Nexia Health Appoints New CFO and Elects New Board at Annual Shareholders Meeting

/NOT FOR DISTRIBUTION IN THE UNITED STATES OR THROUGH UNITED STATES WIRE SERVICES/

MARKHAM, ON, Oct. 12, 2016 /CNW/ - Nexia Health Technologies Inc. (TSXV-NGH) (the "Company") is pleased to announce that, at the annual and special meeting of shareholders of the Corporation held on September 29, 2016, each of Sam Chebib, Azmin Daya and James Iglesias were elected directors.  Biographical information for these directors is contained in the Information Circular dated August 31, 2016. 

The Company also announced the appointment of Nick Clemenzi as Chief Financial Officer and Secretary of the Corporation effective September 29, 2016, who replaced David Toews.

Mr. Clemenzi is Principal at Innov8ive Management Advisory and has provided financial executive level support to management of various private and public companies requiring interim executive financial leadership since 2009.  Over his career, Nick has also held various leadership roles with Coreworx Inc., MedcomSoft Inc., Toromont Industries Ltd. and Deloitte & Touche, LLP.  Nick is a CPA, CA and a member of the Institute of Chartered Accountants of Ontario.

Forward-Looking Statements
This release contains forward-looking statements. Forward-looking statements, without limitation, may contain the words believes, expects, anticipates, estimates, intends, plans, or similar expressions. Forward-looking statements are not guarantees of future performance. They involve risks, uncertainties and assumptions and actual results could differ materially from those anticipated. Forward looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. In the context of any forward-looking information please refer to risk factors detailed in, as well as other information contained in the Company's filings with Canadian securities regulators (www.sedar.com).

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Nexia Health Technologies Inc.

For further information: Nexia Health Contact: Nexia Health Technologies Inc., Sam Chebib, Chief Executive Officer, Tel: (905) 943-2611, schebib@nexiahealth.com

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Nexia Health Technologies Inc.

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