The appointment further strengthens the Company’s leadership position in the use of technology to develop psychedelic-related treatments
VANCOUVER, BC, Feb. 22, 2021 /CNW/ – Mind Cure Health Inc. (CSE: MCUR) (OTCQB: MCURF) (FRA: 6MH) (“Mind Cure” or the “Company”), a leader in developing technology to create psychedelic-related treatments, is pleased to announce the addition of Rob Hill to the Board of Directors. Mr. Hill brings over twenty years of senior leadership experience in capital markets, and specific domain expertise in heavily regulated markets experiencing hyper-growth, big data and compliance management. He has extensive management and board-level experience applying his deep operational and financial knowledge to strategic leadership, technology innovation, financing and mergers and acquisitions. Mr. Hill will replace Terese Gieselman on the Board.
Mind Cure is investing significant resources into its proprietary platforms, and this transition at the director level further enhances the Company’s leadership in these key technology areas. Mind Cure has positioned itself as a technology leader in the psychedelics industry with its recently-announced proprietary iSTRYM and PsyCollage platforms, and continues to build the team needed to execute successfully on its robust technology strategy.
“Firstly, I would like to thank Ms. Gieselman for her help in guiding Mind Cure to where it is today, particularly with her financial and capital markets expertise,” said Kelsey Ramsden, President & CEO. “We are thrilled to welcome Mr. Hill to our Board of Directors. We strongly believe in the therapeutic importance and commercial potential of technology with regards to psychedelic drugs, treatments and therapies, and continue to build a world-class technology leadership group. Mr. Hill’s track record of success in the capital markets and specific technology management expertise will add immense value to Mind Cure.”
As part of its mission to identify, develop and commercialize products that enhance mental health and wellness, ease suffering and increasing productivity, Mind Cure is investing significantly in digital therapeutics technology. There is a particular focus on capturing, managing and enhancing data through the application of AI and machine learning, both with iSTRYM and PsyCollage.
Mr. Hill’s extensive expertise in mergers and acquisitions will bring significant value to the Company as it pursues its aggressive growth plan, both organically and by acquisition.
“Throughout my career, I have worked extensively to embrace and adopt innovative technology and know the importance of employing analytics to extract meaningful insights,” said Mr. Hill. “I look forward to helping Mind Cure’s leadership team further establish the company as a technology leader in psychedelics, and advising on the strategic direction and M&A opportunities of the Company.”
About Rob Hill
A recognized global technology and financial leader, Mr. Hill has experience in managing private and publicly traded cannabis, technology and financial services companies in Canada, the USA and Japan. He possesses an exceptional track record in developing high-performance teams and holds a Chartered Professional Accountant designation in British Columbia, Canada. He has helped numerous companies to scale production, operations and headcount, and has led several successful restructurings as well. Mr. Hill began his professional career with KPMG, served as a VP at Haywood Securities for a decade and most recently held the CFO position in the Technology and Media and Life Sciences industries. He has broad industry experience in the Technology & Media, Financial Services, and Life Sciences sectors.
The Company has issued a total of 250,000 stock options to Mr. Hill pursuant to the terms of the Company’s incentive stock option plan (“Plan”). The stock options are exercisable at a price of $0.60 per share and subject to the terms of the Plan.
About Mind Cure Health Inc.
Mind Cure exists as a response to the current mental health crisis and urgent calls for effective treatments. Mind Cure believes in the need to reinvent the mental health care model for patients and practitioners to allow psychedelics to advance into common and accepted care.
Mind Cure is focused on identifying and developing pathways and products that ease suffering, increase productivity, and enhance mental health. Mind Cure is interested in exploring diverse therapeutic areas beyond psychiatry, including digital therapeutics, neuro-supports, and psychedelics, all to improve mental health.
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