Enablence Technologies Inc. announce that T. Paul Rowland has joined the Company in the role of CFO, replacing the Company's current CFO, Craig Mode, effective January 17, 2022. Mr. Mode will also leave his position as Co-CEO on January 31, 2022, following a short transition period. Mr. Mode's resignation has been accepted by the Board of Directors of the Company.

Mr. Mode was hired by the Company in May 2021 to lead its recently completed recapitalization transaction. Following the ending of the transition period on January 31, 2022, he will return to his prior role as a venture investor. Mr. T. Paul Rowland is a seasoned finance executive with over 35 years of experience in various senior finance and accounting roles.

Most recently, Mr. Rowland served for four years as CFO and corporate secretary for Brane Inc., a private cryptocurrency and blockchain company. Prior to this role, he served in executive roles with Yamana Gold Inc. and Barrick Gold Corporation and was CFO of a publicly listed resource company.