Danbel Ventures Inc.

November 14, 2014 15:48 ET

Danbel Ventures Inc. Announces New Director and Option Grants

TORONTO, ONTARIO--(Marketwired - Nov. 14, 2014) - Danbel Ventures Inc. (the "Company") is pleased to announce that Michael Stein has joined the Company's Board of Directors. Michael Stein was recently appointed President and Chief Executive Officer of the Company and is a past director of the Company. Mr. Stein currently acts as a financial consultant and advises clients on various matters, including acquisitions, divestitures, corporate financings, re-organizations and restructurings. Mr. Stein is also the President and Chief Executive Officer Applied Inventions Management Corp. Mr. Stein was a past Director, U.S. Money Markets for a federally chartered Canadian Trust Company and prior thereto a Senior Institutional Money Banker for a Savings & Loan Association in Long Beach, California. Mr. Stein majored in economics and graduated with a Bachelor of Arts from York University.

The Company also announced that, in accordance with its stock option plan, the board of directors of the Company approved the grant of an aggregate of 450,000 incentive stock options to various directors and an officer of the Company. The options are exercisable on or before November 14, 2016 at an exercise price of $0.05 per share. The granting of the options are subject to regulatory acceptance of applicable filings.

Contact Information

  • Danbel Ventures Inc.
    Michael Stein
    President and CEO