Voxtur Announces Results of Annual and Special Meeting of Shareholders | Your money


TORONTO and TAMPA, Fla., June 24, 2022 (GLOBE NEWSWIRE) — Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF) (“Voxtur” or the “Company”), a North American technology company building an accessible home lending ecosystem and, today announced the results of its annual and special meeting of shareholders held on June 14, 2022 (the “meeting”).

At the Meeting, the shareholders of the Company approved the establishment of the number of directors of the Company at nine and elected the following persons as directors of the Company (the “Board”), each for a term of one year or until their successor is duly elected or appointed: James Albertelli, Michael Harris, James Kelsey, Grant Moon, Joseph Murin, Christy Soukhamneut, Mark Volosov, Ray Williams and Gary Yeoman. The election of the Board of Directors reflects the company’s continued commitment to growth and innovation.

Shareholders also approved the following actions at the Meeting: the appointment of Marcum LLP as the Company’s auditor; the approval of an amendment to the Company’s bylaws to remove certain Canadian residency requirements for its elected directors; the approval of a stock consolidation, subject to the approval of the TSX Venture Exchange (“TSXV”), to be effected by the Board at its discretion, of the outstanding common shares of the Company at a ratio pooling up to 20:1; and the approval of a long-term incentive plan (the “LTIP”).

The LTIP provides for large-scale equity awards to directors, officers, consultants and employees. The LTIP allows for the granting of options, performance share units, restricted share units and/or deferred share units. The aggregate number of common shares of the Company to be reserved and set aside for issuance under the LTIP, together with all other established security compensation arrangements of the Company, will not exceed 10% of the common shares issued and in circulation of the Company. at the time the award was granted (on a non-diluted basis). The LTIP is subject to final approval by the TSXV. A complete copy of the LTIP is available in the management information circular for the meeting, which is available at www.sedar.com.

Following the Meeting, the Board of Directors reappointed the following officers of the Company: Gary Yeoman was appointed Executive Chairman, James Albertelli was appointed Chief Executive Officer, Angela Little was appointed Chief Financial Officer and Stacy Mestayer has been appointed Chief Legal Officer and Corporate Secretary.

About Voxtur

Voxtur is a transformational real estate technology company redefining industry standards in a dynamic lending environment. The company offers targeted data analytics to simplify tax solutions, property valuation and settlement services across the loan lifecycle for investors, lenders, government agencies and service providers. Voxtur’s proprietary data hub and workflow platforms more accurately and efficiently assess assets, originate and service loans, securitize portfolios, and assess tax valuations. The Company serves the real estate lending and property tax industries, both public and private, in the United States and Canada. For more information, visit www.voxtur.com.

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

Forward-looking information

This press release contains forward-looking statements and forward-looking information (collectively, “Forward-Looking Information”). Any information contained herein that is not based on historical facts may be considered forward-looking information within the meaning of Canadian and United States securities laws. Forward-looking information may be based on expectations, estimates and projections as of the date of this press release, and may be identified by the words “may”, “could”, “should”, “will”, “have the ‘intend’, ‘plan’, ‘anticipate’, ‘believe’, ‘estimate’, ‘expect’ or similar expressions. Forward-looking information may include, but is not limited to: the retention of officers and directors of the Company, the approval of the LTIP and/or the stock consolidation by the TSXV; effects relating to the Company’s ordinary shares following consolidation; expectations regarding the effects of certain milestones or the Company’s ability to successfully achieve certain business objectives; the effects of unforeseen costs, liabilities or delays; success of software activities; expectations regarding other economic, business, environmental, regulatory and/or competitive factors relating to the Company or the real estate industry generally; expected future production costs; and other events or conditions that may occur in the future. Investors are cautioned that forward-looking information is not based on historical fact but rather reflects estimates or projections regarding future results or events based on management’s beliefs, assumptions and estimates believed to be reasonable as of the date the information is provided. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance, or achievements of the Company. Key factors that could cause actual results to differ materially from those projected in the forward-looking information include, but are not limited to: turnover of officers and directors of the Company; TSXV approval requirements; opposition to the consolidation of ordinary shares of the Company; additional costs related to acquisitions; changing global financial conditions, particularly in light of the global COVID-19 pandemic; dependence on specific key employees and customers to maintain business operations; competition within the Company’s industry; risk of technology failure or failure to implement technology upgrades; the Company’s reliance on maintaining intellectual property; operating losses and negative cash flows; and currency fluctuations. Accordingly, readers should not place undue reliance on the forward-looking information contained herein.

This forward-looking information is provided as of the date of this press release and, accordingly, is subject to change after such date. The Company undertakes no obligation to update or revise this information to reflect new events or circumstances, except as required under applicable laws.

Contact: Jordan Ross Chief Investment Officer Tel. : (416) 708-9764 [email protected]


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