VANCOUVER , Feb. 20, 2019 /CNW/ – Koios Beverage Corp. (KBEV.CN)(KBEVF) (the “Company” or “Koios“), a market leader in the functional beverage space, is pleased to announce the appointment of Aussie Jiwani to the Company’s Advisory Board.
Mr. Jiwani was the Key Account Managers for BC Retail Chains and Grocery for Arterra Wines Canada (formerly Constellation Brands Canada) and before that was National Account Manager with Molson Coors Canada , the largest beer producer in the country. He has worked in the alcoholic beverage industry for 23 years.
“It would be difficult to find anyone with more experience in the sales and distribution of beverages anywhere in North America ,” said Koios CEO Chris Miller. “Obviously, we are absolutely thrilled Mr. Jiwani has agreed to join our team, and we look forward to working together in advancing our brand across the US and Canada in the coming years.”
Koios is best known as a leading producer of nootropic beverages and supplements – sometimes known as ‘Smart Drinks’ – with a proprietary blend of natural ingredients that have been shown to enhance mental focus, memory, cognitive function and alertness. Koios also operates Cannavated Beverage Corp., a wholly owned subsidiary that develops CBD beverages.
Aussie said he is excited to be back working with an innovative beverage company, particularly one that is working in the emerging functional beverage space.
“I’ve spent most of my life in the beverage industry, and I know a winner when I see one,” said Jiwani. “Koios is a young company, but I believe they are uniquely positioned to blaze bold new trails and eventually become market leaders.”
Miller says he and the Koios team consider the inclusion of Mr. Jiwani on the Advisory Board as an important next step for the Company.
“Having just added 3,000 additional retail locations, KOIOS is growing at an accelerated rate, and with that comes new challenges,” Miller said. “Aussie has the experience and the connections to help us scale effectively and the help us grow market share efficiently.”
About Aussie Jiwani
Mr. Jiwani is a veteran executive in the North American beverage industry, becoming the National Account Managers with both Molson Coors Canada and Key Account Manager with what is now Arterra Wines Canada (formerly Constellations Brands Canada). He has consistently been recognized for setting record sales figures, developing new sales territories, and building up large new corporate accounts or acquisitions.
A long-time Vancouver resident, Mr. Jiwani assisted in organizing the Molson Indy Vancouver race series and the Molson 2010 Winter Olympics.
Grant of Options
As compensation for working with Koios on the Advisory Board, the Company granted to Mr. Jiwani 500,000 stock options to purchase up to 500,000 common shares of the Company pursuant to its Stock Option Plan. Each option is exercisable for a period of two years at an exercise price of $0.30 per common share. 100% of the stock options vest on the date that is four months from the date of grant.
The Company also granted to Mr. Miller 500,000 stock options to purchase up to 500,000 common shares of the Company pursuant to its Stock Option Plan. Each option is exercisable for a period of two years at an exercise price of $0.30 per common share. 100% of the stock options vest on the date that is four months from the date of grant.