Avalon Works Corp. Provides Annual General and Special meeting (the “AGM”) of Shareholders Results
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Avalon Works Corp. Provides Annual General and Special meeting (the
“AGM”) of Shareholders Results
Ottawa, Ontario – December 23, 2019 – Avalon Works Corp. (the " Company")
is pleased to announce the results of its annual general meeting that was held on
December 23, 2019 (the “ Meeting”), the shareholders approved every resolution
that were presented to them as part of the Management Information Circular that
was sent to the Company’s shareholders and filed on SEDAR on December 2,
2019 (the “Information Circular”).
The Shareholders approved to set the number of Directors at six (6) for the
ensuing year and approved the appointment of the following persons as Directors
to serve until the next annual meeting of the shareholders:
Michael Paul Clemann;
Michel Lebeuf;
Andrew O’Neil;
Éric Latrémouille;
Véronique Laberge; and
Sabrina Lesage.
In addition, the shareholders (i) approved and confirmed the appointment of
Brunet Roy Dubé, CPA S.E.N.C.R.L. LLP. as independent registered accounting
form for the ensuing year, (ii) approved and adopted the Audit Committee
Charter, (iii) ratified the Company’s stock option plan (the “ Plan”) and (iv) gave
authority to the Company’s board of Directors, at its discretion, to give effect to
the contemplated consolidation of all the issue and outstanding common shares
of the Company on a basis of up to one (1) new common share of the Company
for a hundred (100) existing common shares of the Company (the
“Consolidation”).
About Avalon Works Corp.
Avalon Works Corp. is a junior industrial company with minimal current activities
or operations.
For additional information on Avalon Works Corp.:
Michael Paul Clemann
Avalon Works Corp.
237 Argyle Avenue
Ottawa Ontario
K2P 1B8
Some of the statements contained herein may be forward-looking statements
which involve known and unknown risks and uncertainties. Without limitation,
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statements regarding potential mineralization and resources, exploration results,
expectations, plans, and objectives of Avalon Works Corp. are forward-looking
statements that involve various risks. There can be no assurance that forward-
looking statements will prove to be accurate as actual results and future events
may differ materially from those anticipated in such statements. Avalon Works
Corp. undertakes no obligation to update such forward-looking statements if
circumstances or management's estimates or opinions should change. The
reader is cautioned not to place undue reliance on such forward-looking
statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.