Business
Castlecap Capital Inc. Reports Results of Annual and Special Shareholder Meeting
(TheNewswire) Calgary, Alberta - TheNewswire – June 16, 2021. Castleca...
About this update from Castlecap Capital, Inc.
[{"type":"text","content":"Castlecap Capital Inc. Reports Results of Annual and Special Shareholder Meeting\n \n \n (TheNewswire)\n \n \n \n Calgary, Alberta -\n \n \n TheNewswire\n \n \n – June 16, 2021.\nCastlecap Capital Inc. (“\n \n \n Castlecap\n \n \n ” or the “\n \n \n Company\n \n \n ”) (TSXV:\nCSTL.P)\n \n \n , a capital pool company pursuant to\nPolicy 2.4 (the “\n \n \n CPC\nPolicy\n \n \n ”) of the TSX Venture Exchange (the\n“\n \n \n Exchange\n \n \n ”), is pleased to announce that all matters submitted to\nshareholders for approval, as set out in detail in the Company’s\nmanagement information circular dated April 22, 2021\n \n \n (the “\n \n \n Circular\n \n \n ”)\n \n \n , were\napproved at the annual and special meeting of shareholders of the\nCompany held on June 14, 2021.\n \n \n \n \n Among other things, and in accordance with the CPC\nPolicy, disinterested shareholders of the Company voted in favor of:\n(i) the removal of consequences associated with failing to complete a\nQualifying Transaction (as defined in the CPC Policy) within 24 months\nof the Company’s listing date; and (ii) certain amendments to the\nCompany’s escrow agreement, all as more particularly set forth in\nthe Circular (collectively, the “\n \n \n Disinterested Shareholder\nResolutions\n \n \n ”).\n \n \n \n \n Approval of the Disinterested Shareholder Resolutions\nwas sought in\n \n \n order for the\n \n \n Company to align certain of its policies with changes to CPC\nPolicy introduced by the Exchange on January 1, 2021. Each of the\nDisinterested Shareholder Resolutions was approved by the Company’s\nshareholders, excluding the votes held by Non-Arm’s Length Parties\n \n \n (as such term is defined in Exchange policy 1.1)\n \n \n and holders of Seed Shares (\n \n \n as such term is defined in Exchange Policy 1.1\n \n \n ).\n \n \n \n \n About Castlecap Capital Inc.\n \n \n \n \n Castlecap is a\n \n \n capital pool\ncompany pursuant to Exchange Policy 2.4\n \n \n that\ncompleted its initial public offering and obtained a listing on the\nExchange in May 2019 (trading symbol: \"CASTL.P\"). Castlecap\ndoes not carry on any active business\n \n \n activity\n \n \n other than reviewing potential\ntransactions that would qualify as Castlecapȁ...