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Board of Directors

Paul Ramsay (BBA) Co-Founder, Chairman & CEO

Mr. Ramsay is the co-founder and has been the CEO of CanaQuest Medical Corp, since December 2022. He was the President from November 2008 to November 2022 and is committed to helping and improving people’s quality of life and well-being. The Company transformed into cannabinoid research and development in 2018. He has over 30 years of business development and management experience, He was the co-founder and former CEO and VP of Business Development with Cymat Corp, (TSX: CYM) with a market valuation of $200 million in 2002, and was instrumental in securing the Stabilized Aluminum Foam (SAF) license from Alcan International Ltd., successfully negotiated a $10 Million technology development program with Industry Canada (TPC), participated in the completion of $25 million in financing with financial institutions. He worked on projects with several major corporations, such as Anheuser Busch, Norsk Hydro, Hostess Frito Lay, Northern Telecom, Astra Zeneca, Glaxo, and Ontario Hydro.

Richard Rusiniak (Mechanical Engineer) Co-Founder, Director, CTO & President

Mr. Rusiniak is the co-founder and has been the CTO of CanaQuest Medical Corp, since December 2022. He was the CEO from November 2008 to November 2022. He has over 35 years of management, design, and process experience, was the co-founder and former President, CFO, and CTO of Cymat Corp (TSX: CYM) with a market valuation of $200 million in 2002, negotiated an Aluminum Foam Manufacturing license with Alcan International Ltd., and successfully commercialized the technology, prepared full documentation and completed a $10 Million technology development program with Industry Canada (TPC), participated in the completion of $25 million in financing with financial institutions. From 1978 to 1988, he was a project manager with Long Manufacturing, as well as The Ontario Research Foundation (Ortech). Projects on which he has consulted include NASA’s Zero Gravity Program, Atomic Energy of Canada’s Re-tubing Program, and Hawker Siddeley’s Bi-Level GO Train Modularization.

Ross Eastley (CA) Director & CFO

Mr. Eastley has been the Chief Financial Officer of the Company since September 2009. He has over 35 years of accounting and CFO experience in both private and public sector organizations as well as serving as an executive Board member on a number of Boards for in excess of 20 years. Prior to that, he was CEO of the Canadian Society of Immigration Consultants (CSIC) from 2006 – 2009. Mr. Eastley reported to a nine-member Board, responsible for strategic planning, corporate communications, initial regulatory functions, creation of the staffing structure, and management of legal processes. Former V P/Controller for Brandon University.

Cameron McDonald (BA, BSc, MBA) Director

Mr. McDonald is a venture capital executive and entrepreneur with over 25 years of corporate finance and business development experience. He is currently the CEO of Ocean Trout Canada Inc., a leading Canadian aquaculture company. Before joining Coldwater Fisheries Inc. in early 2016, Mr. McDonald was a founder and executive of Global SeaFarms Corporation. From 2004 to 2009, Mr. McDonald was an investment banker with Canaccord Adams (now Canaccord Genuity), where he worked on over $500M in public financings on the TSX, TSXV and AIM exchanges as well as M&A advisory assignments. Mr. McDonald has served on numerous public and private boards of directors and has completed the Chartered Financial Analyst “CFA” program.