Mr. Kohler has over 33 years of experience as an entrepreneur, investor, financial executive, and board member at leading technology and financial services organizations. He currently serves as chairman and CEO of Exelerate Capital Toronto, a strategic advisory merchant banking group.

He is best known as a keen supporter of technology companies, efficient capital deployment, and growth strategies.

“BVT has a very compelling technology and a strong patent portfolio, with a significant market opportunity in the global ag industry to be a leading provider of sustainable agriculture innovation,” said Mr. Kohler. “I look forward to helping BVT accelerate the commercialization and growth of its technologies.”

Mr. Kohler is known to be an innovator in his roles with boards in North America, making him an excellent fit for BVT’s pioneer vision in the agriculture technology market.

Michael Collinson, chairman of BVT, commented on Mr. Kohler’s appointment.

“Mark’s extensive experience across capital markets and technology will be a significant asset as we continue to accelerate the commercialization of BVT,” he remarked.

“Mark’s current and past board experience will also strengthen BVT’s corporate governance stance,” he added, “which is an important consideration as the company looks to increase its reach in the U.S.”

BVT also announced that Claude Flueckiger has resigned from the board of directors, effective June 30, 2021.

Bee Vectoring Technologies is a market disruptor with a significant global market opportunity in the $240 billion crop protection and fertilizer market.

BVT has pioneered a natural precision agriculture system that replaces chemical pesticides by delivering biological pesticide alternatives using commercially grown bees.

Bee Vectoring Technologies (BEE) is down 1.61 per cent on the day, trading at $0.305 per share as of 9:30 am ET.