FRX Innovations Inc. ("FRXI" or the "Resulting Issuer") announced the completion of the previously announced business combination transaction (the "Business Combination") involving FRX Polymers Inc. ("FRX") as the "Qualifying Transaction" of the Resulting Issuer. Pursuant to the Business Combination, the Resulting Issuer's board of directors has been reconstituted to include Ross Haghighat, James Cassina, Frank Hallam, CPA, Marc-Andre Lebel, P.Eng., Mark Lotz, Dr. Bernhard Mohr, PhD, Ekaterina Terskin and Fanglu Wang.