OSL 14.3% 0.6¢ oncosil medical ltd

Ann: Termination of Mr Daniel Kenny as Chief Executive Officer, page-2

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    Termination of Mr Daniel Kenny as Chief Executive Officer
    Sydney, Australia – 2 December 2020: The Board of OncoSil Medical Ltd (ASX: OSL) (OncoSil or the
    Company) announces that its Chief Executive Officer, Mr. Daniel Kenny, has been terminated effective
    today. The Board would like to thank Daniel for his services and contribution to OncoSil over the last 6
    years.
    As the Board undertakes a process for Daniel Kenny’s replacement, OncoSil’s current Chairman, Dr. Chris
    Roberts, will step into the role of Executive Chairman. Dr Roberts has been Chairman of OncoSil since
    May 2017.
    Since the approval of the CE Mark on 1 April, the Company has progressed many of the necessary launch
    preparations for first sales in Europe, however first European revenues are unlikely to occur by the end of
    calendar 2020 as previously forecast. The Board is working directly with Nigel Lange (President EMEA) and
    the executive team and will update expectations in due course.

    Happy Days, here we go.
 
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