Rapid Dose Therapeutics Announces Shareholder Meeting Voting Results and New Chief Financial Officer
07 December 2019 - 9:10AM
Rapid Dose Therapeutics Corp. (CSE: DOSE)
(“
RDT” or the “
Corporation”) is
pleased to announce that all of the nominees listed in the
Corporation’s management information circular dated November 11,
2019 were elected as directors of the Corporation at the Annual
General and Special Meeting of Shareholders held today, Friday,
December 6, 2019 (the “
Meeting”) and all of the
other matters considered by the shareholders at the Meeting were
approved.
The following table provides detailed proxy
results of matters considered and voted upon at the Meeting:
Matters Voted Upon at the Meeting |
|
|
Percentage |
1. Re-Appointment of MNP LLP as Auditor |
Votes in Favour Votes Withheld |
41,114,985 400 |
99.9% 0.0009% |
2. Authorization for the Board to Change the Number of
Directors between Shareholders Meetings |
Votes in FavourVotes Against |
41,114,985 400 |
99.9% 0.0009% |
3. Election of Directors a.
Mark Upsdell |
Votes in FavourVotes Withheld |
40,792,169 323,216 |
99.2% 0.78% |
b. Kenneth Fox |
Votes in FavourVotes Withheld |
41,114,985 400 |
99.9% 0.0009% |
c. Donald Sheldon |
Votes in FavourVotes Withheld |
39,714,985 1,400,000 |
96.5% 3.4% |
4. Approval of Stock Option Plan |
Votes in FavourVotes Against |
38,776,785 2,338,600 |
94.3% 5.6% |
The Corporation also announces that Ian Fodie,
the current Chief Financial Officer of the Corporation, has
resigned with an ending date of December 10, 2019. “On behalf
of the entire Board and management of the Corporation, I would like
to thank Ian for his tireless efforts and assistance during his
tenure as CFO of our Corporation and wish him every possible
success in his future endeavours,” said Mark Upsdell, Chief
Executive Officer of RDT.
Effective December 11, 2019, Miles Nagamatsu
will be re-joining the Corporation as the interim Chief Financial
Officer. Miles Nagamatsu served as Chief Financial Officer of
ACME Resources Inc., a predecessor corporation prior to the
completion of that company’s reverse take-over transaction and
business combination with Rapid Dose Therapeutics Inc.
Effective immediately, the Corporation is also
pleased to announce the appointment of Kristina Shea as Corporate
Secretary, bringing over 20 years of financial and marketing
communications. Her experience includes engagement with
shareholders, vendors, suppliers and community stakeholders.
The Corporation thanks members of the Board of
Directors for their contributions and that of Brian Howlett and
Jason Lewis, who are stepping down from the Board. Jason Lewis will
be focusing his efforts on his management role of SVP, Business
Development.
About Rapid Dose Therapeutics
Rapid Dose Therapeutics Corp. is a
publicly-traded Canadian life sciences company that provides
innovative, proprietary drug delivery technologies designed to
improve outcomes and quality of lives. RDT offers Quick,
Convenient, Precise and Discreet™ choices to consumers. RDT is
focused and committed to clinical research and product development
for the healthcare manufacturing industry, including nutraceutical,
pharmaceutical and cannabis industries. Within the cannabis sector,
RDT provides a turn-key Managed Strip Service Program which enables
RDT’s QuickStrip™ proprietary drug delivery technology to be
licensed by select partners. RDT’s service-based annuity contracts
drive recurring revenue which enables rapid expansion into emerging
markets — generating value for consumers and shareholders. RDT is
committed to continually create innovative solutions aimed at
multiple consumer segments and future market needs — including
humans, animals and plants.
For more information,
visit: www.rapid-dose.com
For further inquiries please contact:
Mark UpsdellPresident and Chief Executive
Officermupsdell@rapid-dose.com Tel: (416) 477-1020
Ali Mahdavi, Managing Director Spinnaker Capital
Markets Inc.am@spinnakercmi.comOffice (416)
962-3300
Social
MediaRapidDoseTherapeutics.linkedinRapidDoseTherapeutics.twitterRapidDoseTherapeutics.facebookQuickStrip.instagram
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although considered reasonable by RDT management at the time of
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materially from those anticipated in such forward-looking
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accuracy of the content of this news release.
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