Vancouver, BC – 360 Capital Financial Services Group Inc. (“360 Capital” or the “Company”) (CSE:TSZ, www.360capital.ca) announces that its shareholders approved all matters placed before them during the annual general and special meeting on June 29, 2017 (the “Meeting”).
The number of directors was fixed at five. David Stadnyk, John Gan, Nikita Chou, Ullrich Schade and George Tsafalas were elected to the board of directors of the Company. Manning Elliot LLP was reappointed as the auditors of the Company. And the share consolidation was approved at a ratio of up to 10 to1.
A total of 44,131,678 common shares representing 50.43% of the issued shares of the Company were represented at the Meeting and voted either by proxy or in person. Shareholders present in person or represented by proxy voted 94.56% in favour of all matters placed before them at the Meeting.
About 360 Capital Financial Services Group Inc.
360 Capital Financial Services Group (CSE:TSZ, www.360capital.ca), through our subsidiaries and affiliated companies, provides a broad range of financial services to emerging private and public companies. We “Connect Capital to Growth” by providing corporate finance advisory, merchant banking, IPO consulting and business advisory services for our clients.
The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
For further information, please contact:
Ullrich Schade, Corporate Communications
Forward Looking Statements
Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management’s current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “predicts”, “intends”, “targets”, “aims”, “anticipates” or “believes” or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions, dependence upon regulatory and shareholder approvals, the execution of definitive documentation and the uncertainty of obtaining additional financing. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise.