- Safe Supply Streaming (CSE:SPLY) has appointed Tony Clement to its board of directors and as chair of its audit committee
- Clement served as a health minister, industry minister and president of the treasury board in Prime Minister Stephen Harper’s Cabinet from 2006 to 2015
- Safe Supply is focused on generating sustainable growth and shareholder value by leveraging technology-driven solutions that meet critical needs in healthcare and wellness
- Safe Supply Streaming stock has given back 75 per cent from its all-time-high since listing in 2023
Safe Supply Streaming (CSE:SPLY) has appointed Tony Clement to its board of directors and as chair of its audit committee.
Clement, a trained lawyer, served as a health minister, industry minister and president of the treasury board in Prime Minister Harper’s Cabinet from 2006 to 2015, spearheading cost reductions and closing a deal with Chrysler and GM to protect the Canadian auto sector. He also worked as a Member of Parliament from 2006 to 2019.
Before federal politics, he held roles in the Ontario Cabinets of Premiers Mike Harris and Ernie Eves, including frontline health minister during the 2003 SARS outbreak.
According to Thursday’s news release, when it comes to business, Clement “leads IT startups, serves on IT and healthcare boards and provides strategic advice internationally, maintaining strong connections globally,” positioning Safe Supply Streaming to benefit from his “insights from legal, geopolitical and financial perspectives.”
“I’m honored to join the board of directors and take on the role of audit committee chair at Safe Supply during this transformative time for the company,” Clement said in a statement. “Throughout my career in public service and the private sector, I’ve seen firsthand the importance of innovation in addressing complex societal issues – and Safe Supply is leading the way with a bold and compassionate approach to harm reduction and healthcare technology. I believe the company is uniquely positioned to make a meaningful impact in the lives of individuals and communities, and I’m eager to contribute my experience in health, governance and strategic leadership to support its mission and long-term growth.”
The news coincides with the resignations of Najla Guthrie and James Obaji from the board of directors, as well as Safe Supply’s announcement of an upcoming non-brokered private placement to top up general and working capital.
About Safe Supply Streaming
Safe Supply is focused on generating sustainable growth and shareholder value by leveraging technology-driven solutions that meet critical needs in healthcare and wellness. The company specializes in harm reduction products, including test strips for detecting illicit substances such as fentanyl and xylazine in drugs and alcohol.
Safe Supply Streaming stock (CSE:SPLY) is down by 6.67 per cent trading at C$0.07 per share as of 9:37 am ET. The stock has given back 75 per cent from its all-time-high since listing in 2023.
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(Top photo of Safe Supply Streaming’s fentanyl detection strips: Safe Supply Streaming)
