ReutersReuters

Veji Announces Change of Directors and Chief Executive Officer

(TheNewswire)

Vancouver, British Columbia –TheNewswire - December 20, 2024 – Veji HoldingsLtd. (CSE:VEJI.X) (OTC Pink: VEJIF)(“Veji” or the “Company”) is pleased to announce theappointment of Mr. Guy Bourgeois as a new director and Chief ExecutiveOfficer (“CEO”) of the Company, effective immediately.

Mr. Bourgeois has spent the past 30 years contributingto the success of numerous innovative companies as an owner, investor,advisor, and board member. He brings extensive expertise in raisingcapital, securing government grants, driving global businessdevelopment, and crafting effective business strategies. With decadesof board experience, Mr. Bourgeois is a seasoned professionalspecializing in commercial growth and the advancement of innovativeand disruptive technologies.

The Company also announces the resignation of Mr.Stephen Wall as a director and CEO of the Company, effectivelyimmediately. The Company extends its gratitude to Mr. Wall for hiscontributions and wishes him every success in his futureendeavors.

About the Company

The Company is a reporting issuer in Canada and islisted on the Canadian Securities Exchange under the symbol“VEJI.X” and on the OTC under the symbol “VEJIF”.

For more information, please visit www.VejiHoldings.com.

On Behalf of the Board ofDirectors

“GuyBourgeois”

Guy Bourgeois

Director & Chief Executive Officer

Telephone:  604-687-2038

Email: ir@vejiholdings.com

The CSE has neither approved nordisapproved the contents of this news release. Neither the CSE nor itsMarket Regulator (as that term is defined in the policies of the CSE)accepts responsibility for the adequacy or accuracy of thisrelease.

Forward-LookingInformation

This news release containsforward-looking information which is not comprised of historicalfacts. Forward-looking information is characterized by words such as“plan”, “expect”, “project”, “intend”, “believe”,“anticipate”, “estimate” and other similar words, orstatements that certain events or conditions “may” or “will”occur. Forward-looking information involves risks, uncertainties andother factors that could cause actual events, results, andopportunities to differ materially from those expressed or implied bysuch forward-looking information. Factors that could cause actualresults to differ materially from such forward-looking informationinclude, but are not limited to, changes in the state of equity anddebt markets, fluctuations in commodity prices, delays in obtainingrequired regulatory or governmental approvals, and includes those risks setout in the Corporation’s management’s discussion and analysis asfiled under the Corporation’s profile at www.sedarplus.ca. Forward-looking information in this newsrelease is based on the opinions and assumptions of managementconsidered reasonable as of the date hereof, including that allnecessary governmental and regulatory approvals will be received asand when expected. Although the Corporation believes that theassumptions and factors used in preparing the forward-lookinginformation in this news release are reasonable, undue reliance shouldnot be placed on such information. The Corporation disclaims anyintention or obligation to update or revise any forward-lookinginformation, other than as required by applicable securitieslaws.

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