Cadillac Ventures Inc. Announces the Results of Its Annual General and Special Meeting

Rhea-AI Summary

Cadillac Ventures Inc. (TSXV:CDC, OTC PINK:CADIF) held its Annual General and Special Meeting on November 11, 2020, in Pickering. All proposed items were approved, including the sale of the Thierry Mine Project and the appointment of Dale Matheson Carr-Hilton Labonte LLP as auditors. The meeting also re-approved the current stock option plan and granted directors the ability to consolidate share capital between one-for-three and one-for-ten. Directors elected include Norman Brewster, Neil Novak, Maurice Stekel, and Rahim Allani.

Positive

• Approval of the sale of the Thierry Mine Project.
• Appointment of Dale Matheson Carr-Hilton Labonte LLP as auditors.
• Re-approval of the stock option plan.
• Directors granted consolidation ability for share capital.

Negative

• None.

TORONTO, ON / ACCESSWIRE / November 12, 2020 / Cadillac Ventures Inc. (the "Corporation") (TSXV:CDC)(OTC PINK:CADIF) ("Cadillac") is pleased to announce the results of the Corporation's Annual General and Special Meeting ("AGM") of Shareholders which was held on November 11th at the Corporation's head office in Pickering.

The Corporation is pleased to report that all items that were set out in the Notice of the Meeting were duly passed at the AGM including the approval of the sale of the Thierry Mine Project, the appointment of Dale Matheson Carr-Hilton Labonte LLP., as the Corporation's Auditor, the re-approval of the Corporation's current stock option plan, the approval to grant the directors of the Corporation the ability to undertake a consolidation of the Corporations share capital at a range between a one for three and a one for ten basis, and the election of the Directors (Norman Brewster, Neil Novak, Maurice Stekel and Rahim Allani).

Contact Information

For more information regarding Cadillac, please visit the Company's website www.cadillacventures.com, or call Norman Brewster, President and Chief Executive Officer, at 905 837 2000.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this new release.

SOURCE: Cadillac Ventures Inc.

View source version on accesswire.com:
https://www.accesswire.com/616256/Cadillac-Ventures-Inc-Announces-the-Results-of-Its-Annual-General-and-Special-Meeting

FAQ

What were the results of Cadillac Ventures Inc.'s AGM held on November 11, 2020?

All items proposed at Cadillac Ventures Inc.'s AGM, including the sale of the Thierry Mine Project and the appointment of auditors, were approved.

What decisions were made regarding share capital at Cadillac Ventures Inc.'s AGM?

The directors were granted the ability to consolidate Cadillac Ventures Inc.'s share capital on a range of one-for-three to one-for-ten.

Who were elected as directors during Cadillac Ventures Inc.'s AGM?

Directors elected at the AGM included Norman Brewster, Neil Novak, Maurice Stekel, and Rahim Allani.