TORONTO, Sept. 16, 2019 (GLOBE NEWSWIRE) -- Conscience Capital Inc. (“Conscience” or the “Company”) (TSXV.DGTL.P) is pleased to report the appointment of two executive officers to the senior executive management team and a fifth director to the board of directors.

Mr. Scott Davis has been appointed to the office of Chief Financial Officer. Mr. Davis is a partner of Cross Davis & Company LLP Chartered Professional Accountants, a firm that is focused on accounting and management services for publicly-listed companies.

Mr. Davis has extensive experience serving as a Chief Financial Officer and Controller of both private and public companies. Mr. Davis’ experience includes Chief Financial Officer positions with several TSX Venture Exchange listed companies as well as past executive positions as an Assistant Financial Controller, Auditor and Accounting Manager. 

The company also reports that former Chief Financial Officer, Mr. Steven Goldberg, has been appointed to the office of Chief Operations Officer and Mr. John Belfontaine has been appointed to the board of directors and to the office of Executive Vice President of Corporate Development.  

As per the terms of TSXV policy 2.4 for Capital Pool Companies, all senior management remuneration is prohibited until post the completion of a Qualifying Transaction, including, but not limited to: (i) salaries; (ii) consulting fees; (iii) management contract fees or directors’ fees.

On behalf of the Board of Directors;
Michael Racic
Chief Executive Officer

About Conscience Capital Inc.
Conscience Capital Inc. is publicly traded on the Toronto Venture Stock Exchange under the symbol “DGTL.P”. Conscience operates as a capital pool company focused on the identification and evaluation of businesses and assets with a view to completing a Qualifying Transaction.

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