FRX Improvements Commences Buying and selling on the TSX Enterprise Trade

FRX Improvements Commences Buying and selling on the TSX Enterprise Trade


DGAP-Information: FRX Improvements Inc
FRX Improvements Commences Buying and selling on the TSX Enterprise Trade
24.05.2022 / 13:00
The issuer is solely answerable for the content material of this announcement.

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FRX Improvements (TSXV:FRXI) (“FRX,” or the “Firm”), is happy to announce that as of Could 24, 2022, the Firm has commenced buying and selling on the TSX Enterprise Trade (“TSXV”) beneath the inventory image FRXI.

Chief Government Officer, Marc-Andre Lebel commented, “In the present day marks a serious milestone in FRX’s journey to changing into the world’s preeminent producer and provider of non-toxic, non-leaching, phosphorus-based flame retardant options. As new laws are quickly being adopted to guard customers from poisonous chemical substances in on a regular basis merchandise, FRX’s Nofia ® branded merchandise are positioned to produce the anticipated surge in demand for non-toxic flame retardant components throughout a number of client industries. Our itemizing on the TSXV will assist the Firm meet the rising demand for our merchandise in addition to speed up its development into new markets.”

FRX Improvements is a producer of non-toxic and non-leaching, environmentally pleasant flame retardant components and has been constructed on over US$120MM of funding, together with funding from strategic companions within the specialty chemical substances business. The Firm has achieved industrial manufacturing from its Antwerp, Belgium-based facility and expects to see a considerable enhance in demand for its patent protected merchandise as among the world’s largest digital gear producers undertake Nofia ® to satisfy new laws handed within the EU and the State of New York.

The Firm was based in 2007 by a gaggle of executives and engineers from the specialty chemical business. The administration staff is complimented by an equally robust board that brings deep bench energy from each the specialty chemical business in addition to the capital markets and finance.

FRX Improvements Board of Administrators

Ross Haghighat – Director and Chairman of the Board

Ross Haghighat is a US-based entrepreneur and enterprise capitalist. Mr. Haghighat is Chairman of Triton Programs, a personal early to mid-stage product growth and enterprise agency and a founding associate at Jasper Capital Companions, an funding agency investing in transformational know-how firms, within the US and Australasia. Over his profession, Mr. Haghighat has been a part of over $1.2 billion in funding and his firms have generated in extra of $4 billion in shareholder worth by his roles, reworking firms from early stage to profitable standalone public companies. Mr. Haghighat serves on the Boards of private and non-private firms within the US, Europe, and Australia, together with Chinook Therapeutics (NASDAQ: KDNY), Bio Plus Acquisition Company (NASDAQ: BIOS), Fluence Company (ASX: FLC), and Citic Capital Acquisition Corp. (NYSE: CCAC). Mr. Haghighat obtained a Grasp of Science in Superior Supplies & Organometallic Chemistry from Rutgers State College of New Jersey, and his MBA from Boston School – Wallace E Carroll Faculty of Administration.

Dr. Bernhard Mohr PhD – Director

Bernhard Mohr has greater than 25 years {of professional} expertise within the chemical and enterprise capital business. Since 2012, he has been the Managing Director of Evonik Enterprise Capital, a EUR250 million company fund specialised in chemistry and superior supplies. Dr. Mohr beforehand labored for BASF the place he held worldwide positions in strategic advertising and marketing, company growth, controlling and analysis & growth. Dr. Mohr studied chemistry on the Universities of Stuttgart, Germany and Cincinnati, USA and earned a doctorate from the Max-Planck-Institute for Polymer Analysis in Mainz, Germany. He has held postdoctoral appointments in Japan, France and USA.

James (Jim) Cassina

James Cassina is the CEO, CFO, Secretary and Director of Good2GoRTO Corp. and Good2Go4 Corp., and was CEO, CFO and CEO, CFO, Secretary and Director of Good2Go Corp. (presently generally known as NowVertical Group Inc.) and Good2Go2 Corp. (presently generally known as LevelJump Healthcare Corp.), each TSXV listed capital pool firms that accomplished their qualifying transaction in 2020 and 2021. Mr. Cassina was the CFO of Novicus Corp. (presently generally known as Grown Rogue Worldwide Inc. (“GRIN”) from June 2010 to November 2018 and President from June 2010 to September 2016. GRIN is an Oregon based mostly hashish develop operation and hashish infused product manufacturing and distribution firm targeted on Michigan and Oregon with its frequent shares listed on the Canadian Securities Trade.

Mr. Cassina is a businessman skilled in lots of points of the enterprise and growth of public firms together with firm formation to development and enlargement, mergers and acquisitions, and company financing. He has a profitable historical past of founding, directing, and funding firms which have subsequently been acquired by massive worldwide corporates.

Frank Hallam CPA – Director and Chair of the Audit Committee

Frank R. Hallam is a CPA and CA and was previously an auditor within the public mining observe of Cooper & Lybrand (now PricewaterhouseCoopers). Mr. Hallam has over 27 years of expertise within the mining, minerals and petroleum business as an operator, principal and founding father of a number of NYSE, TSX and TSX-V companies. His expertise base contains each fairness and debt financing and the execution of exploration and growth applications in Canada, the USA, Mexico and South Africa. Important enterprise companions have included Anglo American Platinum Ltd, Barrick Gold Company, Newmont Mining Company, Industrias Penoles SAB de CV, JCL Ltd and Impala Platinum Ltd. Mr. Hallam holds a Bachelor of Enterprise Administration from Simon Fraser College (1990).

