VANCOUVER, June 28, 2019 /CNW/ - MediaValet Inc. (TSX-V:MVP) ("MediaValet", "the Company"), a leading provider of cloud-based enterprise digital asset management (DAM) and creative operations software, is pleased to announce the results of its 2019 Annual General and Special Meeting.
All resolutions proposed to shareholders were duly passed at the Company's Annual and Special Meeting held on June 25th, 2019. All the nominees, which included, David MacLaren, Robert Chase, Bob Garnett, Thomas Kenny, Judith Richardson and Jake Sorofman, were re-elected as directors of the Company.
Shareholders also voted in favour of the other resolutions put before the meeting, including:
i) |
To receive the consolidated financial statements of the Company with the auditors' report thereon for the financial year ended December 31, 2018; |
ii) |
To fix the number of directors at six; |
iii) |
To elect the directors of the Company for the ensuing year; |
iv) |
To appoint auditors for the ensuing year, and to authorize the directors to fix their remuneration as such; |
v) |
To consider and, if thought fit by the shareholders, to pass an ordinary resolution to reaffirm the "MediaValet Stock Option Plan" as more particularly set forth in management information circular (the "Information Circular"); |
vi) |
To consider and, if deemed appropriate, to re-approve a special resolution to empower the Board with the authority, at its discretion, to amend the articles of the Corporation to consolidate the issued and outstanding Common Shares of the Corporation on the basis of one (1) Common Share for up to every twenty (20) Common Shares, or at such lower ratio as may be determined by the Board in their sole discretion, as described more fully in the management proxy and Information Circular prepared for the Meeting; and |
vii) |
To transact such other business as may properly be brought before the Meeting or any adjournment thereof. |
In addition, the Company is pleased to announce that it has retained Mackie Research Capital Corporation to provide market-making services to the Company in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. Under the terms of the agreement, Mackie Research Capital will receive $3,500 per month. There are no performance factors contained in the agreement and Mackie Research Capital will not receive shares or options as compensation.
About MediaValet Inc.
MediaValet stands at the forefront of the enterprise, cloud-based, digital asset management industry. Built exclusively on Microsoft Azure and available within 140 countries, across 54 Microsoft data center regions around the world, MediaValet delivers unparalleled enterprise class security, reliability, redundancy and scalability while offering the largest global footprint of any DAM solution. In addition to providing all core enterprise DAM capabilities, local desktop-to-server support for creative teams, and overall cloud redundancy and management, MediaValet offers industry leading integrations into Slack, Adobe Creative Suite, Microsoft Office 365, Oracle Marketing Cloud (Eloqua), Drupal 8, WordPress, Hootsuite and many other best-in-class 3rd party applications.
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"Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."
SOURCE MediaValet Inc.
please contact: David MacLaren, Tel: (604) 688-2321, [email protected]; Babak Pedram, Tel: (416) 644-5081, [email protected]
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