Business
PowerBand Announces Results of Annual General Meeting
TORONTO, ON / ACCESSWIRE / June 16, 2021 / PowerBand Solutions Inc. (TSXV:PBX)(OTCQB:PWWBF)(...
About this update from Ameritrust Financial Technologies Inc.
[{"type":"text","content":"PowerBand Announces Results of Annual General MeetingTORONTO, ON / ACCESSWIRE / June 16, 2021 / PowerBand Solutions Inc. (TSXV:PBX)(OTCQB:PWWBF)(FRA:1ZVA) (\"PowerBand\", \"PBX\" or the \"Company\") is pleased to announce the results of voting at its Annual General Meeting of Shareholders held virtually on Tuesday June 15, 2021.Shareholders voted in favour of all items put forward by the Board of Directors and management, namely:The number of Directors was set at six (6).The elected Directors of the Company are:Kelly JenningsDarrin SwensonIvan BuzbuzianBill ButlerAndrea ParliamentSteven LeeMNP LLP has been appointed as the Company's auditor.The 2021 Incentive Stock Option Plan (20% Fixed Plan) was approved by disinterested shareholders, reserving for issuance up to 33,372,093 common shares of the Company.The 2021 Restricted Share Unit Plan was approved by disinterested shareholders, reserving for issuance a maximum of 8,000,000 common shares of the Company.About PowerBand Solutions Inc.PowerBand Solutions Inc., listed on the TSX Venture Exchange and the OTCQB markets, is a fintech provider disrupting the automotive industry. PowerBand's integrated, cloud-based transaction platform facilitates transactions amongst consumers, dealers, funders and manufacturers (OEMs). It enables them to buy, sell, trade, finance, and lease new and used, electric- and non-electric vehicles, on any phone, tablet or PC connected to the internet. PowerBand's transaction platform - being trademarked under DRIVRZ - is being made available across North American and global markets.For further information, please contact:Kelly JenningsChief Executive OfficerE: [email protected]: 1-866-768-7653FORWARD-LOOKING STATEMENTSThis news release contains forward-looking statements relating to the Company and other statements that are not historical facts. Forward-looking statements are often identified by terms such as \"will\", \"may\", \"should\", \"anticipate\", \"expects\" and similar expressions. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding future plans and objectives of the Company, are forward looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events co...