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Cult Food Science Corp. - Common Shares
Symbol CULT
Shares Issued 94,094,580
Close 2025-08-29 C$ 0.015
Market Cap C$ 1,411,419
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ORIGINAL: CULT Food Science Announces Resignation of CEO

2025-09-02 08:30 ET - News Release

(via TheNewswire)

Cult Food Science Corp.
    

Toronto, Ontario, September 2, 2025 - TheNewswire - CULT Food Science Corp. (“CULT” or the “Company”) (CSE: CULT) (OTC: CULTF) (FRA: LN00), a disruptive food technology investment platform focused on making investments to pioneer the commercialization of lab-grown meat and cellular agriculture to reshape the global food industry, announces that Mitchell Scott has resigned as Chief Executive Officer (“ CEO ”) of the Company effective August 31, 2025.

 

The Board of Directors has commenced the process of identifying and evaluating potential candidates to serve as CEO and will provide an update in due course. In the interim, the Company’s executive team will continue to oversee day-to-day operations and strategic initiatives.

 

The Company thanks Mr. Scott for his contributions and wishes him success in his future endeavors.

 

About CULT Food Science

 

CULT Food Science is a disruptive food technology investment platform focused on making investments to pioneer the commercialization of lab grown meat and cellular agriculture to reshape the global food industry. The Company’s investments may include the acquisition of equity, debt or other securities of publicly traded or private companies or other entities, financing in exchange for pre-determined royalties or distributions and the acquisition of all or part of one or more businesses, portfolios or other assets. The Company also provides operational, advisory, and commercialization support to select companies in its portfolio, including collaboration in launching new consumer brands and products. The Company’s objective is to reshape the global food system while enhancing long-term shareholder value through active stewardship and innovation.

 

Additional information can be found by viewing the Company's website at www.cultfoodscience.com or its regulatory filings on www.sedarplus.ca .

 

On behalf of the Board of Directors of the Company,

 

CULT FOOD SCIENCE CORP.

 

"Steve Vanry"

Steve Vanry, Chief Financial Officer

 

For further information about CULT Food Science Corp.:

Tel: + 1 (888) 733 - 8581

Email: IR@CULTFoodScience.com

Web: CULTFoodScience.com

Twitter: @CULTFoodScience

 

Forward-Looking Information:

 

This news release contains “forward-looking statements” and “forward-looking information” within the meaning of applicable securities laws (collectively, “forward-looking statements”). Forward-looking statements relate to future events or the anticipated performance of the Company and reflect management’s current expectations and assumptions. Forward-looking statements in this release include, without limitation, statements regarding the Company’s search for and appointment of a new CEO, the interim management of the Company’s operations, and the Company’s ability to continue to advance its strategic initiatives and create shareholder value. Forward-looking statements are often, but not always, identified by words such as “anticipate”, “believe”, “plan”, “expect”, “intend”, “estimate”, “may”, “will”, “should”, “could”, and similar expressions. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and are subject to known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to: the Company’s ability to identify and attract a qualified CEO; the Company’s ability to maintain stability in its operations during the transition period; general business, economic, competitive, political and social uncertainties; the need for additional financing; reliance on key personnel; potential conflicts of interest; and volatility in the price and volume of the Company’s common shares. Additional risks and uncertainties are described in the Company’s most recent Management’s Discussion and Analysis and other disclosure filings, available under the Company’s profile on www.sedarplus.ca . Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, 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. Accordingly, readers should not place undue reliance on forward-looking statements. Except as required by applicable securities laws, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

 

SOURCE: CULT Food Science Corp.

 

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