Business
Sayward Capital Corp. Announces Voting Results of Shareholder Meeting
Calgary, Alberta--(Newsfile Corp. - November 2, 2021) - Sayward Capital Corp.   (TSXV: SA...
About this update from Sayward Capital Corp.
[{"type":"text","content":"Sayward Capital Corp. Announces Voting Results of Shareholder MeetingCalgary, Alberta--(Newsfile Corp. - November 2, 2021) - Sayward Capital Corp. (TSXV: SAWC.P) (\"Sayward\") is pleased to announce that it has successfully held its annual general and special meeting of shareholders (the \"Meeting\") on November 2, 2021.Shareholders approved all of the matters brought before the Meeting, including: (i) fixing the number of directors of Sayward as more particularly described in Sayward's management information circular dated October 5, 2021 (the \"Circular\"); (ii) electing the directors of Sayward as more particularly described in the Circular; (iii) appointing MNP LLP as auditor of Sayward; (iv) authorizing the amendment of the articles of Sayward to effect the change of Sayward's name to \"Field Safe Solutions Ltd.\", or such other name as the board of directors, in its sole discretion, deems appropriate or as may be required or permitted by applicable regulatory authorities; (v) authorizing a consolidation of the outstanding common shares of Sayward (\"Sayward Shares\") as more particularly described in the Circular; (vi) approving the option plan of Sayward; and (vii) approving the adoption of an amended and restated by-law no. 1.A total of 3,100,000 Sayward Shares were represented by proxy at the Meeting, representing approximately 38.75% of the issued and outstanding Sayward Shares.Qualifying Transaction UpdateFurther to its news release dated September 21, 2021, Sayward, Field Safe Solutions Inc. (\"Field Safe\") and Sayward's wholly-owned subsidiary, 2372845 Alberta Ltd., have entered into an amending agreement dated effective October 27, 2021 to the previously executed amalgamation agreement dated September 20, 2021, extending the outside date for completion of the proposed business combination between Field Safe and Sayward (the \"Qualifying Transaction\") to December 17, 2021. Sayward and Field Safe are continuing to work together to complete the requisite due diligence, filings and submissions required to obtain the TSX Venture Exchange's (the \"Exchange\") acceptance of the Qualifying Transaction. About SaywardSayward is incorporated under the Business Corporations Act (Alberta) (the \"ABCA\") and is a capital pool company within the meaning of the policies of the Exchange. Sayward has not commenced operat...