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Chemesis Announces Change in Management

Management Changes

Chemesis Announces Change in Management

July 21, 2022

Vancouver, BC - Chemesis International Inc. (CSE: CSI, OTC PINK: CADMF, FRA: CWAA) (the “Company”

or “Chemesis”) announces that, in connection with the Company’s contemplated change of business

to a mineral resource issuer, Edgar Montero has resigned as Chief Executive Officer of the Company.

Current Chairman and Director of the Company, Aman Parmar, has been app ointed as Interim Chief

Executive Officer to fill the vacancy.

Mr. Parmar is an experienced corporate executive and Chartered Professional Accountant who has

worked with companies in mineral resources, oil and gas, energy, health care, manufacturing, and real

estate sectors. Mr. Parmar has extensive experience in capital markets and has been involved in

corporate restructurings and financings for both public and private companies during his career.

The Company would like to thank Mr. Montero for his contributions to the Company over the years and

wishes him the best in his future endeavours.

On Behalf of The Board of Directors

Aman Parmar

Interim CEO & Chairman of the Board

Investor Relations:

[email protected]

1 (604) 398-3378

Forward-Looking Information: This news release may include forward-looking statements that are subject

to risks and uncertainties. All statements within, other than statements of historical fact, are to be

considered forward-looking. Although the Company believes the expectations expressed in such forward-

looking statements are based on reasonable assumptions, such statements are not guarantees of future

performance and actual results or developments may dif fer materially from those in forward -looking

statements. There can be no assurances that such statements will prove accurate and, therefore, readers

are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to

update any forward-looking statements except as required under the applicable laws. This press release

contains forward- looking statements. The use of any of the words "anticipate", "continue", "estimate",

"expect", "may", "will", "project", "should", "believe " and similar expressions are intended to identify

forward-looking statements.

The CSE has not reviewed, approved or disapproved the content of this press release