VANCOUVER, May 15, 2019 /CNW/ - Katipult Technology Corp. (TSXV: FUND and FRA:K10) ("Katipult" or the "Company"), provider of an industry leading and award-winning cloud-based software infrastructure for digitizing and automating private placements, is pleased to welcome Michael D. Sharpe as Board Secretary.

"We are excited to strengthen our team with Michael whose extensive leadership experience in the financial services industry will be invaluable in our growth strategies. We look forward to leveraging his unique skill-sets as we continue to build value for our shareholders." said Brock Murray, CEO of Katipult.

Michael D. Sharpe

Michael is a Securities Industry Consultant located in Toronto, Ontario and has been Corporate Secretary of Solium Capital Inc. Since 2011. Mr. Sharpe was Senior Vice President, General Counsel and Chief Compliance Officer of Richardson Partners Financial Limited, an independent wealth management firm, responsible for Legal, Compliance, Credit and Internal Audit functions from 2003 to 2009. Mr. Sharpe was Vice-President, Head of Canada Compliance at CIBC from 1999 to 2001 and was responsible for all Canadian compliance functions including trading floor compliance and wealth management compliance (discount brokerage, CIBC Wood Gundy, mutual funds and trust company compliance). Mr. Sharpe was the Director of Compliance and Corporate Secretary of RBC Dominion Securities Inc. and was responsible for global compliance at RBC Dominion Securities from 1991 to 1999. He joined RBC Dominion Securities in 1988 as Corporate Secretary and became Chief Compliance Officer in 1991. Mr. Sharpe was called to the bar in 1980 in Alberta and Ontario and practiced securities and corporate law in Calgary and Toronto.

In connection with the appointment, the Company has granted Mr. Sharpe 40,323 restricted share units ("RSUs") in accordance with the terms of the Company's RSU Plan. The grant of RSUs is subject to approval of the TSX Venture Exchange.

About Katipult
Katipult (www.katipult.com) is a proprietary cloud-based software infrastructure to digitize and automate private placements, while providing best-of-breed standards for eliminating transaction redundancy, enhancing investor experience, and accelerating deal flow. We provide unparalleled adaptability for regulatory compliance, asset structure, business model, and localization requirements. We have compliant platforms in over 20 unique regulatory environments.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS PRESS RELEASE.

THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO SELL ANY OF THE SECURITIES DESCRIBED HEREIN IN THE UNITED STATES, THESE SECURITIES HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1993, AS AMENDED, OR ANY SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.

SOURCE Katipult Technology Corp.

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