Calgary, AB – TheNewswire – October 19, 2021 – Universal Ibogaine Inc. (TSXV:IBO) (“Universal Ibogaine”, “UI” or the “Company”), a life sciences company with a mission to research and deliver medicalized ibogaine-centered addiction care, is pleased to announce an expansion of its Board of Directors and welcomes two seasoned public company Board veterans, Anthony DeCristofaro and David Danziger, to fill two current Board vacancies.
Anthony DeCristofaro is currently CEO of Qnext Corp., a global developer of disruptive apps and private cloud technologies, and his extensive experience includes thirty years in the computer industry and three M&A transactions valued at more than $600 million. Over the course of his career, DeCristofaro has been sought out as a member of several high-profile public Boards, including Hartco, Delrina, Synchronica, and TransGaming. He also currently serves on the Board of Directors of Jack Nathan Medical Corp.
Previously he was President and CEO of iseemedia Inc. which merged with Synchronica in 2010, and was also CEO and founder of MGI Software Corp. (“MGI”). Anthony has an international business and technology background, building disruptive technologies into best-in-category companies for more than 30 years. DeCristofaro steered MGI’s market cap value on the TSE to over $1 billion, and later merged MGI with Roxio in 2002. Prior to MGI Mr. DeCristofaro was a founding board member of Delrina and Vice President/General Manager of AST Canada, in addition to founding computer equipment manufacturer NEC Canada.
David Danziger, CPA, CA
David Danziger is Senior Vice President, Assurance & National Leader, Public Companies of MNP LLP, Chartered Professional Accountants (“MNP”), Canada’s fifth largest accounting firm. He is a member of the firm’s management team and responsible for providing leadership and direction to MNP’s Assurance practice across Canada. David has extensive experience in both Canada and USA public market transactions and leverages significant expertise, having served as a director on many public companies listed on the TSX, the TSX Venture, the CSE and the New York Stock Exchange.
Mr. Danziger serves in both the audit function and as a compliance adviser to various public companies, and private firms looking to go public in Canada and in the USA. David has spent the last 18 years almost exclusively working with public company clients in a variety of industries, and advising on numerous complex and public market transactions, regulatory issues, and prospectus filings.
Mr. Danziger has extensive experience as a director of public companies, including serving in roles as Board Chairman and as Chairman of Audit Committees. His past Board roles include Minacs Worldwide (TSX), Gamesys PLC (LSE), The Intertain Group (TSX), American Apparel (NYSE), Integrity Gaming (TSXV), Eurotin Inc. (TSXV) and Euro Sun Mining (TSX).
Mr. Danziger is a past member of the Ontario Securities Commission’s Advisory Committee for Small to Medium Sized Enterprises, assisting in advising on potential future policies affecting the publicly traded markets in Ontario. He is also a member of the Advisory Committee to the TSXV.
From Dr. Rami Batal, UI’s Chief Executive Officer:
“We are excited to have attracted Anthony and David to join our Board, as they have extensive public company Board, corporate finance and capital markets experience, as well as success in advising and building start-up entities. We look forward to drawing on their expertise, which will include David serving as Chair of UI’s Audit Committee.