~All items on the annual shareholder meeting
agenda approved~
VANCOUVER, BC, June 7, 2022
/CNW/ - TIMIA Capital Corporation ("TIMIA" or the "Company")
(TSXV: TCA) (OTCQB: TIMCF) today announced the results of its
2022 Annual and Special General Shareholder Meeting
("Meeting").
A total of 32,363,529 common shares were represented in person
or by proxy at the Meeting, representing 54.3 of the total
outstanding shares of the Company as at the record date with a
substantial majority voting in favour of the items on the agenda
including: (a) setting the number of directors at nine; (b) the
approval of the Company's equity incentive plan; (c) the
appointment of Manning Elliott LLP, Chartered Professional
Accountants, as auditors of the Company; and (d) approval of the
Brightpath acquisition on a 'majority of minority' basis, after
excluding shares owned directly or indirectly by Ken Thomson. In
addition, the Brightpath acquisition was approved on a 'majority of
minority' basis by the Company's preferred shareholders.
Jan Lederman, Paul Geyer, Robert
Napoli, Howard Atkinson,
David Demers, Thealzel Lee,
Mike Walkinshaw, and Ken Thomson were re-elected to serve as
directors of the Company.
For the complete Notice of Meeting and Management Information
Circular, click HERE to reach the Company's SEDAR filings.
About TIMIA Capital
Corporation
The Company democratizes private credit for investors by
offering a broad range of speciality private credit opportunities
with transparency and efficiency, facilitated by the Company's
proprietary technology platform. These high-yield loan
opportunities are delivered through operating divisions: TIMIA
Capital which offers revenue-based investment to fast growing,
business-to-business Software-as-a-Service (or SaaS) businesses in
North America, and Pivot Financial
which specializes in asset-based private credit targeting
mid-market borrowers in Canada.
The Corporation deploys funds on behalf of limited partnerships,
institutions, retail investors, high net worth individuals, its
management team and shareholders. For more information about TIMIA
and SaaS lending, please visit www.timiacapital.com. For more
information about specialized private credit and Pivot please
visit: www.pivotfinancial.com
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 news release.
SOURCE TIMIA Capital Corp.
