Fineqia Announces Votes at its 2018 Annual General Meeting

VANCOUVER, Aug. 1, 2018 /CNW/ - Fineqia International Inc. (the "Company" or "Fineqia") (CSE: FNQ) is pleased to announce the voting results of its 2018 Annual General Meeting (the "AGM" or "Meeting") held on July 13, 2018. A total of 459,859,437 common shares representing 60.51% of the issued shares of the Company were represented at the Meeting.

"The Company is pleased to announce the achievement of proxies for more than 60% of the votes despite the mid-July AGM falling in the height of the holiday season. With more than 94% of all voting in favour of all resolutions this is a further endorsement of the Company's management and Board," said Company CEO Bundeep Singh Rangar.

Election of Directors 2018

The number of Directors of the Company has been fixed at five (5) for the year. Shareholders present in person or represented via proxy at the Meeting voted as follows:

All five (5) nominees listed in the information circular for the Meeting were elected as Directors of the Company. Shareholders present in person or represented via proxy at the Meeting voted as follows:

Appointment of Auditors 2018

McGovern, Hurley, Cunningham, LLP, Chartered Accountants were appointed auditors of the Company to hold office until the close of the next annual general meeting (AGM) of the Company and the directors of the Company were authorized to fix the remuneration of the auditors. Shareholders present in person or represented via proxy at the Meeting voted as follows:

Approval of Rolling Stock Option Plan 2018

The resolution to confirm the Company's 20% Rolling Stock Option Plan was approved. Shareholders present in person or represented via proxy at the Meeting voted as follows:

About Fineqia International Inc.

Fineqia International is a listed entity in the Canada (CSE: FNQ), US (OTC: FNQQF) and Europe (Frankfurt: FNQA). Fineqia International outlines the Company's corporate governance, culture, processes and relations by which the Company and its subsidiaries are controlled, directed and governed. Fineqia International oversees and ensures the overall success, planning and growth of the Company and all of its subsidiaries. It recently announced the incorporation of blockchain technologies to achieve these objectives. For more information visit: https://investors.fineqia.com/news.

FORWARD-LOOKING STATEMENTS

Some statements in this release may contain forward-looking information (as defined under applicable Canadian securities laws) ("forward-looking statements"). All statements, other than of historical fact, that address activities, events or developments that Fineqia (the "Company") believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding potential acquisitions and financings) are forward-looking statements. Forward-looking statements are generally identifiable by use of the words "may", "will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "plan" or "project" or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company's ability to control or predict, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, without limitation, the failure to obtain sufficient financing, and other risks disclosed in the Company's public disclosure record on file with the relevant securities regulatory authorities. Any forward-looking statement speaks only as of the date on which it is made except as may be required by applicable securities laws. The Company disclaims any intent or obligation to update any forward-looking statement except to the extent required by applicable securities laws.

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SOURCE Fineqia International Inc.

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