Xylitol Canada Inc.

Xylitol Canada Inc.

February 08, 2016 15:40 ET

Xylitol Canada Announces Appointment and Resignation of Directors

TORONTO, ONTARIO--(Marketwired - Feb. 8, 2016) - Xylitol Canada Inc. ("Xylitol Canada", or the "Company") (TSX VENTURE:XYL) is pleased to announce that Matt Willer has been appointed to the board of directors of the Company.

Mr. Willer has served as Vice-President Sales and Marketing for Xylitol USA Inc. since August, 2011. Previously, Matt was the founder and owner of Progressive Holdings, LLC, a California based, leading direct to consumer producer and marketer of xylitol products in North America, which was purchased by the Company in 2011. Roger Daher, a director of the Company, stated, "We are pleased to have Matt join the board. Matt brings with him a wealth of corporate and commercial experience that will serve the board and the Company well."

The Company also announces that Tom Kierans has resigned as a director of the Company. The Board and the Company would like to thank Mr. Kierans for his contributions and faithful service to Xylitol Canada over many years.

Trading of the Company's common shares will resume on the TSX Venture Exchange shortly due to the appointment of Mr. Willer as a director.

About Xylitol Canada Inc.

Xylitol Canada markets xylitol and xylitol based-products and is focused on becoming a major low-cost manufacturer of xylitol and related products, serving the global market from operations in North America. Xylitol Canada's business strategy is to leverage novel proprietary technology and processes to become North America's premier manufacturer of low cost, high quality xylitol from readily available environmentally-sustainable biomass. Xylitol is a natural sweetener which is marketed globally including Canada and the United States and is accepted by the American Food and Drug Administration, the World Health Organization and the American Dental Association. Xylitol contains 75% less carbohydrates and 40% less calories than sugar, has a myriad of oral health benefits including the prevention of tooth decay and is safe for diabetics. To date, wider spread use of xylitol has been limited by the lack of a reliable, low cost, high quality supplier.

Neither TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information