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XS Financial Appoints New CFO to Drive Next Phase of Growth

March 29, 2021, 07:22 AM

XS Financial Inc. an equipment finance and leasing company serving cannabis and hemp companies in the United States, announced Nelson Lamb has been appointed as Chief Financial Officer, replacing Joe Fazzini.

Lamb is an accomplished finance executive who has held Chief Financial Officer positions with several exchange listed issuers, including Organic Garage. He brings over 15 years of experience in leading scale and growth initiatives and has extensive IFRS and US GAAP accounting experience. Lamb has served in a consulting and managerial capacity for several companies operating on the TSX-V, CSE and the NASDAQ. Before Lamb's public market roles, he served as a Senior Associate with PricewaterhouseCoopers.

Lamb said, "We are entering a very exciting time for XS, and I am looking forward to playing an integral role in growing the company to the next level. Having completed our most recent financing, the company is appropriately capitalized and well-positioned to execute its business plan. I look forward to working with our management and executive team to expand our offering solutions and drive profitability to maximize shareholder value."

For more information on XS Financial, which changed its name from Xtraction Services, see Equipment Finance Advisor’s interview with Kenneth Senter.

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