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Bitfarms Announces Results of Annual General and Special Meeting of Shareholders
This news release constitutes a “designated news release” for the purposes of the C...
About this update from Keel Infrastructure Corp.
[{"type":"text","content":"Bitfarms Announces Results of Annual General and Special Meeting of Shareholders\n\n\n\n\n This news release constitutes a “designated news release” for the purposes of the Company’s second amended and restated prospectus supplement dated December 17, 2024, to its short form base shelf prospectus dated November 10, 2023.\n \n\n\n TORONTO, Ontario, July 01, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (Nasdaq/TSX: BITF) (the “Company”), a global vertically integrated Bitcoin data center company, today announces the results of its annual general and special meeting of shareholders (the “\n \n Meeting\n \n ”), held virtually on June 30, 2025. A total of 224,085,154 common shares, representing 43.9% of the issued and outstanding common shares (“Common Shares”) of the Company, were represented at the Meeting in person or by proxy. All items of business set forth in the Management Information Circular dated May 23, 2025 (the “\n \n Circular\n \n ”) were approved by shareholders at the Meeting.\n \n\n Based on the proxies received and the votes cast at the Meeting, six directors (the “\n \n Directors\n \n ”) were elected for the ensuing year. The following is a tabulation of the votes submitted:\n \n\n\n\n\n Nominee\n \n\n\n\n Votes For\n \n\n\n\n Votes Withheld*\n \n\n\n\n\n Brian Howlett\n \n\n 151,857,664\n \n\n 6,458,730\n \n\n\n\n Andrew J. Chang\n \n\n 151,870,218\n \n\n 6,446,175\n \n\n\n\n Amy Freedman\n \n\n 151,872,656\n \n\n 6,443,738\n \n\n\n\n Ben Gagnon\n \n\n 151,064,598\n \n\n 7,251,797\n \n\n\n\n Edie Hofmeister\n \n\n 151,042,254\n \n\n 7,274,141\n \n\n\n\n Fanny Philip\n \n\n 149,617,634\n \n\n 8,698,761\n \n\n\n\n\n *Proxies representing a total of: (i) 85,768,759 Common Shares were not voted in respect of the elections of Benjamin Gagnon, Edith Hofmeister, and Fanny Philip as director; (ii) 85,768,760 Common Shares were not voted in respect of the elections of Brian Howlett and Amy Freedman as director; and (iii) 85,768,761 Common Shares were not voted in respect of the elections of Andrew J. Chang as director.\n \n\n Shareholders also voted in favor of reappointing PricewaterhouseCoopers LLP as independent auditors of the Company for the ensuing year and authorized the Directors to fix their remuneration, with votes “For&#x...