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XORTX Announces Appointment of CFO

  • November 6, 2018December 22, 2020
  • by aaronbb

CALGARY, Alberta, Nov. 06, 2018 (GLOBE NEWSWIRE) — XORTX Therapeutics Inc. (“XORTX” or the “Company”) (CSE:XRX; OTCQB:XRTXF), a biopharmaceutical company focused on developing innovative therapies to treat progressive kidney disease (“PKD”), is pleased to announce the appointment of James Fairbairn as Chief Financial Officer.  James Fairbairn has more than 20 years of experience with publicly-traded companies.  He is a Chartered Professional Accountant, having obtained his CPA designation in 1987 and an Institute-certified Director.  Jim Fairbairn holds a B.A. from the University of Western Ontario.   

Dr. Allen Davidoff, XORTX’s CEO stated, “We are pleased to have Jim join XORTX. His extensive corporate governance and financial reporting experience with emerging companies will be an asset for the Company.  We wish to thank Dave Matthews for his commitment to XORTX and excellent work during the time he was part of the team. We wish him all the best success in his future endeavors.  Dave is remaining with XORTX to assist with the transition.”

In connection with his appointment as Chief Financial Officer, James Fairbairn has been granted 250,000 options to purchase common shares of the Company exercisable at a price of $0.50 per common share and expiring five years from the date of grant, being November 5, 2023.

About XORTX Therapeutics Inc.

XORTX biopharmaceutical company focused on developing innovative therapies to treat progressive kidney disease.  XORTX has lead programs to develop treatments for progressive kidney disease due to diabetes, diabetic nephropathy and polycystic kidney disease.  Secondary programs focus on developing therapies for health consequences that accompany pre-diabetes, diabetes and cardiovascular disease. Additional information on XORTX is available at www.xortx.com.

For further information, please contact:

Allen Davidoff, CEO

adavidoff@xortx.com or +1 403 455 7727

or Erik Matthews, Corporate Communications & Investor Relations

info@xortx.com or +1 747 203 5240

The CSE has neither approved nor disapproved the contents of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

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Related

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Press Releases

  • XORTX Provides Corporate Update January 19, 2021
  • XORTX Grants Options January 12, 2021
  • XORTX Announces Private Placement January 7, 2021
  • XORTX Announces Grant of European Patent December 29, 2020
  • XORTX Announces Topline Results from Mount Sinai’s COVID-19 Clinical Study November 16, 2020

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XORTX Therapeutics Inc.
4000, 421 7th Avenue SW
Calgary, Alberta T2P 4K9
Ph: +1 (403) 455-7727
info@xortx.com
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