AI/ML Innovations has appointed Lynn Chapman as Chief Financial Officer, effective October 1, 2026, as the company advances its artificial intelligence and neural-network technologies for digital health.
Chapman succeeds Terence Lee, who previously served as CFO.
Chapman is a Chartered Professional Accountant of Alberta with more than 15 years of financial and management experience.
He has provided accounting, financial reporting, business management and advisory services to companies listed on the Toronto Stock Exchange, TSX Venture Exchange and Canadian Securities Exchange, as well as privately held businesses.
Chapman began his career with KPMG after earning a Bachelor of Business Administration from Mount Royal University.
Alongside the CFO appointment, AI/ML Innovations entered into agreements with certain service providers to issue an aggregate of 7,744,062 common shares at a deemed price of C$0.05 per share.
The shares are being issued in consideration for past services and settlement of outstanding indebtedness.
Insiders are expected to acquire, directly or indirectly, an aggregate of 4,900,001 shares through the settlement.
The share issuance remains subject to Canadian Securities Exchange approval.
KEY QUOTES:
“We are pleased to welcome Lynn Chapman as AIML’s Chief Financial Officer. Lynn brings strong public-company reporting experience, financial discipline, and advisory expertise across multiple markets and industries. As AIML continues to advance its digital health platforms, regulatory initiatives, partnerships, and commercialization strategy, his financial leadership will be an important addition to the executive team. We also extend our sincere thanks to Terence Lee for his work and contributions to the Company.”
Paul Duffy, Executive Chairman and CEO of AI/ML Innovations
“I am pleased to join AIML at an important stage in the Company’s development. AIML is building a differentiated platform at the intersection of artificial intelligence, digital health, and regulated medical technology. I look forward to supporting the Company’s financial reporting, governance, and growth strategy as it continues to execute on its business objectives.”
Lynn Chapman, Chief Financial Officer of AI/ML Innovations
