Business
Yangaroo Announces Revocation of CTO and Results of 2024 Annual General Meeting
Toronto, Ontario--(Newsfile Corp. - June 28, 2024) - YANGAROO Inc. (TSXV: YOO) (OTC Pink: YOOIF)&...
About this update from Yangaroo Inc.
[{"type":"text","content":"Yangaroo Announces Revocation of CTO and Results of 2024 Annual General MeetingToronto, Ontario--(Newsfile Corp. - June 28, 2024) - YANGAROO Inc. (TSXV: YOO) (OTC Pink: YOOIF) (\"Yangaroo\", \"Company\"), a software leader in media asset workflow and distribution solutions, announces the receipt of a revocation order to the failure to file cease trade order (the \"FFCTO\") issued by the Ontario Securities Commission (the \"OSC\") on May 7th, 2024, as previously announced, and the voting results from the Company's Annual General Meeting of shareholders held on June 27th, 2024 (the \"Meeting\").Cease Trade Order and Suspension of TradingThe Company has received a revocation order from the OSC regarding the lifting of the FFCTO effective June 27th, 2024. The Company is in the process of applying to the TSX Venture Exchange for reinstatement to trading of its common shares and will provide further updates as they become available. MeetingShareholders voted in favour of all items of business put forth at the Meeting. Each of the resolutions are explained in detail in the Management Information Circular dated May 14, 2024, which is available on the Company's website and under the Company's profile on SEDAR+ at www.sedarplus.ca.The three nominees as proposed by the Company were re-elected to the board of directors, being Mr. Grant Schuetrumpf, Mr. Philip Benson and Mr. H. Shepard Boone. Mr. Anthony Miller did not stand for re-election at this year's Meeting. The shareholders also approved a resolution appointing Baker Tilly WM LLP as auditors for the Company for the ensuing year.Grant Schuetrumpf, Chief Executive Officer of the Company, commented: \"We extend our deepest gratitude to Tony Miller for his 14 years of dedicated service on the board of Yangaroo. Since joining us in 2010, Tony has been an instrumental part of our growth and success.Tony's extensive background in the media and advertising industry, including his tenure as Chairman Emeritus of MacLaren McCann, one of Canada's leading advertising and marketing communications firms, and Vice Chairman of their global parent, McCann Worldgroup in New York, brought invaluable insights to our team. With over 40 years of experience holding senior positions in advertising agencies across the United States and Canada, his strategic guidance and leadership have significantly ...