Business
Elixxer Announces Results of Annual and Special Meeting of Shareholders and Provides Corporate Update
(TheNewswire) MONTRÉAL – TheNewswire - June 16, 2021 - El...
About this update from Elixxer Ltd.
[{"type":"text","content":"Elixxer Announces Results of Annual and Special Meeting of Shareholders and Provides Corporate Update\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n MONTRÉAL –\n \n \n TheNewswire\n-\n \n \n June 16, 2021 - Elixxer Ltd. (TSXV:ELXR)\n(OTC:ELIXF) (“\n \n \n Elixxer\n \n \n ” or (the “\n \n \n Company\n \n \n ) is pleased\nto announce the results of its annual and special meeting of\nshareholders (the “\n \n \n Meeting\n \n \n ”) held on June 15, 2021.\n \n \n \n \n A total of 236,890,199 shares were voted at the Meeting\nin person or by proxy, representing 37.39% of the votes attached to\nall of Company’s issued and outstanding common shares. All matters\nsubmitted to shareholders for approval as set out in the Company's\nNotice of Meeting and Management Information Circular dated May 11,\n2021 were approved by an overwhelming majority of votes cast at the\nMeeting.\n \n \n \n At the Meeting, management presented to the shareholders its nominees\nfor election as directors.  The following individuals were elected to\nserve as directors of the Company for the ensuing year:\n \n \n \n \n \n Name\n \n \n \n \n Votes in Favour\n \n \n \n \n Votes Withheld/Abstained\n \n \n \n \n \n \n Tarik Alhaidary\n \n \n \n \n 234,264,569 (99.47%)\n \n \n \n \n 1,251,114 (0.53%)\n \n \n \n \n \n \n Jay Bala\n \n \n \n \n 214,749.602 (91.18%)\n \n \n \n \n 20,766,081 (8.82%)\n \n \n \n \n \n \n Jeff Cheah\n \n \n \n \n 214,302,602 (90.99%)\n \n \n \n \n 21,213,081 (9.01%)\n \n \n \n \n \n \n Rafi Hazan\n \n \n \n \n 210,317,602 (89.30%)\n \n \n \n \n 25,198,081 (10.70%)\n \n \n \n \n \n \n Alex Kanayev\n \n \n \n \n 214,744,602 (91.18%)\n \n \n \n \n 20,771,081 (8.82%)\n \n \n \n \n \n \n Ferras Zalt\n \n \n \n \n 230,847,413 (98.02%)\n \n \n \n \n 4,668,270 (1.98%)\n \n \n \n \n \n \n At the Meeting, shareholders were asked to approve the\nre-appointment of Baker Tilly WM LLP as the Company’s auditors for\nthe ensuing year.  According to votes cast, Baker Tilly WM LLP was\nre-appointed as the Company’s auditors with 99.90% of the votes in\nfavour.\n \n \n \n \n Disinterested shareholders approved the settlement of\n$3,656,310 of existing debt owed by the Company to AIP Convertible\nPrivate Debt Fund (“\n \n \n AIP\n \n \n ”) through the issuance by the Comp...