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SustainCo Announces Resignation of Emlyn David and Appointment of Chris Hazelton as CEO

Toronto, Ontario--(Newsfile Corp. - June 10, 2020) - SustainCo Inc. (TSXV: SMS) ("SustainCo" or the "Company") announces today that Emlyn David has resigned as a director and Chief Executive Officer of the Company. Chris Hazelton, the Chief Financial Officer of the Company, has been appointed the Chief Executive Officer and to the board of directors. In addition, Keith Li of Branson Corporate Services Inc., has been appointed as Chief Financial Officer of the Company to replace Chris Hazelton as Chief Financial Officer.

Chris Hazelton said "I am excited to continue to work with a well-established Company and its dedicated employees. I look forward to driving the business forward with new and exciting opportunities."

About SustainCo Inc.

SustainCo Inc. conducts its operations through its wholly owned subsidiary, VCI Controls.

VCI Controls is a leading supplier of building technologies and services that improve comfort, safety, energy efficiency, and occupant productivity. It is an industry leader in the development of intelligent building technology, including the integration of all building systems utilizing the latest in communications technologies and standards. VCI Controls' business focuses on digital controls and mechanical services, performance monitoring, and energy efficiency solutions.

With headquarters in Toronto, SustainCo has offices across Canada including, Halifax, Montreal, Pembroke, Ottawa, and Vaughan.

Forward Looking Statements

Certain information provided in this press release constitutes forward-looking statements and information within the meaning of applicable securities laws. Forward-looking information typically contains statements with words such as "anticipate", "believe", "forecast", expect", "plan", "intend", "estimate", "propose", "project", or similar words suggesting future outcomes. The Company cautions readers and prospective investors in the Company's securities not to place undue reliance on forward-looking information as, by its nature, it is based on current expectations regarding future events that involve a number of assumptions, inherent risks and uncertainties, which could cause actual results to differ materially from those anticipated by the Company.

The forward-looking information included herein is expressly qualified in its entirety by this cautionary statement. The forward-looking information included herein is made as of the date hereof and the Company assumes no obligation to update or revise any forward-looking information to reflect new events or circumstances, except as required by law.

Neither the Exchange, nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

CONTACT INFORMATION

SustainCo Inc.
Chris Hazelton
Chief Executive Officer
(647) 300-2957

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/57665

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