VANCOUVER, June 28, 2019 /CNW/ - MediaValet Inc. (TSX-V:MVP)
("MediaValet", "the Company"), a leading provider of cloud-based
enterprise digital asset management (DAM) and creative operations
software, is pleased to announce the results of its 2019 Annual
General and Special Meeting.
All resolutions proposed to shareholders were duly passed at the
Company's Annual and Special Meeting held on June 25th, 2019. All the nominees,
which included, David MacLaren,
Robert Chase, Bob Garnett, Thomas
Kenny, Judith Richardson and
Jake Sorofman, were re-elected as
directors of the Company.
Shareholders also voted in favour of the other resolutions put
before the meeting, including:
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i)
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To receive the
consolidated financial statements of the Company with the auditors'
report thereon for the financial year ended December 31,
2018;
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ii)
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To fix the number of
directors at six;
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iii)
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To elect the
directors of the Company for the ensuing year;
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iv)
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To appoint auditors
for the ensuing year, and to authorize the directors to fix their
remuneration as such;
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v)
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To consider and, if
thought fit by the shareholders, to pass an ordinary resolution to
reaffirm the "MediaValet Stock Option Plan" as more particularly
set forth in management information circular (the "Information
Circular");
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vi)
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To consider and, if
deemed appropriate, to re-approve a special resolution to empower
the Board with the authority, at its discretion, to amend the
articles of the Corporation to consolidate the issued and
outstanding Common Shares of the Corporation on the basis of one
(1) Common Share for up to every twenty (20) Common Shares, or at
such lower ratio as may be determined by the Board in their sole
discretion, as described more fully in the management proxy and
Information Circular prepared for the Meeting; and
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vii)
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To transact such
other business as may properly be brought before the Meeting or any
adjournment thereof.
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In addition, the Company is pleased to announce that it has
retained Mackie Research Capital Corporation to provide
market-making services to the Company in compliance with the
policies and guidelines of the TSX Venture Exchange and other
applicable legislation. Under the terms of the agreement,
Mackie Research Capital will receive $3,500 per month. There are no performance
factors contained in the agreement and Mackie Research Capital will
not receive shares or options as compensation.
About MediaValet Inc.
MediaValet stands at the
forefront of the enterprise, cloud-based, digital asset management
industry. Built exclusively on Microsoft Azure and available within
140 countries, across 54 Microsoft data center regions around the
world, MediaValet delivers unparalleled enterprise class security,
reliability, redundancy and scalability while offering the largest
global footprint of any DAM solution. In addition to providing all
core enterprise DAM capabilities, local desktop-to-server support
for creative teams, and overall cloud redundancy and management,
MediaValet offers industry leading integrations into Slack, Adobe
Creative Suite, Microsoft Office 365, Oracle Marketing Cloud
(Eloqua), Drupal 8, WordPress, Hootsuite and many other
best-in-class 3rd party applications.
Follow MediaValet: Blog, Twitter and LinkedIn
Surf: www.mediavalet.com
"Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release."
SOURCE MediaValet Inc.