and strategic growth initiatives.
Mr. Nanson comments "NameSilo has a solid customer base, with high growth potential and a strong team already in place, and I look forwarding to contributing my expertise in the areas of finance and corporate strategy to help the company achieve its potential."
The Company also announces that it has granted Mr. Nanson a total of 250,000 stock options exercisable at $0.45 per share for a period of five years from the date of grant.
About NameSilo Technologies Corp. and NameSilo LLC
NameSilo Technologies Corp. invests its capital in companies and opportunities which management believes are undervalued and have potential for significant appreciation.
The Company's flagship subsidiary, NameSilo LLC, is a low-cost provider of domain name registration and management services. As an accredited ICANN registrar, NameSilo is one of the fastest growing domain registrars in the world with over 2.5 million active domains under management, and over 240,000 customers from approximately 160 countries.
Disclaimer for Forward-Looking Information
Certain statements in this news release are forward-looking statements, which reflect the expectations of management regarding potential future investments by the Company. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements and set forth in detail in the Company's CSE Listing Statement dated August 1, 2018. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause the Company's actual results to differ materially from those expressed or implied by the forward-looking statements.
SOURCE NameSilo Technologies Corp.
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NameSilo Technologies Corp., Paul Andreola, President, CEO and Director, (604) 644-0072, www.brisio.com; NameSilo LLC, Kristaps Ronka, CEO, [email protected], www.namesilo.com
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