Business
NTG Clarity Networks Inc. Reports Results of Annual and Special Meeting of Shareholders
(TheNewswire) Toronto, ON – TheNewswire - July 19, 2023 - NTG Clarit...
About this update from Ntg Clarity Networks Inc.
[{"type":"text","content":"NTG Clarity Networks Inc. Reports Results of Annual and Special Meeting of Shareholders\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 \n \n \n \n \n \n \n \n \n \n \n \n Toronto, ON –\n \n \n TheNewswire\n-\n \n \n July 19, 2023 -\n \n \n NTG Clarity Networks Inc. (TSXV:NCI)\n \n \n \n (the “\n \n \n \n \n Company\n \n \n \n \n ”)\n \n \n \n announced that its annual\nand special meeting of shareholders was held on July 7, 2023 and\nshareholders voted in favour of all matters of business considered at\nthe meeting and described in the management information circular dated\nMay 23, 2023. A total of 78,114,007 common shares, representing 52.79%\nof the outstanding common shares of the Company, were represented in\nperson or by proxy at the meeting.\n \n \n \n \n At the meeting, all four nominees for election to the\nCompany’s board of directors (the “\n \n \n Board\n \n \n ”), being\nAshraf Zaghloul, Kristine Lewis, Mohammed Saleem Siddiqi and Syed\nZeeshan Hasnain, were elected for the ensuing year. In addition, NVS\nChartered Accountants Professional Corporation were appointed as\nauditors of the Company.\n \n \n \n \n \n \n Shareholders also passed a special resolution\nauthorizing the Board to consolidate the common shares of the Company\non the basis of up to five (5) pre-consolidation common shares for\neach post-consolidation common share. The completion of the share\nconsolidation and the applicable exchange ratio are subject to\napproval of the Board and all necessary regulatory approvals,\nincluding the approval of the TSX Venture Exchange. If the Board\ndetermines to proceed with the share consolidation and obtains all\nnecessary regulatory approvals, the share consolidation will occur at\na time determined by the Board and announced by a press release of the\nCompany.\n \n \n \n \n \n About NTG Clarity\nNetworks Inc.\n \n \n \n \n \n \n NTG Clarity Networks’ vision is to be a global leader in providing\nnetworking solutions. As a Canadian company established in 1992, NTG\nClarity has delivered networking, IT and network enabled application\nsoftware solutions to network service providers and large enterprises.\nMore than 500 IT and network professionals provide design,\nengineering, implementation, software developm...