INEO Announces Voting Results of Annual General and Special Meeting of Shareholders

Rhea-AI Summary

INEO Tech Corp. (TSXV: INEO; OTCQB: INEOF) announced the results of its March 8, 2022, general and special meeting where all nominees for the board were elected. A total of 30,319,353 common shares were voted, representing 50.37% of the outstanding shares. Director votes included 99.9% approval for Greg Watkin, Kyle Hall, Steve Matyas, Dave Jaworski, and Serge Gattesco. The company operates the INEO Media Network, offering a digital advertising solution integrated with retail theft detection. For more details, visit the company's website.

Positive

• All director nominees were elected with 99.9% approval.
• 30,319,353 shares (50.37%) voted, indicating strong shareholder engagement.

Negative

• None.

SURREY, BC, March 9, 2022 /PRNewswire/ - INEO Tech Corp. (TSXV: INEO) (OTCQB: INEOF) (the "Company" or "INEO"), an innovative developer of the INEO Media Network, a digital advertising and analytics solution for retailers, today announced that at its general and special meeting held March 8, 2022 (the "Meeting"), all of the nominees for election as directors of the Company referred to in its notice of meeting and information circular dated January 18, 2022 for the Meeting were elected.

A total of 30,319,353 common shares representing 50.37% of the outstanding common shares of the Company were voted by proxy at the Meeting. Voting results for the election of directors at the Meeting were as follows:

Name of Director	Votes In Favor	Votes Withheld	% Voted In Favor
Greg Watkin	30,293,392	25,961	99.9%
Kyle Hall	30,317,353	2,000	99.9%
Steve Matyas	30,317,353	2,000	99.9%
Dave Jaworski	30,317,353	2,000	99.9%
Serge Gattesco	30,317,353	2,000	99.9%

The results of other matters considered at the Meeting are reported in the Report of Voting Results as filed on SEDAR (www.sedar.com) filed on March 9, 2022.

INEO Tech Corp.
Per:      "Kyle Hall"
Kyle Hall, Chief Executive Officer and Director

About INEO Tech Corp.        

INEO Tech Corp., through its wholly owned subsidiary, INEO Solutions Inc., operates the INEO Media Network, a digital advertising and analytics solution for retailers.  INEO's patented technology integrates and monetizes digital screens with theft detection sensor gates at the entrance of retail stores.  The Company's cloud-based platform uses IoT (Internet of Things) and AI (Artificial Intelligence) technology to deliver customized digital advertising to each retail location based on the demographic mix, such as age and gender, of customer traffic at each location.  The Company offers its technology through a SaaS-based solution to retailers.  INEO is headquartered in Surrey, Canada and publicly traded on the TSX-Venture Exchange under the symbol "INEO" and on the OTCQB-Venture Market under the symbol "INEOF". 

For more information please visit: www.ineosolutionsinc.com.

Forward-Looking Statements

Investors are cautioned that, except as disclosed in the disclosure document, any information released or received with respect to the Company may not be accurate or complete and should not be relied upon. Trading in securities of the Company should be considered highly speculative.

This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectations. Important factors – including the availability of funds, acceptance of the Company's products, competition, and general market conditions – that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed on SEDAR, including the Annual Information Form for the year ended June 30, 2020 filed on SEDAR December 3, 2020. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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.

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SOURCE INEO Tech Corp.

FAQ

What were the voting results for INEO Tech Corp. on March 8, 2022?

All director nominees received 99.9% approval from shareholders during the meeting.

How many shares were voted at the INEO Tech Corp. meeting?

A total of 30,319,353 common shares, representing 50.37% of outstanding shares, were voted.

What does INEO Tech Corp. specialize in?

INEO Tech Corp. specializes in a digital advertising and analytics solution for retailers.

When was the INEO Tech Corp. meeting held?

The meeting was held on March 8, 2022.

What is the stock symbol for INEO Tech Corp.?

The stock symbol for INEO Tech Corp. is INEO on TSXV and INEOF on OTCQB.