Business News • MarketWire • Futura Announces Results From Its Annual and Special Meeting and Corporate Changes |
Futura Announces Results From Its Annual and Special Meeting and Corporate Changes |
|
|
Futura Announces Results From Its Annual and Special Meeting and Corporate Changes
TORONTO, ONTARIO--(Marketwire - June 29, 2012) - The Futura Loyalty Group Inc. (TSX VENTURE:FUT) ("Futura") announced that its annual and special meeting of shareholders ("AGM") took place on June 26, 2012 at which time the shareholders re-elected David Beutel, Mark Farrell, Terry Rumsey, Ted Dzialowski and David Campbell as directors of the Company. All other resolutions for consideration at the AGM were passed, including the authorization of the Board, should it deem advisable prior to the next annual meeting of shareholders, to consolidate the issued and outstanding shares of the Company (the "Consolidation") on the basis of one new Common Share for every forty existing Common Shares, or such lesser ratio as the Board may determine at the time of Consolidation, if any. At this time, the Board has no current intention to implement the Consolidation, subject to receipt of all necessary regulatory approvals, including acceptance of TSXV.
View More : http://www.marketwire.com/mw/release.do?id=1675617&sourceType=3
|
|
|