BullRun Capital Inc. wins vote (80.54 per cent support)GrowMax holders side with BullRun, elect new directors
GrowMax holders side with BullRun, elect new directors
2019-03-12 06:36 ET - News Release
Mr. Kulwant Malhi reports
GROWMAX ANNOUNCES RESULTS OF MEETING
GrowMax Resources Corp. has released the results of voting at the annual and special meeting of shareholders held on March 8, 2019. Shareholders holding a total of 172,294,634 shares were represented at the meeting, representing 80.54 per cent of the shares issued and outstanding. The concerned shareholders, Kulwant Malhi and BullRun Capital Inc. are pleased to announce the appointment of the new directors to the board -- Mr. Malhi, Alfred Wong, Michael Sadhra and Pratap Reddy. In the other matters considered at the meeting, PriceWaterhouseCoopers was reappointed as auditor and the new general bylaw was approved. The equity incentive plan and the advance notice bylaw were struck down.
"We would like to thank shareholders for the tremendous support. With the proxy battle behind us, we can look forward to rebuilding the trust of shareholders and creating value for all shareholders. We remain committed to issuing a dividend upon review of the company's assets and liabilities," said Mr. Malhi.
The details of the voting results for the election of the directors and other matters on which a ballot was taken are set out in the associated table.