Click here to close now.

Welcome!

News Feed Item

BENEV Capital Inc. Reports Voting Results for Election of Directors and Amendments to Stock Option Plan

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 07/01/14 -- BENEV Capital Inc. (TSX VENTURE:BEV.H) ("BENEV") announced today that at the annual general and special meeting (the "Meeting") of shareholders of BENEV (the "Shareholders") that was held today, all seven (7) nominees for the board of directors were elected, the voting results of which are as follows:


----------------------------------------------------------------------------
                                             Number of   Percentage of Votes
Director                                        Shares        Cast (rounded)
----------------------------------------------------------------------------
James Farrar        Votes For:              27,694,670                99.56%
                    --------------------------------------------------------
                    Votes Withheld:            121,722                 0.44%
----------------------------------------------------------------------------
Mitchell Gropper    Votes For:              26,414,489                94.96%
                    --------------------------------------------------------
                    Votes Withheld:          1,401,903                 5.04%
----------------------------------------------------------------------------
Lawrence Haber      Votes For:              26,349,089                94.73%
                    --------------------------------------------------------
                    Votes Withheld:          1,467,303                 5.27%
----------------------------------------------------------------------------
Livia Mahler        Votes For:              27,708,170                99.61%
                    --------------------------------------------------------
                    Votes Withheld:            108,222                 0.39%
----------------------------------------------------------------------------
John Albright       Votes For:              27,084,170                97.37%
                    --------------------------------------------------------
                    Votes Withheld:            732,222                 2.63%
----------------------------------------------------------------------------
Arthur Mesher       Votes For:              27,082,214                97.36%
                    --------------------------------------------------------
                    Votes Withheld:            734,178                 2.64%
----------------------------------------------------------------------------
Paul Sparkes        Votes For:              27,082,214                97.36%
                    --------------------------------------------------------
                    Votes Withheld:            734,178                 2.64%
----------------------------------------------------------------------------

Full details of the foregoing are contained in the Report of Voting Results for the Meeting to be filed on SEDAR at ww.sedar.com.

BENEV is also pleased to announce that at the Meeting, Shareholders also approved the proposed amendments to BENEV's stock option plan (the "Plan"), which also received conditional approval by the NEX Board of the TSX Venture Exchange (the "NEX Board"), subject to Shareholder approval. While the common shares of BENEV are listed on the NEX Board, the maximum number of common shares which may be reserved for issuance or issued in any one-year period shall not exceed 10% of the common shares issued and outstanding of BENEV. Currently, 3,877,890 of common shares of BENEV are reserved for issuance under the Plan.

Forward Looking Statements

Certain statements contained in this press release may constitute forward-looking statements which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "project", "should", "believe", "confident", "plan" and "intends" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements may relate to the BENEV board of directors or management's future outlook and anticipated events or results, and may include statements or information regarding the future business strategy and strategic goals, plans and objectives of, or involving, BENEV.

Forward-looking statements are based on certain factors and assumptions regarding, among other things, market acceptance of BENEV's corporate strategy and corporate endeavours and the success of BENEV's announced corporate strategy and future transactions, including the completion or success of proposed royalty acquisitions, the ability to pay substantial dividends and an amendment to BENEV's shareholder rights plan. There can be no assurance that that these assumptions will prove to be correct. Given these uncertainties, readers are cautioned that forward-looking statements included in this press release are not guarantees of future performance, and such forward-looking statements should not be unduly relied upon. These statements speak only as of the date of this press release. BENEV undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law.

All of the forward-looking statements made in this Press Release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, BENEV.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts:
BENEV Capital Inc.
Sean Morrison
President
604-235-3146

