Menē Inc. Appoints New Board Member

TORONTO--()--Menē Inc. ("Menē" or the "Company"), an online 24 karat investment jewelry brand, today announced the appointment of Michele Ashby to the Company’s Board of Directors, effective immediately.

"I am thrilled to welcome Michele Ashby to the Menē Board of Directors, who brings a wealth of experience in both corporate governance and the gold industry," said Menē Founder and CEO, Roy Sebag. Mr. Sebag added, "Michele has been a thought leader, author, and connector within the precious metal industry for decades, and we are fortunate to have her join our company and help spread our message and mission."

Michele Ashby is Principal & Founder of Ashby Consulting Enterprises LLC. (ACE LLC.), where she uses her extensive corporate, executive and entrepreneurial experience in corporate strategic planning, career coaching, financial and business advancement, investor engagement, organizational development, evaluation and analysis, marketing, branding and communications to help professionals realize their market and growth potential. Michele is an engaged independent director with 17 years of corporate board experience on four public boards. She also serves as an Independent Director for McEwen Mining Inc. (MUX:NYSE).

Not only has Michele created and led private investor programs for various growing and established companies to hundreds of leaders and investors around the world, she has also spent more than 20 years as a gold specialist/analyst and a serial entrepreneur. She has expertise in fundamental valuation and analysis with a focus on corporate strategy and management and has wide-ranging International business experience through her time with MINE LLC, Denver Gold Group, Lithium X, Lucky Strike Resources, McEwen Mining Inc., and Lake Victoria Mining Company.

About Menē Inc.

Menē crafts pure 24 karat gold and platinum jewelry that is transparently sold by gram weight. Through Mene.com customers may buy jewelry, monitor the value of their collection over time, and sell or exchange their pieces by gram weight at prevailing market prices. Menē was founded by Roy Sebag and Diana Widmaier-Picasso with a mission to restore the relationship between jewelry and savings. Menē empowers consumers by marrying innovative technology, timeless design, and pure precious metals to create pieces which endure as a store of value.

For more information about Menē, visit mene.com.

Forward-Looking Statements

This news release contains certain "forward-looking information" within the meaning of applicable Canadian securities laws that are based on expectations, estimates and projections as at the date of this news release. The information in this release about the receipt of TSX-V final approval with respect to the listing of the Class B Shares, the Company’s anticipated use of available funds, and the future plans and objectives of the Company are forward-looking information.

Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information.

This forward-looking information is based on reasonable assumptions and estimates of management of the Company at the time it was made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others, the requirement for final approval of the TSX-V for the listing of the Class B Shares; global economic climate; dilution; the Company’s limited operating history; future capital needs and uncertainty of additional financing; the competitive nature of the industry; currency exchange risks; the need for the Company to manage its planned growth and expansion; the effects of product development and need for continued technology and manufacturing change; protection of proprietary rights; the effect of government regulation and compliance on the Company and the industry; network security risks; the ability of the Company to maintain properly working systems; theft and risk of physical harm to personnel; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; and volatile securities markets impacting security pricing unrelated to operating performance. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation to revise or update any forward-looking information other than as required by law.

Contacts

Menē Inc.
Renee We, +1 647 494 0296
ir@mene.com
or
Jacquelyn Humphrey
Chief Operating Officer
jac@mene.com

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Contacts

Menē Inc.
Renee We, +1 647 494 0296
ir@mene.com
or
Jacquelyn Humphrey
Chief Operating Officer
jac@mene.com