Gamelancer Announces Results of Annual and Special Meeting
Gamelancer Media Corp. (dba Vertiqal Studios) held its annual and special meeting on June 27, 2024, where all proposed resolutions were approved. Key points include the election of directors Jonathan Dwyer, Samuel Banks, Razvan Romanescu, Robert Segal, Matt Berger, Aaron Reitkopf, Kevin Moriarty, Kevin Cooper, and Ali Plonchak with over 97% approval. MNP LLP was appointed as the auditors until the next annual meeting. Special resolutions passed include authorizing the board to set the number of directors, amending the articles to change the company's name to Vertiqal Studios Corp., and consolidating shares. An omnibus equity incentive plan was approved, along with issuing common shares to a related party to settle an outstanding debt.
- None.
- Approval of share consolidation may lead to reduced share count, impacting individual shareholder holdings.
Toronto, Ontario--(Newsfile Corp. - June 27, 2024) - Gamelancer Media Corp. (dba Vertiqal Studios) (TSX: VRTS) (OTCQB: GAMGF) (FSE: P93) (the "Company") is pleased to announce the results of its annual and special meeting of shareholders (the "Meeting") held earlier today.
All matters presented for approval at the Meeting were duly authorized and approved, as follows:
- Each of the following nominees were elected as a director of the Company. The results of the common shares voted in person or by proxy in respect of the election of each director are as follows:
| Nominee | Votes For | Votes Withheld |
| Jonathan Dwyer | 139,656,076 ( | 641,000 ( |
| Samuel Banks | 136,091,076 ( | 4,206,000 ( |
| Razvan Romanescu | 139,648,039 ( | 649,037 ( |
| Robert Segal | 138,811,076 ( | 1,486,000 ( |
| Matt Berger | 136,090,539 ( | 4,206,537 ( |
| Aaron Reitkopf | 136,083,176 ( | 4,213,900 ( |
| Kevin Moriarty | 136,731,939 ( | 3,565,137 ( |
| Kevin Cooper | 139,648,439 ( | 648,637 ( |
| Ali Plonchak | 136,090,539 ( | 4,206,537 ( |
The appointment of MNP LLP as the auditors of the Company until the next annual meeting of shareholders and the board of directors were authorized to fix the remuneration of the auditor.
The approval of the special resolution authorizing the board of directors of the Company to set the number of directors from time to time within the minimum and maximum number of directors set forth in the articles of the Company.
The approval of the special resolution authorizing the amendment of the articles of the Company to change the name of the Company to "Vertiqal Studios Corp." or such other name as the directors of the Company, in their sole discretion, may determine.
The approval of the omnibus equity incentive plan of the Company, and the unallocated rights, options and other entitlements thereunder.
The approval of the special resolution authorizing the amendment the articles of the Company to consolidate each of the issued and outstanding common shares of the Company by changing a maximum of twenty (20) pre-consolidation common shares of the Company, or such lesser number of pre-consolidation common shares as the directors of the Company in their discretion may determine, into one (1) post-consolidation common share of the Company.
The approval of the ordinary authorizing the issuance of common shares of the Company to a related party which is majority-owned and controlled by a director of the Company to settle an outstanding amount owed to the related party by the Company.
Further details on the above matters, including the report of voting results thereon, are available on under the Company's profile on SEDAR+ at www.sedarplus.ca.
About Vertiqal Studios
Vertiqal Studios is a leading digital-channel network and video-production studio specializing in the creation and distribution of viral videos. With a daily output of 100+ videos across 138 owned-and-operated channels, Vertiqal leverages TV economics to monetize content on platforms like TikTok and Instagram and revenue-share on platforms such as Snapchat. The company's focus on producing and broadcasting performative organic content to an audience of over 52 million followers and subscribers, generating over 2 billion monthly video views, positions Vertiqal as a key player in scalable marketing concepts with brands, agencies, and creators for full production and distribution brand campaigns on major social platforms.
For more information and to join our email subscriber list for direct press releases and newsletters, visit https://vertiqalstudios.com/.
For media inquiries, please contact:
Jon Dwyer
Chairman and Chief Executive Officer
Tel: +1 (416) 627-8868;
Email: jon@vertiqalstudios.com
Investor Relations Email: ir@vertiqalstudios.com
Forward Looking Information
This news release contains forward‐looking statements and forward‐looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward‐looking statements or information. The forward‐looking statements and information are based on certain key expectations and assumptions made by management of the Company. Although management of the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward‐looking statements and information since no assurance can be given that they will prove to be correct.
Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as making investment decisions. Since forward‐looking statements and information address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. Accordingly, readers should not place undue reliance on the forward‐looking statements and information contained in this news release.
The forward‐looking statements and information contained in this news release are made as of the date hereof and no undertaking is given to update publicly or revise any forward‐looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/214768
FAQ
What was the outcome of Gamelancer Media Corp.'s annual and special meeting on June 27, 2024?
Who were elected as directors at Gamelancer Media Corp.'s 2024 annual meeting?
Which auditor was appointed for Gamelancer Media Corp. until the next meeting?
What special resolutions were approved at Gamelancer Media Corp.'s annual meeting?
What does the share consolidation approval mean for GAMGF shareholders?
