G4G announces Annual General and Special Meeting voting results
G4G CAPITAL CORP.
1051-409 Granville Street Vancouver, BC V6C 1T2 Canada Telephone: (604) 602-9868 Facsimile: (604) 602-9867
NEWS RELEASE TSX.V: GGC June 30, 2015
G4G announces Annual General and Special Meeting voting results
G4G Capital Corp. (“G4G”) is pleased to announce the voting results from its Annual General and Special Meeting of Shareholders held on June 30, 2015.
A total of 454,823 common voting shares representing 14.05% of G4G’s issued and outstanding shares were voted at the meeting and all votes were cast in favour of managements nominees giving rise to the following being elected as Directors:
Basil Botha Paul Sarjeant David Schmidt
In addition, A. Chan and Company were reappointed Auditors of the Company and a Change in Control resolution was passed by disinterested shareholders authorizing a Change in Control of the Company which will arise upon issuance of 10,589,160 at a deemed price of $0.05 per share in settlement of debts in the amount $529,458 to the following:
i) Pasquale DiCapo- 6,600,000
ii) David Donofrio- 3,989,160
The voting results from all other resolutions provided for in the Information Circular will be filed with the Canadian Securities Regulatory Authorities at www.sedar.com.
The debt settlement and Change in Control is part of G4G’s reorganization plan consisting of a private placement and property acquisition which in conjunction with the closing of the debt settlement is expected to allow G4G to fulfill minimal listing requirements of the TSX Venture Exchange for a tier two issuer which conditions must be satisfied before G4G’s shares will be allowed to assume trading.
G4G expects to complete its reorganization in the week of July 6th, 2015.
On behalf of the Board of Directors
“Basil Botha”
Basil Botha, President& CEO
For further information, please visit the website www.sedar.com to view the Company’s profile.
The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.”
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this News Release. WARNING: The Company relies on litigation protection for `forward looking" statements. Actual results could differ materially from those described in the news release as a result of numerous factors, some of which are outside the control of the Company. This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act') or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.