Mind Cure appoints Kelsey Ramsden as President and Chief Executive Officer

VANCOUVER: Mind Cure Health Inc. announced the appointment of Kelsey Ramsden as President and Chief Executive Officer, effective immediately.

With Over 15 years founding, scaling and operating innovative businesses across several industries, Mrs. Ramsden has built multiple eight-figure companies from the ground up. She is an experienced leader and acclaimed entrepreneur, twice recognized as Canada’s Top Female Entrepreneur of the Year.

After serving as Mind Cure’s COO, Mrs. Ramsden steps into the President and CEO role as of December 1, 2020. She possesses a thorough understanding of the mental health industry and a clear vision of where it is going.

Mrs. Ramsden stated, “I am humbled and excited to step into the position of President and CEO at Mind Cure. I have a profound passion for this industry and finding a better way to treat mental health. Through firsthand experience I know the incredibly promising potential of new drugs, treatments and therapies and am excited to work with our team to bring them to people in need.”

After guiding Mind Cure through its initial public offering and early operations, former President and CEO Philip Tapley will continue to serve the Board of Directors as Chairman. It was obvious to him early on that Mrs. Ramsden was the right leader to continue to build upon what he started.

“Mrs. Ramsden will take our strategic vision to new heights,” said Mr. Tapley. “We have earned the trust of the industry and our shareholders these past few months, and now we get to work to translate that into earning the trust of our customers and those in need of new mental health treatments. Mrs. Ramsden has the full support of our Board of Directors and the right strategic plan in place for Mind Cure to become an industry leader.”

Mind Cure aims to identify and develop the pathways transforming mental health and wellness. Its unique focus will provide doctors, clinicians, and health regulators with data-driven research to prove the efficacy of treatment for people suffering from mental health illnesses and looking for a new way forward.

“There are many promising companies, areas of research and studies emerging every single day in our industry. I will ensure that everything we do at Mind Cure is built on trust and backed by science,” said Mrs. Ramsden.

“This growing industry of psychedelics and new mental health treatments requires a paradigm shift away from the old way of doing things. I have done things differently as a leader throughout my career. This industry needs more individualization. Richer scientific rigor. More empathy and trust that is earned. This is how I plan to lead Mind Cure.”

Kelsey Ramsden has spent her life building and scaling businesses in unconventional ways. She was named one of Canada’s 100 most powerful women, won Canada’s #1 female entrepreneur two years in a row, and proudly serves as a Richard Branson Centre Mentor.

Mrs. Ramsden also serves on the Entrepreneurship Council for the University of Western Ontario. An accomplished keynote speaker and bestselling author, she holds an MBA from the Richard Ivey School of Business at the University of Western Ontario.

The Company has granted a total of 500,000 stock options to Mrs. Ramsden pursuant to the terms of her executive employment agreement and the Company’s incentive stock option plan. The stock options are exercisable at a price of $0.63 and subject to the terms of the Plan.

Mind Cure Health Inc. exists as a response to the current mental health crisis and urgent calls for effective treatments. Mind Cure believes in the need to reinvent the mental health care model for patients and practitioners to allow psychedelics to advance into common and accepted care.

Mind Cure is focused on identifying and developing pathways and products that ease suffering, increase productivity, and enhance mental health. Mind Cure is interested in exploring diverse therapeutic areas beyond psychiatry, including digital therapeutics, neuro-supports, and psychedelics, all to improve mental health.

www.mindcure.com

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