Thursday, June 25, 2015 6:01:59 PM
June 25, 2015, Investor Relations
Vancouver, BC, June 25th, 2015 – INVICTUS MD STRATEGIES CORP. (“Invictus MD” or the “Company”) (CSE: IMH; OTC: IVITF; FRA: 8IS) is pleased to announce that the shareholders of the Company approved all matters at its 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; and
the creation of a new class of non-voting and non-participating preferred shares (the “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.
FEATURED Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • 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
North Bay Resources Announces Mt. Vernon Gold Mine Bulk Sample, Sierra County, California • NBRI • Sep 11, 2024 9:15 AM
One World Products Issues Shareholder Update Letter • OWPC • Sep 11, 2024 7:27 AM
Kona Gold Beverage Inc. Reports $1.225 Million in Revenue and $133,000 Net Profit for the Quarter • KGKG • Sep 10, 2024 1:30 PM