BriaCell Therapeutics Corp. Announces Results of Shareholder Meeting

Rhea-AI Summary

BriaCell Therapeutics Corp. (Nasdaq: BCTX, BCTXW) held its annual general meeting on February 5, 2025, for the fiscal year ended July 31, 2024. The meeting saw a 36.26% participation rate of issued and outstanding common shares. Shareholders strongly supported all proposed resolutions, including the re-appointment of MNP LLP as auditors and the election of board directors.

The elected board members, all receiving over 86% approval, include Dr. William V. Williams (88.42%), Mr. Jamieson Bondarenko (86.57%), Dr. Jane A. Gross (88.37%), Dr. Rebecca Taub (88.44%), Mr. Vaughn C. Embro-Pantalony (88.05%), and Mr. Martin E. Schmieg (87.99%).

Positive

• High approval rates (>86%) for all board members indicating strong shareholder confidence
• Successful completion of all proposed resolutions

Negative

• Low shareholder participation rate of 36.26% at the annual meeting

PHILADELPHIA, Pa. and VANCOUVER, British Columbia, Feb. 05, 2025 (GLOBE NEWSWIRE) -- BriaCell Therapeutics Corp. (Nasdaq: BCTX, BCTXW) (TSX:BCT) (“BriaCell” or the “Company”), a clinical-stage biotechnology company that develops novel immunotherapies to transform cancer care, is pleased to announce the results of its annual general meeting of shareholders of the Company (the “Shareholders”) for the year ended July 31, 2024 held on February 5, 2025 (the “Meeting”). A total of 36.26% of the Company’s issued and outstanding common shares (the “Common Shares”) were voted at the Meeting.

At the Meeting, the Shareholders overwhelmingly voted in favour of all proposed resolutions, consisting of the re-appointment of MNP LLP as auditors of the Company for the ensuing year and authorizing the directors to fix their remuneration, and the election of each of Dr. William V. Williams, Mr. Jamieson Bondarenko, Dr. Jane A. Gross, Dr. Rebecca Taub, Mr. Vaughn C. Embro-Pantalony, and Mr. Martin E. Schmieg as directors of the Company.

Detailed results of the votes in connection with the election of the directors are set out below:

Director	% of Votes For	% of Votes Withheld
Dr. William V. Williams	88.42%	11.58%
Mr. Jamieson Bondarenko	86.57%	13.43%
Dr. Jane A. Gross	88.37%	11.63%
Dr. Rebecca Taub	88.44%	11.56%
Mr. Vaughn C. Embro-Pantalony	88.05%	11.95%
Mr. Martin E. Schmieg	87.99%	12.01%

The formal report on voting results with respect to all matters voted upon during the Meeting will be filed on the Company’s SEDAR+ profile at www.sedarplus.ca.

About BriaCell Therapeutics Corp.

BriaCell is a clinical-stage biotechnology company that develops novel immunotherapies to transform cancer care. More information is available at https://briacell.com/.

Safe Harbor

This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will,” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on BriaCell’s current expectations and are subject to inherent uncertainties, risks, and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully under the heading “Risk Factors” in the Company’s most recent Annual Report on Form 10-K, and under “Risks and Uncertainties” in the Company’s other filings with the Canadian securities regulatory authorities and the U.S. Securities and Exchange Commission, all of which are available under the Company’s profiles on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov. Forward-looking statements contained in this announcement are made as of this date, and BriaCell Therapeutics Corp. undertakes no duty to update such information except as required under applicable law.

Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

Company Contact:
William V. Williams, MD
President & CEO
1-888-485-6340
info@briacell.com

Media Relations:
Jules Abraham
Director of Public Relations
CORE IR
917-885-7378
julesa@coreir.com

Investor Relations Contact:
CORE IR
investors@briacell.com

FAQ

What was the shareholder participation rate at BriaCell's (BCTXW) 2025 annual meeting?

The shareholder participation rate at BriaCell's 2025 annual meeting was 36.26% of the company's issued and outstanding common shares.

Who received the highest shareholder approval percentage among BriaCell's board members in 2025?

Dr. Rebecca Taub received the highest shareholder approval percentage at 88.44%.

When was BriaCell's (BCTXW) annual general meeting held for fiscal year 2024?

BriaCell's annual general meeting for fiscal year 2024 was held on February 5, 2025.

Which auditing firm was re-appointed at BriaCell's 2025 shareholder meeting?

MNP LLP was re-appointed as auditors of BriaCell at the 2025 shareholder meeting.