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
SYS-CON Events announced today that Harbinger Systems will exhibit at SYS-CON's 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Harbinger Systems is a global company providing software technology services. Since 1990, Harbinger has developed a strong customer base worldwide. Its customers include software product companies ranging from hi-tech start-ups in Silicon Valley to leading product companies in the US a...
Containers are revolutionizing the way we deploy and maintain our infrastructures, but monitoring and troubleshooting in a containerized environment can still be painful and impractical. Understanding even basic resource usage is difficult – let alone tracking network connections or malicious activity. In his session at DevOps Summit, Gianluca Borello, Sr. Software Engineer at Sysdig, will cover the current state of the art for container monitoring and visibility, including pros / cons and liv...
In his session at 16th Cloud Expo, Simone Brunozzi, VP and Chief Technologist of Cloud Services at VMware, reviewed the changes that the cloud computing industry has gone through over the last five years and shared insights into what the next five will bring. He also chronicled the challenges enterprise companies are facing as they move to the public cloud. He delved into the "Hybrid Cloud" space and explained why every CIO should consider ‘hybrid cloud' as part of their future strategy to achie...
DevOps Summit, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development...
"A lot of the enterprises that have been using our systems for many years are reaching out to the cloud - the public cloud, the private cloud and hybrid," stated Reuven Harrison, CTO and Co-Founder of Tufin, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
The last decade was about virtual machines, but the next one is about containers. Containers enable a service to run on any host at any time. Traditional tools are starting to show cracks because they were not designed for this level of application portability. Now is the time to look at new ways to deploy and manage applications at scale. In his session at @DevOpsSummit, Brian “Redbeard” Harrington, a principal architect at CoreOS, will examine how CoreOS helps teams run in production. Attende...
The time is ripe for high speed resilient software defined storage solutions with unlimited scalability. ISS has been working with the leading open source projects and developed a commercial high performance solution that is able to grow forever without performance limitations. In his session at Cloud Expo, Alex Gorbachev, President of Intelligent Systems Services Inc., shared foundation principles of Ceph architecture, as well as the design to deliver this storage to traditional SAN storage co...
Internet of Things (IoT) will be a hybrid ecosystem of diverse devices and sensors collaborating with operational and enterprise systems to create the next big application. In their session at @ThingsExpo, Bramh Gupta, founder and CEO of robomq.io, and Fred Yatzeck, principal architect leading product development at robomq.io, discussed how choosing the right middleware and integration strategy from the get-go will enable IoT solution developers to adapt and grow with the industry, while at th...
In the midst of the widespread popularity and adoption of cloud computing, it seems like everything is being offered “as a Service” these days: Infrastructure? Check. Platform? You bet. Software? Absolutely. Toaster? It’s only a matter of time. With service providers positioning vastly differing offerings under a generic “cloud” umbrella, it’s all too easy to get confused about what’s actually being offered. In his session at 16th Cloud Expo, Kevin Hazard, Director of Digital Content for SoftL...
Live Webinar with 451 Research Analyst Peter Christy. Join us on Wednesday July 22, 2015, at 10 am PT / 1 pm ET In a world where users are on the Internet and the applications are in the cloud, how do you maintain your historic SLA with your users? Peter Christy, Research Director, Networks at 451 Research, will discuss this new network paradigm, one in which there is no LAN and no WAN, and discuss what users and network administrators gain and give up when migrating to the agile world of clo...
17th Cloud Expo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterprises ar...
Agile, which started in the development organization, has gradually expanded into other areas downstream - namely IT and Operations. Teams – then teams of teams – have streamlined processes, improved feedback loops and driven a much faster pace into IT departments which have had profound effects on the entire organization. In his session at DevOps Summit, Anders Wallgren, Chief Technology Officer of Electric Cloud, will discuss how DevOps and Continuous Delivery have emerged to help connect dev...
"We help to transform an organization and their operations and make them more efficient, more agile, and more nimble to move into the cloud or to move between cloud providers and create an agnostic tool set," noted Jeremy Steinert, DevOps Services Practice Lead at WSM International, in this SYS-CON.tv interview at @DevOpsSummit, held June 9-11, 2015, at the Javits Center in New York City.
SYS-CON Events announced today that Secure Infrastructure & Services will exhibit at SYS-CON's 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Secure Infrastructure & Services (SIAS) is a managed services provider of cloud computing solutions for the IBM Power Systems market. The company helps mid-market firms built on IBM hardware platforms to deploy new levels of reliable and cost-effective computing and hig...
"AgilData is the next generation of dbShards. It just adds a whole bunch more functionality to improve the developer experience," noted Dan Lynn, CEO of AgilData, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.