Business
American Aires Announces Appointment of Jamie Cochran to the Board of Directors
Toronto, Ontario--(Newsfile Corp. - March 20, 2024) - American Aires Inc. (CSE: WIFI) (OTC Pink: ...
About this update from American Aires, Inc.
[{"type":"text","content":"American Aires Announces Appointment of Jamie Cochran to the Board of DirectorsToronto, Ontario--(Newsfile Corp. - March 20, 2024) - American Aires Inc. (CSE: WIFI) (OTC Pink: AAIRF) (\"Aires\" or the \"Company\"), a pioneer in cutting-edge technology designed to protect against electromagnetic radiation and optimize human health, is pleased to announce the appointment of Jamie Cochran to the Company's Board of Directors who will be replacing Ruslan Elensky. The Company would like to thank Ruslan for his immense contribution to the success of Aires during the early and formative stages of development. Early stages of any business are prone to volatility and uncertainty and as such, having the right foundational partners at this stage cannot be more crucial. Ruslan, seeing the opportunity presented in front of Aires, provided that support, resilience and natural entrepreneurial spirit, helping in many ways to propel the Company from its formation to its position today in the life sciences industry. The recently announced $4 million oversubscribed private placement was the culmination of the years of efforts of the team, including Ruslan, and it opened doors to new opportunities. It is at this juncture that the Company's Board of Directors, management and Ruslan came to the mutual understanding that a new board member, with experience more suited to Aires' current market position, would be in the best interest of the Company's future and its shareholders. Collectively, we would like to thank Ruslan for his support and time with Aires and wish him all the best in his future ventures. Ruslan Elensky commented: \"I`m very grateful for having had the opportunity to be one of the founding partners and one of the original members of the Board of Directors. It has been a long and fruitful journey with the latest financing and share price performance reflecting the success that we have all had. I would like to thank the entire team for working together and sharing this success together. I'm extremely proud of you and will remain a close friend, supporter and a shareholder of the Company.\"Replacing Ruslan's seat on the Board of Directors is Jamie Cochran, an existing shareholder with 4.6 million shares and 1.6 million warrants. Jamie's e-commerce experience and success combined with his relationships with public personas and celebrities i...