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NuGen Announces Results of its Annual and Special Meeting and Approval of Amendments to Stock Option Plan
TORONTO, ON / ACCESSWIRE / June 17, 2022 / NuGen Medical Devices Inc. (TSXV:NGMD) (the " C...
About this update from Nugen Medical Devices Inc
[{"type":"text","content":"NuGen Announces Results of its Annual and Special Meeting and Approval of Amendments to Stock Option PlanTORONTO, ON / ACCESSWIRE / June 17, 2022 / NuGen Medical Devices Inc. (TSXV:NGMD) (the \"Company\") is pleased to announce that all matters submitted to shareholders for approval as set out in detail in the Company's management information circular (\"Circular\") dated May 17, 2022 were approved at the annual and special meeting of the shareholders of the Company held on June 17, 2022 (the \"Meeting\"). At the Meeting, KPMG LLP was re-appointed as auditor of the Company, and the incumbent members of the board of directors, being Michael Wright, John Leombruno, Derek Lindsay, Karen Dunlap and William Cleman were re-elected.The Company is also pleased to announce that its proposal to amend the terms of the stock option plan of the Company (the \"Plan\") as a result of certain revisions made to TSX Venture Exchange Policy 4.4 - Security Based Compensation (\"Policy 4.4\"), which came into effect on November 24, 2021, was approved at the Meeting. For more information on the changes to Policy 4.4, please see the TSXV Bulletin re Policy 4.4 - Security Based Compensation dated November 24, 2021. The Plan was conditionally approved by the TSX Venture Exchange on May 26, 2022.About NuGen Medical Devices:NuGen is an emerging specialty medical device company focused on developing and commercializing novel drug delivery technologies. NuGen's principal business is the development and commercialization of innovative needle-free injection devices and systems for the administration of subcutaneous medication. It is developing products using needle-free drug delivery technology in several important fields including, but not limited to, anaphylaxis, diabetes, severe migraine, erectile dysfunction, chronic anemia, neutropenia, autoimmune rheumatoid arthritis, growth and fertility hormone, psoriasis as well as DNA and conventional/pediatric vaccines.For further information, please visit:Website: www.nugenmd.comTwitter: @NuGenMDLinkedIn: https://www.linkedin.com/company/nugenmd/For further information, please contact:Michael WrightPresident and CEONuGen Medical Devices [email protected] Relations Contact:Kin Communications [email protected](604) 684-6730Notice Regarding Forward-Looking Information:This news release contains ...