X1 Entertainment Group Inc. announced that Latika Prasad, a current director of the company, has been appointed chief executive officer of the company. Ms. Prasad has been an officer and director of private and publicly traded companies for over 30 years and has significant experience in the mining sector. Ms. Prasad?s experience ranges from private start-ups to mid-tier market cap public companies, and encompasses corporate finance, private placements, initial public offerings, and reverse takeovers.

Adam Giddens, the company?s former chief executive officer, resigned effective December 1, 2023. However, Mr. Giddens will continue to serve as a director of the company.