VANCOUVER, BC, Oct. 26,
2023 /CNW/ - LQWD Technologies Corp. (TSXV: LQWD)
(OTC: LQWDF) ("LQWD" or the "Company") announces that it held its
annual general meeting of shareholders on October 25, 2023, and all resolutions were
passed.
A total of 2,511,756 common shares were voted at the meeting,
representing 21.65% of the votes attached to all the outstanding
common shares of the Company. Shareholders voted as follows on the
matters before the meeting:
Fixing the Number of
Directors
Shareholders fixed the number of directors at five (5) with
99.99% of shares represented at the meeting voting in favour.
Election of Directors
Shareholders elected the following five (5) directors to serve
on the Company's board of directors until the next annual meeting
of shareholders or until their successors are elected or
appointed:
|
Nominee
|
For
|
% For
|
Withheld
|
%
Withheld
|
|
Shone Anstey
|
2,385,720
|
99.91
|
2,085
|
0.09
|
|
Alex Guidi
|
2,386,358
|
99.94
|
1,447
|
0.06
|
|
Kim Evans
|
2,387,460
|
99.99
|
345
|
0.01
|
|
Giuseppe (Pino)
Perone
|
2,385,822
|
99.92
|
1,983
|
0.08
|
|
Ashley
Garnot
|
2,387,458
|
99.99
|
347
|
0.01
|
Appointment of Auditors
Shareholders appointed Kingston Ross Pasnak LLP as auditor of
the Company for the upcoming year and authorized the directors of
the Company to fix the remuneration of the auditor with 99.99%
of shares represented at the meeting voting in favour.
Approval of Stock Option
Plan
The Company's incentive stock option plan was approved by
shareholders with 99.94% of shares represented at the meeting
voting in favour.
About LQWD
Technologies
LQWD is a Lightning Network Liquidity Provider focused on
developing payment infrastructure and solutions accelerating the
global mega trend of Bitcoin adoption through the
Lightning Network. LQWD also owns Bitcoin that is used
as an operating asset establishing nodes and payment channels on
the Lightning Network.
Forward-Looking
Statements
This news release contains "forward-looking information"
within the meaning of applicable securities laws relating to the
Company's business plans and the outlook of the Company's industry.
Although the Company believes, considering the experience of its
officers and directors, current conditions and expected future
developments and other factors that have been considered
appropriate, that the expectations reflected in this
forward-looking information are reasonable, undue reliance should
not be placed on them because the Company can give no assurance
that they will prove to be correct. Actual results and developments
may differ materially from those contemplated by these statements.
The statements in this press release are made as of the date of
this release and the Company assumes no responsibility to update
them or revise them to reflect new events or circumstances other
than as required by applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE LQWD Technologies Corp.