Ekaterina Terskin – Director

Ekaterina Terskin is Vice President for CITIC Capital Holdings Restricted’s ESG Group, having joined CITIC Capital in 2012. Mr. Terskin has served on boards and committees of a number of know-how firms and has led investments into quite a few early and development stage companies delivering sustainable options to conventional industries akin to chemical substances, logistics, and waste remedy. Mr. Terskin obtained a B. Comm. in Honors Economics & Finance from McGill College in Montreal and is a CFA constitution holder.

Fanglu Wang – Director

Fanglu Wang is CITIC Capital’s Senior Managing Director and Managing Associate of CITIC Capital ESG Group. He has over 30 years of expertise in capital markets, company finance, monetary engineering and threat administration. Mr. Wang was the previous Head of Product Advertising and marketing and Gross sales for China at HSBC, a Director in Funding Banking and Debt Capital Markets at Merrill Lynch Asia, a Vice President at Citibank Hong Kong and an Government Director at Sakura World Capital. Mr. Wang obtained an M.A. in Statistics from the College of Chicago, a B.Scot. in Arithmetic and a B.A. in Journalism from Fudan College in Shanghai.

Marc-Andre Lebel, P.Eng. – Director & CEO

Marc Lebel is the founding Chief Government Officer of FRX Polymers. He brings 30 years of product and enterprise growth, operations, and gross sales and advertising and marketing expertise to FRX Polymers. Beforehand, he held senior govt positions at Triton Programs and Aspen Aerogels as Government VP and VP of Gross sales and Advertising and marketing respectively. He was the World Enterprise Group Director for Cabot Corp. (NYSE: CBT) and was the founding CEO of DSM Thermoplastic Elastomers, an organization he grew for the then $8B Dutch mum or dad firm, DSM (OTCMKTS: RDSMY). Mr. Lebel holds a BS in Chemical Engineering from the College of Ottawa, is a registered skilled engineer in Ontario and has accomplished firm sponsored govt administration applications at Harvard Enterprise Faculty and the Worldwide Administration Improvement Institute.

Mark Lotz CPA, CA., BBA – Director & CFO

Mark Lotz is a Chartered Skilled Accountant training publicly by his agency Lotz CPA Inc. Having certified as a Chartered Accountant in 1994 he brings a wealth of expertise in enterprise, tax and consulting. Previously a CEO and CFO within the brokerage business, he additionally has senior administration expertise in software program/SaaS, mining, hashish and manufacturing. He offers strategic tax and enterprise planning and is a sought-after skilled for complicated contractual points and monetary quantification. He commonly consults with authorized companies performing as an skilled witness on issues of securities regulation and litigation.

About FRX Improvements

FRX Improvements is a world manufacturing firm, producing a household of environmentally sustainable flame-retardant merchandise that serve a number of massive markets spanning electronics, automotive, electrical automobiles (EV) and medical gadgets. FRX is led by a staff of extremely skilled enterprise and technical professionals and is positioned to be a frontrunner within the quickly rising flame retardant plastics and components market.Nofia® is a registered trademark of FRX. Nofia® merchandise are manufactured at its manufacturing facility on the Port of Antwerp in Belgium, one of many world’s largest chemical producing clusters. Nofia® Polyphosphonates are produced utilizing sustainable inexperienced chemistry rules akin to a solvent-free manufacturing course of, no waste by-products, and close to 100% atom effectivity. FRX’s portfolio contains an intensive patent property. FRX has been the recipient of quite a few awards, together with the EPA’s Environmental Advantage Award, the Belgium Enterprise Award for the Setting, and the Flanders Funding of the Yr Award. FRX has additionally been acknowledged six instances on the World Cleantech 100 record.


This press launch incorporates “forward-looking data” inside the that means of relevant Canadian securities laws. Usually, forward-looking data will be recognized by way of ahead wanting terminology akin to “plans”, “expects” or “doesn’t anticipate”, “anticipated”, “finances”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “doesn’t anticipate”, or “believes”, or variations of such phrases and phrases or state that sure acts, occasions or outcomes “could”, “may”, “would”, “may” or “shall be taken”, “happen” or “be achieved”. Ahead-looking data on this press launch could embody, with out limitation, statements with respect to the anticipate enhance in demand for the Firm’s merchandise and the positioning of these merchandise inside particular markets. Ahead-looking data is topic to identified and unknown dangers, uncertainties and different elements that will trigger the precise outcomes, stage of exercise, efficiency or achievements of the Firm, because the case could also be, to be materially totally different from these expressed or implied by such forward-looking data. Though the Firm has tried to establish necessary elements that would trigger precise outcomes to vary materially from these contained in forward-looking data, there could also be different elements that trigger outcomes to not be as anticipated, estimated or supposed. There will be no assurance that such data will show to be correct, as precise outcomes and future occasions may differ materially from these anticipated in such statements. Accordingly, readers mustn’t place undue reliance on forward-looking data. The Firm doesn’t undertake to replace any forward-looking data, besides in accordance with relevant securities legal guidelines.

Contact Particulars

FRX Improvements

Mike Goode

+1 978-244-9500

Investor Relations

Graham Farrell

+1 416-842-9003

Media Contact

Joseph Grande

+1 413-684-2463

Information Supply: Information Direct

24.05.2022 Dissemination of a Company Information, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely answerable for the content material of this announcement.

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