Enablence Technologies Inc. announced that Mr. Craig 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.