TORONTO, July 15, 2021 /CNW/ - EFH Holdings Inc.
("EFH" or the "Company") (TSXV: EFH) is reporting that at the
July 15, 2021 Annual General and
Special Meeting of Shareholders (the "Meeting") a special
resolution was approved to change the name of the Company to "ICPEI
Holdings Inc." The name change is subject to standard
regulatory approvals and will be effective upon the filing of
Articles of Amendment. The TSXV stock symbol will be changed and
the new symbol will be announced once Exchange approval is
received.
At the Meeting the Company shareholders elected James Falle, Robert
Ghiz, Serge Lavoie,
Sharon Ranson and Murray Wallace as directors.
At the Meeting the Company's shareholders also approved the EFH
Stock Option Plan and the EFH Share Unit Plan as presented. TSXV
rules require the yearly approval by shareholders of the Stock
Option Plan and Share Unit Plan.
The Company's financial results for Q2 2021 will be reported in
August 2021.
Forward-looking Information
This news release contains forward-looking information based on
current expectations. This information includes, but is not limited
to, statements about the timing of the Company's annual and special
general meeting of shareholders and the preparation of the
accompanying information circular. These statements, which appear
in this press release generally can be identified by the use of
forward-looking words such as "may", "will", "expect", "intend",
"estimate", "anticipate", "believe", "plan", "would", "should",
"could", "trend", "predict", "likely", "potential" or "continue" or
the negative thereof and similar variations, and include the
proposed date of the Meeting, the proposed record date, the format
of the Meeting and the date of filing and content of the Meeting
Materials. This information is based upon certain material factors
or assumptions that were applied in drawing a conclusion or making
a projection as reflected in the forward-looking information. By
its nature, this information is subject to inherent risks and
uncertainties that may be general or specific. A variety of
material factors, many of which are beyond EFH's control, affect
the operations, performance and results of its business and could
cause actual results to differ materially from the expectations
expressed in any of this forward-looking information.
About EFH Holdings Inc.
Founded in 1998, EFH Holdings Inc. operates in the property and
casualty insurance industry in Canada, providing personal and commercial
lines insurance exclusively through the broker channel. The Company
distributes insurance products through The Insurance Company of
Prince Edward Island. The
Company's name was changed from Echelon Financial Holdings Inc. to
EFH Holdings Inc. after receiving approval from shareholders on
December 11, 2020. It trades on the
TSX Venture Exchange under the symbol EFH and prior to December 23, 2020 it traded on the Toronto Stock
Exchange.
Neither 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.
For more information, please visit www.efh.ca
SOURCE EFH Holdings Inc.