CALGARY, AB, Aug. 13, 2020 /CNW/ - Sylogist Ltd.
(TSXV: SYZ) ("Sylogist" or the "Company"), announces
the results of its Annual General and Special Meeting held on
August 12, 2020, as well as the
directors' election of a Board Chair and committees for the ensuing
year.
At the Meeting, the shareholders elected Barry Foster, Taylor
Gray, James Wilson,
David Elder, Lester Fernandes and Craig O'Neil to the Board of Directors of the
Company, to serve until the next annual meeting and subject to all
applicable regulatory requirements. Resolutions to approve the
Company's stock option plan and its proposed amended by-law, did
not pass.
At their meeting, immediately following the shareholders'
meeting, the Board appointed Barry
Foster to serve as Board Chair and constituted its
committees. The Audit Committee will be comprised of Mr. Gray
(Chair), Mr. Foster and Mr. Fernandes, who are all independent
directors. The Compensation Committee will be chaired
by Mr. O'Neill (independent), with Mr. Gray and Mr. Foster serving
as members. Mr. Foster was appointed Chair, with Mr. Gray and
Mr. Fernandes serving as members, of the Nominating and Governance
Committee.
About Sylogist
Sylogist is a software company that, through strategic
acquisitions, investments and operations management, provides
comprehensive, mission-critical ERP and CRM solutions, including
fund accounting, case management, grant management and payroll, to
public service organizations. Sylogist's public service
customers include all levels of government, nonprofit
organizations, non-governmental organizations, educational
institutions as well as public compliance driven and funded
companies. Our Company delivers highly scalable, multi-language,
multi-currency software solutions, which serve the needs of an
international clientele.
Full financial statements together with Management's Discussion
and Analysis are available on SEDAR at www.sedar.com.
The Company's stock is traded on the TSX Venture Exchange under
the symbol SYZ. Information about Sylogist can be found at
http://www.sylogist.com.
This news release is not for distribution to United States
Newswire Services or for dissemination in the United States.
- Neither 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 Sylogist Ltd.
