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VITALITY SHAREHOLDERS RE-ELECT BOARD OF DIRECTORS AND APPROVE NEW SHARE OPTION PLAN
VITALITY SHAREHOLDERS RE-ELECT BOARD OF DIRECTORS AND APPROVE NEW SHARE OPTION PLAN Can...
About this update from Vitality Products Inc.
[{"type":"text","content":"\n \n \n \n VITALITY SHAREHOLDERS RE-ELECT BOARD OF DIRECTORS AND APPROVE NEW SHARE OPTION PLAN\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n TSXV Trading Symbol:  VPI\n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n July 18, 2023\n \n \n /CNW/ - Vitality Products Inc. (TSXV: VPI) (the \"Company\" or \"Vitality\") held its annual and special general meeting of shareholders (\"AGM\") on\n \n July 18\n \n , 2023.  The Board of Directors is pleased to announce that all resolutions put to a vote at the AGM passed with a 99.97% or higher approval from the votes cast.  Audra J. Davies,\n \n Richard V. Gannon\n \n ,\n \n Cheryl A. Grant\n \n (President & CEO),\n \n W. Douglas Grant\n \n (Vice President & CFO),\n \n Stuart E. Pennington\n \n and\n \n Joanne F. Q. Yan\n \n were re-elected to the Board of Directors.\n \n \n \n \n \n \n \n \n \n \n VITALITY ADOPTS NEW SHARE OPTION PLAN\n \n \n \n Shareholders ratified, confirmed and approved, subject to regulatory approval, the adoption of the Company's new 20% fixed share option plan (the \"Fixed Option Plan\") at the Company's AGM held on\n \n July 18\n \n , 2023.  On\n \n June 8, 2023\n \n , the Board of Directors approved the adoption of the Fixed Option Plan, subject to shareholder and regulatory approval, to align with the current TSX Venture Exchange (\"TSXV\") policies on equity compensation plans.  The purpose of the Fixed Option Plan is to promote the interests of the Company and its shareholders by aiding the Company in attracting and retaining employees, officers, consultants, advisors and non-employee directors capable of assuring the future success of the Company, to offer such persons incentives to put forth maximum efforts for the success of the Company's business and to compensate such persons through stock option arrangements and provide them with opportunities for stock ownership in the Company, thereby aligning the interests of such persons with the Company's shareholders.\n \n \n The maximum aggregate numbe...