Verde Announces Results of the 2017 Annual and Special Meeting of Shareholders
TORONTO, June 30, 2017 (GLOBE NEWSWIRE) -- Verde AgriTech (TSX:NPK) ("Verde” or the “Company”) held its Annual and Special Meeting (“ASM”) of shareholders on Thursday June 29, 2017 in Toronto, Canada and is pleased to announce that its shareholders approve all items put before them.
At the ASM, all director nominees were elected as directors of the Company. In addition, shareholders adopted the Directors’ Report, the Audited Statement of Accounts and the Auditors’ Report for the year ended December 31, 2016 and appointed BDO LLP as auditors of the Company for the ensuing year. Shareholders also approved the Company’s proposal to authorise the directors of the Company to fix their remuneration and the issuance of ordinary shares to directors and management. The results of the vote on election of directors are as follows:
| Item Voted Upon | Voting Result |
| Election of Directors nominated in the Company’s management information circular dated May 26th, 2017 | * The nominees proposed by management were elected by ballot by shareholders, as follows: Votes For Votes Withheld Alysson Paulinelli 4,426,136 423,666 (91.26%) (8.74%) Paulo Sergio Ribeiro Machado 4,666,246 183,556 (96.22%) (3.78%) Cristiano Veloso 4,825,737 24,065 (99.50%) (0.50%) Getulio Lamartine 4,465,236 384,566 (92.07%) (7.93%) Renato Gomes 4,455,127 394,675 (91.86%) (8.14%) |
| Special Business to approve the issuance of ordinary shares to directors and management | * The resolution was approved by shareholders by ballot, as follows: Votes For Votes Against 1,817,547 255,886 (87.66) (12.34%) |
About Verde AgriTech
Verde AgriTech promotes sustainable and profitable agriculture through the development of its Cerrado Verde Project. Cerrado Verde, located in the heart of Brazil’s largest agricultural market, is the source of a potassium-rich deposit from which the Company intends to produce solutions for crop nutrition, crop protection, soil improvement and increased sustainability.
For additional information please contact:
Cristiano Veloso, President & Chief Executive Officer
Tel: +55 (31) 3245 0205; Email: cv@verdeagritech.com
www.verdeagritech.com
www.supergreensand.com
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