SWMBRD Announces Entry into Consultant Agreements, Appointment of new CFO, Employment Agreements with Existing Management, Termination of Services Agreement and Grant of Restricted Share Units

About this update from Swmbrd Sports, Inc.

[{"type":"text","content":"SWMBRD Announces Entry into Consultant Agreements, Appointment of new CFO, Employment Agreements with Existing Management, Termination of Services Agreement and Grant of Restricted Share Units\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n VANCOUVER, BC –\n \n \n TheNewswire -\n \n \n July 6, 2023 - SWMBRD Sports Inc.\n(CSE:SWIM)\n \n (“\n \n SWMBRD\n \n ” or the “\n \n Company\n \n ”) announces that it has entered into consulting\nagreements with Mr. Paul Done and Mr. Brian Fong (the “\n \n Consultants\n \n ”) to provide various\nbusiness development and brand execution services to the Company. The\nCompany has agreed to engage Mr. Done for a term of twelve months,\nsubject to earlier termination by the Company upon 10 days’ written\nnotice, or by the Consultant or upon 30 days’ written notice, and\nwill grant Mr. Done 240,000 RSUs in consideration for his services.\nThe Company has agreed to engage Mr. Fong for a term of twelve months,\nsubject to earlier termination by the Company upon 10 days’ written\nnotice or by the Consultant upon 30 days’ written notice. The\nCompany has agreed to grant Mr. Fong 693,000 RSUs in consideration for\nhis services. The RSUs granted to the Consultants will vest as to 50%\nof the first three months and the other 50% over the remaining 9\nmonths, commencing July 1, 2023.\n \n \n Mr. Brian Fong brings notable experience in brand management and\ngrowth strategies. During a six-year tenure at Sleeman/Sapporo\nBrewing, he launched, managed, and expanded a diverse portfolio of\nnational and international brands, including Dos Equis and other\nglobal brands.\n \n \n Mr. Fong then embarked on a consulting career that has included\nworking with advertising agencies, CPG brands, virtual brand agencies,\nand working as a fractional CMO providing strategic guidance and\nsupport to various organizations including helping them with brand\npositioning, marketing, and growth strategies. His consulting work has\nspanned industries such as sports, tourism, and hospitality,\ncollaborating with notable clients to develop and implement effective\nmarketing and sales strategies.\n \n \n For more information please visit his LinkedIn profile at\nlinkedin.com/in/brand-tast...

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