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Advantex Marketing International Inc C.ADX

Alternate Symbol(s):  ATXMF

Advantex Marketing International Inc. is a Canada-based company, which provides working capital to merchants. The Company provides merchant cash advance (MCA) and loyalty marketing services to its community of merchants. It also provides specialized marketing programs that enable members of Aeroplan to earn Aeroplan points at participating merchants. Its segments include MCA program and Aeroplan program. In the MCA program, the Company provides merchants with working capital through pre-purchase, at a discount, of merchants’ future cash flows. The Company is a re-seller of Aeroplan Points. It sells Aeroplan Points to merchants who are small and mid-sized retailers and service providers. The Company’s merchants operate across Canada in diverse business segments: restaurants; independent inns, resorts and selected hotels; spas; retailers of men’s and ladies’ fashion, footwear and accessories; florists and garden centers; health and beauty centers; gift stores, and home decor.


CSE:ADX - Post by User

Post by Loonyon Sep 17, 2022 8:16pm
118 Views
Post# 34969399

It's Time for the CEO to "Cease to Hold Office"!

It's Time for the CEO to "Cease to Hold Office"!December 24, 2020 05:07 PM Eastern Standard Time

TORONTO--(BUSINESS WIRE)--Advantex Marketing International Inc. (CSE: ADX) (“Advantex”), a leader in the merchant cash advance and loyalty marketing products for merchants, today announced the results of its annual general and special meeting of shareholders held earlier today (the "Meeting") at which 69.56% of the issued and outstanding shares were represented. The shareholders voted to fix the board of directors at three and each of the nominees put forward for election by Advantex were duly elected. As such Kelly E. Ambrose, Marc B. Lavine and David Moscovitz will serve as directors of Advantex until the next annual general meeting of shareholders or until they otherwise cease to hold office. Details and backgrounds regarding each of the directors is included in the information circular of Advantex dated November 13, 2020 (the “Circular”), which is available on SEDAR.
https://www.businesswire.com/news/home/20201224005219/en/Advantex-Announces-Results-of-Annual-and-Special-Meeting-of-Shareholders-and-Provides-Corporate-Update
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