Mr. Brian Kalish reports
MEDIA CENTRAL ANNOUNCES 2020 AGM RESULTS
Media Central Corporation Inc. has released the results of voting at its annual general and special meeting of shareholders, held today in Toronto, Ont. Company matters submitted to shareholders for approval as set out in the company's notice of meeting and management information circular, both dated May 22, 2020, were approved by the requisite majority of votes cast at the meeting.
Management was pleased with the impressive shareholder engagement demonstrated by a vote of more than 57 per cent of issued and outstanding shares. The requisite majority of shareholders approved:
- Election of directors:
- Brian Kalish;
- Dr. Scott Wilson;
- Gil Steinfeld;
- Larry Latowsky.
- Appointment of auditor:
- Fazzari + Partners LLP was reappointed as auditor of the company for the ensuing year.
- Stock option plan:
- Shareholders approved amendments to, and the renewal of, the company's stock option plan.
Following the endorsement of the shareholders, management is keen to continue the company's corporate and operational plans, including the renewal of several potential acquisitions that were in the later stages of negotiation prior to today's meeting.
Detailed voting results for the meeting will be available on the company's SEDAR page.
About Media Central Corporation Inc.
Media Central is an alternative media company situated to acquire and develop high-quality publishing assets, starting with the recent acquisition of Vancouver Free Press Corp., the purchase of NOW Communications Inc., and the launch of the digital cannabis platform CannCentral and the e-sports destination ECentralSports. Media Central is consolidating and digitally monetizing the over 100 million coveted and premium consumers of the approximately 100 alternative urban publications across North America, creating the most powerful audience of influencers.
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