Thursday, June 25, 2015 9:19:58 AM
2015-06-25 09:03 ET - News Release
Mr. Dan Kriznic reports
INVICTUS MD TO CANCEL 16.4 MILLION SHARES
The shareholders of Invictus MD Strategies Corp. approved all matters at the company's annual general meeting held on June 24, 2015, as follows:
Setting the number of directors at three;
The election of Dan Kriznic, Drew Lawrenson and Colin Kinsley as directors of the company for the ensuing year;
The appointment of Manning Elliott LLP as auditor of the company for the ensuing year;
The creation of a new class of non-voting and non-participating preferred shares (Class A preferred shares).
The company intends to enter into agreements with certain escrowed shareholders whereby approximately 16.4 million escrowed common shares will be voluntarily cancelled and replaced with Class A preferred shares, which will be subject to the same escrow release schedules. The Class A preferred shares will only become convertible into common shares if and when released from escrow. For more information, see the company's information circular dated May 25, 2015.
Following completion of the voluntary return of escrowed common shares, Invictus MD anticipates the total number of common shares outstanding to be reduced to approximately 35,038,384 from the current 51,438,384.
www.stockwatch.com/News/Item.aspx?bid=Z-C:IMH-2290138
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM