Ed Dumond has stepped down as CFO and corporate secretary, while Gordon McCreary, Douglas Bolton, Anthony Weldon, and Timothy Gould resigned as directors, the company added.

Rigillo is a chartered professional accountant with more than 20 years of experience in risk management, business processes, and strategic operations. Duthie is a Toronto-based corporate and securities lawyer, according to the statement.

Following these changes, McChip's management and board consist of Chief Executive Officer Richard (Bo) McCloskey, Rigillo, and Directors Dumond and Duthie.

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