DeepMarkit Announces Proposed Share Consolidation, Resignation of Director, and Change of Auditor

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[{"type":"text","content":"DeepMarkit Announces Proposed Share Consolidation, Resignation of Director, and Change of Auditor\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Calgary, A\n \n \n B -\n \n \n TheNewswire -\n \n \n May 12, 2023 -\n \n \n DeepMarkit Corp.\n \n \n (“DeepMarkit” or the “Company”)\n(TSXV:MKT) (OTC:MKTDF) (FRA:DEP)\n \n \n announces that\nit intends to consolidate its common shares (the \"\n \n \n Shares\n \n \n \") on the\nbasis of up to forty (40) pre-consolidation Shares for one (1)\npost-consolidation Share (the \"\n \n \n Consolidation\n \n \n \").\n The specific Consolidation ratio will be determined by the Company\nfollowing receipt of shareholder approval. The Company expects to hold\na special meeting to vote on the Consolidation on June 8, 2023 (the\n\"\n \n \n Meeting\n \n \n \").  The materials for the Meeting will be mailed to\nshareholders and copies will be available on the Company's profile at\n \n \n \n \n www.sedar.com\n \n \n \n \n in accordance\nwith the timelines set out in the\n \n \n Business Corporations Act\n \n \n (Alberta), and National Instrument 54-101\n \n \n Communication with Beneficial Owners of\nSecurities of a Reporting Issuer\n \n \n .  If the\nConsolidation is implemented, all outstanding options, warrants and\nrestricted share units will be adjusted to reflect the Consolidation.\n The Company will provide more information about the Consolidation,\nincluding the anticipated effective date, Consolidation ratio, and\ninstructions to shareholders, following the Meeting.\n \n \n \n \n Resignation of Director\n \n \n \n \n The Company announces that James Henning has resigned\nas a director of the Company.  The Company thanks Mr. Henning for his\nservices to the Company and wishes him the very best in his future\nendeavors.\n \n \n \n \n Auditor Change\n \n \n \n \n The Company also announces that it has changed its\nauditors from Crowe MacKay LLP (\"Crowe\") to SRCO\nProfessional Corporation, Chartered Professional Accountants\n(\"\n \n \n SRCO\n \n \n \").\n \n \n \n \n Crowe resigned effective May 5, 2023.  There were no\nmodified opinions expressed in Crowe's reports on any of the\nCompany’s audited financial statements, and no reportable events\nbetween the Company and Crowe. &#x...

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