Captiva Verde shareholders elect five directors at AGM
Captiva Verde Industries Ltd (C:VEG) Shares Issued 61,748,231 Thursday September 15 2016 - News Release Mr. Ross Drysdale reports CAPTIVA VERDE PROVIDES CORPORATE UPDATE At the annual general meeting of shareholders of Captiva Verde Industries Ltd. held on Sept. 8, 2016, and reconvened on Sept. 15, 2016, after an adjournment, out of the nominees listed in the management information circular dated Aug. 8, 2016, five out of the six nominees were elected as directors. The five directors elected are: Ross Drysdale, Mike Boyd, Noorudin Jiwani, Grant Woods and Jerry Grafstein. MNP LLP, chartered accountant, was reappointed as auditor of the company and the board was set at six seats, leaving one vacancy to fill. The company's stock option plan was not approved by the shareholders. Accordingly, the company will adopt a new stock option plan in accordance with exchange policies. The company also advises that, on Monday, Sept. 12, 2016, Jeff Ciachurski resigned as chief executive officer and a director of the company. The board of directors wishes to thank Mr. Ciachurski for his significant contributions to the company and wishes him well with his future endeavours. Mr. Ciachurski has agreed to remain in an advisory capacity to the company to provide continuity for the company's business transactions and any and all legal matters that Mr. Ciachurski has been handling on behalf of the company. Captiva has begun a search for a new chief executive officer. We seek Safe Harbor.