Vanc Pharmaceuticals Inc

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Alda Pharmaceuticals shareholders pass AGM resolutions

2012-01-30 17:14 ET - News Release


Mr. Terrance Owen reports

ALDA AGM HELD ON JANUARY 27, 2012

Alda Pharmaceuticals Corp.'s annual general meeting of shareholders was held in Vancouver, B.C., on Jan. 27, 2012, at which:


The number of directors was set at five.


Five incumbent directors of the company, being Terrance Owen, Peter Chen, Linda Allison, Ronald Zokol and William F. McCoy were re-elected as directors of Alda for the coming year.


MNP LLP, chartered accountants, was appointed as the new auditor of Alda for the coming year, in accordance with the policies of the TSX Venture Exchange.


The company's rolling 2003 incentive stock option plan, as amended, was ratified for the coming year.


A consolidation of the company's common shares such that one new common share would be issued for every 20 old common shares outstanding, or such lower consolidation ratio as may be determined by the directors of Alda Pharmaceuticals, was approved.

We seek Safe Harbor.