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Wellfield Technologies, Inc. Announces Shareholder Meeting Results

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Wellfield Technologies (TSXV: WFLD) (OTC Pink: WFLDF) has announced the results of its annual general and special meeting. Shareholders approved three key resolutions: the re-election of four directors (Levy Cohen, Chanan Steinhart, Neal Sample, and Kristina Bates), the appointment of Kingston Ross Pasnak LLP as auditors, and the adoption of an amended equity incentive plan.

The amended plan increases the maximum number of common shares reserved for restricted share units from 17,310,020 to 19,069,112 shares. Full details of the resolutions can be found in the management information circular dated December 24, 2024, available on SEDAR+.

Wellfield Technologies (TSXV: WFLD) (OTC Pink: WFLDF) ha annunciato i risultati della sua assemblea generale annuale e straordinaria. Gli azionisti hanno approvato tre risoluzioni chiave: la rielezione di quattro direttori (Levy Cohen, Chanan Steinhart, Neal Sample e Kristina Bates), la nomina di Kingston Ross Pasnak LLP come revisori dei conti, e l'adozione di un piano di incentivazione azionaria modificato.

Il piano modificato aumenta il numero massimo di azioni comuni riservate per le unità azionarie riservate da 17.310.020 a 19.069.112 azioni. I dettagli completi delle risoluzioni sono disponibili nel circolare informativa della direzione datata 24 dicembre 2024, disponibile su SEDAR+.

Wellfield Technologies (TSXV: WFLD) (OTC Pink: WFLDF) ha anunciado los resultados de su reunión general anual y especial. Los accionistas aprobaron tres resoluciones clave: la reelección de cuatro directores (Levy Cohen, Chanan Steinhart, Neal Sample y Kristina Bates), el nombramiento de Kingston Ross Pasnak LLP como auditores, y la adopción de un plan de incentivos en acciones modificado.

El plan modificado incrementa el número máximo de acciones comunes reservadas para unidades de acciones restringidas de 17,310,020 a 19,069,112 acciones. Los detalles completos de las resoluciones se pueden encontrar en el circular de información de gestión fechado el 24 de diciembre de 2024, disponible en SEDAR+.

웰필드 기술 (TSXV: WFLD) (OTC Pink: WFLDF)는 연례 총회 및 특별 회의 결과를 발표했습니다. 주주들은 세 가지 주요 결의를 승인했습니다: 네 명의 이사 재선임 (레비 코헨, 차난 스틴하르트, 닐 샘플, 그리고 크리스티나 베이츠), 킹스턴 로스 파스낙 LLP의 감사원 임명, 그리고 수정된 주식 인센티브 계획 채택.

수정된 계획은 제한 주식 단위에 예약된 최대 보통주 수를 17,310,020주에서 19,069,112주로 증가시킵니다. 결의안의 전체 세부정보는 2024년 12월 24일자 경영 정보 원에서 확인할 수 있으며, SEDAR+에서 이용 가능합니다.

Wellfield Technologies (TSXV: WFLD) (OTC Pink: WFLDF) a annoncé les résultats de son assemblée générale annuelle et extraordinaire. Les actionnaires ont approuvé trois résolutions clés : la réélection de quatre administrateurs (Levy Cohen, Chanan Steinhart, Neal Sample et Kristina Bates), la nomination de Kingston Ross Pasnak LLP en tant qu'auditeurs, et l'adoption d'un plan d'incitation en actions modifié.

Le plan modifié augmente le nombre maximum d'actions ordinaires réservées pour les unités d'actions restreintes de 17 310 020 à 19 069 112 actions. Les détails complets des résolutions peuvent être consultés dans le circulaire d'information de la direction daté du 24 décembre 2024, disponible sur SEDAR+.

Wellfield Technologies (TSXV: WFLD) (OTC Pink: WFLDF) hat die Ergebnisse seiner jährlichen Haupt- und Sonderversammlung bekannt gegeben. Die Aktionäre haben drei zentrale Beschlüsse genehmigt: die Wiederwahl von vier Direktoren (Levy Cohen, Chanan Steinhart, Neal Sample und Kristina Bates), die Ernennung von Kingston Ross Pasnak LLP als Wirtschaftsprüfer und die Annahme eines geänderten Aktienoptionsplans.

Der geänderte Plan erhöht die maximale Anzahl der für eingeschränkte Aktien anteile reservierten Stammaktien von 17.310.020 auf 19.069.112 Aktien. Vollständige Einzelheiten zu den Beschlüssen sind im am 24. Dezember 2024 datierten Management-Informationszirkular zu finden, das auf SEDAR+ verfügbar ist.

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  • Increase in potential share dilution through expanded equity incentive plan (+1,759,092 shares)

Toronto, Ontario--(Newsfile Corp. - January 22, 2025) - Wellfield Technologies Inc. (TSXV: WFLD) (OTC Pink: WFLDF) (FSE: K8D) (the "Company" or "Wellfield") is pleased to announce the results of its annual general and special meeting of shareholders (the "Meeting"). At the Meeting, the Company's shareholders approved: (i) the re-election of the four nominated directors standing for re-election, being Levy Cohen, Chanan Steinhart, Neal Sample and Kristina Bates; (ii) the appointment of Kingston Ross Pasnak LLP as the Company's auditors; and (iii) the adoption of the Company's amended and restated equity incentive plan (the "Plan"). The resolutions are fully described in the management information circular dated December 24, 2024 related to the Meeting, which can be found under the Company's SEDAR+ profile at www.sedarplus.ca.

The Plan has been amended in order to increase the maximum number of common shares in the capital of the Company (the "Common Shares") reserved for issuance, in the aggregate, pursuant to the settlement of restricted share units granted under the Plan from 17,310,020 Common Shares to 19,069,112 Common Shares.

About Wellfield Technologies

Wellfield Technologies, Inc. (TSXV: WFLD) is a leading fintech company specializing in innovative solutions leveraging blockchain technology. Our platform Coinmama, provides seamless access to the cryptocurrency market for over 3.5 million registered users across 180 countries. We offer disruptive on-chain and web3 secure and friendly self-custody solutions through Coinmama. Additionally, Wellfield operates Tradewind Markets platform to digitize and trade real-world assets, including our flagship VaultChain™ Gold and VaultChain™ Silver products.

Join Wellfield's digital community on LinkedIn and Twitter, and for more details, visit wellfield.io

For further information contact:

Wellfield Technologies Inc.
Levy Cohen, CEO
levyc@wellfield.io
(832) 483-2575

Ryan Graybill, Investor Relations
ryan.graybill@wellfield.io

Cautionary Statements

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has approved nor disapproved the contents of this news release, nor do they accept responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/238148

FAQ

What changes were approved at Wellfield Technologies (WFLDF) 2025 shareholder meeting?

At the 2025 shareholder meeting, Wellfield Technologies shareholders approved the re-election of four directors, appointed Kingston Ross Pasnak LLP as auditors, and adopted an amended equity incentive plan increasing share reserves for restricted share units.

How many additional shares were added to Wellfield Technologies (WFLDF) equity incentive plan?

The amended equity incentive plan increased the maximum number of common shares reserved for restricted share units by 1,759,092 shares, from 17,310,020 to 19,069,112 shares.

Who are the re-elected directors of Wellfield Technologies (WFLDF) in 2025?

The re-elected directors are Levy Cohen, Chanan Steinhart, Neal Sample, and Kristina Bates.

Which firm was appointed as Wellfield Technologies (WFLDF) auditor in 2025?

Kingston Ross Pasnak LLP was appointed as Wellfield Technologies' auditor.

WELLFIELD TECHNOLOGIE INC

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