Edmonton, Alberta, July 8, 2025 – Innovotech Inc. (TSX-V: IOT) (“Innovotech”, or the “Company”) concluded its annual general and special meeting of shareholders on July 8, 2025. Shareholders voted in favor of all matters, which included the re-election of James Timourian, Karen Farkas, David Tam, Julie Wright, Brad Clark, and Craig Milne as directors of the Company. Shareholders approved the appointment of D&H Group LLP as the Company auditors for the next fiscal year and continued the Omnibus Security Based Compensation Plan first adopted in 2024.
Innovotech also welcomes Arden Tse to the board of directors. Mr. Tse is an Edmonton-based venture capital investor with over 20 years of diverse investment management experience. He currently leads Yaletown Partners’ early-stage technology investments in Alberta through the Accelerate Funds II to IV, he specializes in identifying high-potential startups in life sciences and tech. Mr. Tse holds a BSc and an MBA in Finance from the University of Alberta and is a certified Executive Coach through Royal Roads University.
In addition, Innovotech announces the departure of two long-serving executives, Chief Operating Officer Dr. Tyler Boone and Chief Scientific Officer Dr. Patricia Nadworny. “We thank each of them for their long-term dedicated service and accomplishments over the years with Innovotech”, said Craig Milne, CEO.