Elixxer, Ltd. announces changes to the Board of Directors

MONTRÉAL, July 23, 2020 (GLOBE NEWSWIRE) -- Elixxer Ltd. (TSX-V: ELXR)  (OTC-QB: ELIXF) (FRA: 2LQA) ("ELIXXER” or (the "Company)  Ferras Zalt, Executive Chairman, announces that David Lenigas, has resigned from the Board effective today. 

Ferras Zalt, "from when David stepped aside for me to take on the position as Chairman, he continued on as an excellent steward for the company in these volatile markets.   I valued his insight and advice as a member of the Board.  I, along with the rest of the board and mangement, wish our friend well with his future endeavours.”

David is fully committed to his Chairman’s duties with respect to his mining operations in Australia. 

About Elixxer Ltd. (www.Elixxer.com)

ELXR Ltd. is a Canadian public company listed on the TSX Venture Exchange (TSX-V: ELXR) and the US OTC-QB exchange (OTCQB: ELIXF).

Through its partners ELXR presently has significant interests in Australia, Jamaica, Switzerland, Italy and Canada.

For further information please contact:

Mazen Haddad, CEO: mazen@elixxer.com
John McMullen, President: john@elixxer.com

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This press release may contain forward-looking statements with respect to Elixxer and its operations, strategy, investments, financial performance and condition. These statements can generally be identified by use of forward-looking words such as "may”, "will”, "expect”, "estimate”, "anticipate”, "intends”, "believe” or "continue” or the negative thereof or similar variations. The actual results and performance of Elixxer, including completion of the Loan and any future investment or acquisition, could differ materially from those expressed or implied by such statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Some important factors that could cause actual results to differ materially from expectations include, among other things, general economic and market factors, competition, government regulation and the factors described under "Risk Factors and Risk Management” in Elixxer’s most recent Management’s Discussion and Analysis filed on SEDAR (www.sedar.com). The cautionary statements qualify all forward-looking statements attributable to Elixxer and persons acting on its behalf. Unless otherwise stated, all forward-looking statements speak only as of the date of this press release, and Elixxer has no obligation to update such statements, except to the extent required by applicable securities laws.