Marching Moose Capital Corp. Announces Results of AGSM
2300 – 1066 West Hastings Street Vancouver, BC V6E 3X2
NEWS RELEASE
November 25, 2015 TSXV Symbol: MMC
Marching Moose Capital Corp. Announces Results of AGSM
Vancouver, British Columbia. Marching Moose Capital Corp. ("MMCC" or the "Company"), a capital pool company, is pleased to announce that all proposed resolutions were approved at the Company’s Annual General and Special Meeting of Shareholders held on November 25, 2015 (the “Meeting”). The number of directors was set at four (4) and shareholders approved the re-election of Larry K. Doan, Luc Pelchat and Anurag Arun as directors. Davidson & Company, Chartered Accountants, have been re-appointed as auditors of the Company for the ensuing year and the directors have been authorized to fix their remuneration.
Also approved was an amendment to the Company’s stock option plan. The Company’s stock option plan will be changed from a 10% “rolling” plan to a 20% “fixed” plan.
A special resolution was approved with respect to the consolidation of the Company’s shares. The authorized share capital of the Company will be altered by consolidating all of the issued and outstanding common shares of the Company on the basis of two (2) existing common shares for one (1) common share or such lower ratio as the Board of Directors may determine.
An ordinary resolution was approved allowing a change of name to a name that would more accurately reflect the nature of the business of the Company.
A special resolution was approved with respect to the adoption of a new form of articles allowing the Company greater flexibility for future corporate activities.
Management and the Board would like to thank MMCC’s shareholders for their continued support.
For further information please contact:
Larry K. Doan Director, President, Chief Executive Officer & Chief Financial Officer Marching Moose Capital Corp.
Phone: (778) 867-8874
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.