21:03:07 EDT Sat 18 May 2024
Enter Symbol
or Name
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Oceansix Future Paths Ltd
Symbol OSIX
Shares Issued 153,693,074
Close 2023-07-12 C$ 0.075
Market Cap C$ 11,526,981
Recent Sedar Documents

Oceansix shareholders approve all matters at AGSM

2023-07-12 09:20 ET - News Release

Mr. Elad Hameiri reports

OCEANSIX FUTURE PATHS LTD. REPORTS ON SUCCESSFUL 2023 ANNUAL AND SPECIAL MEETING

Oceansix Future Paths Ltd. shareholders passed all proposed resolutions with high majority at yesterday's annual and special meeting. This highlights a smooth decision-making process and demonstrates the high level of co-operation between shareholders and Oceansix management. Further, the attendance of approximately 55.6 per cent of the share capital emphasizes the level of the shareholders' engagement, involvement and commitment.

Oceansix is happy to announce that the shareholders also approved the appointment of Donatella Aurino as an external director for a term of three years. Ms. Aurino is an experienced investment banking and wealth management professional with in-depth knowledge of equity capital markets, European client relationship management and private markets, able to leverage innovative sales techniques to drive the growth of significant market shares. With her ability to clearly relate complex solutions to diverse markets and clients' segments, her leadership and interpersonal skills have enabled her to generate outcomes and long-term business based upon deep and trusted relationships.

For the year ahead, Oceansix has a concrete strategy and corresponding plans to maximize productivity and profitability. The company's commitment to conceiving innovative and sustainable solutions makes these remarkable achievements possible.

To achieve all this, Oceansix has built a new lean management team (new chief executive officer, new chief financial officer and new chairman of the board) and has strengthened the R&D (research and development) department. The appointments of a new CEO and CFO was a perfect addition in top-level management, which will bring fresh expertise to drive the team and company's growth.

This all serves the purpose of the company and its dedicated lean team -- focusing on the implementation of innovating, sustainable projects with disruptive solutions related to sustainable engineering. Oceansix will soon provide an update on the valuable projects the company is about to launch.

About Oceansix Future Paths Ltd.

Oceansix is a global source of radical, sustainable solutions and waste-to-product inventions. Powered by a vision of creating meaningful solutions, Oceansix constantly invents ways of combining advanced technology with sustainable production and products from plastic waste. Oceansix builds successful businesses in global industries while resolving some of Earth's burning challenges. The company is propelled by its circular model, where products are manufactured from waste, and revenue is funnelled to imagine revolutionary ideas for new products with huge market potential and impact.

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