TSX Venture Exchange: CQV
ST. JOHN'S, Dec. 18, 2012 /CNW/ - Canadian Imperial Venture Corp. (the
"Company") (TSXV: CQV) announces that at its Annual and Special General
Meeting (ASGM) held on December 14, 2012, all resolutions proposed to
shareholders were duly passed.
The following individuals were re-elected to the Board of Directors:
At the ASGM, Davidson & Company LLP of Vancouver, BC was elected as the
Company's Auditors and the Company's Stock Option Plan was approved by
disinterested shareholders. As well, the Board of Directors were given
approval to use their discretion to implement the consolidation of the
issued and outstanding common shares of the Company on a basis of one
(1) new share for up to ten (10) old shares or such fewer number of old
shares as the directors may determine. No other business was conducted
at the meeting.
The Company also announces the cancellation of the private placement
announced on September 26, 2012.
Canadian Imperial Venture Corp. is an independent Canadian-based
CANADIAN IMPERIAL VENTURE CORP.
Gerard Edwards, President and CEO
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ACCURACY OF THIS PRESS RELEASE.
This release may include certain forward looking statements which
reflect beliefs, expectations, objectives and goals which are believed
to be reasonable at the time such statements are made. Actual results
could differ materially from anticipated results and may be impacted
upon such factors as commodity prices, political developments, legal
decisions, market and economic conditions, industry competition, the
weather, changes in financial markets and changing legislation.
SOURCE: CANADIAN IMPERIAL VENTURE CORP.
For further information:
Canadian Imperial Venture Corp.
P.O. Box 6232, Stn. C
St. John's, NL A1C 6J9
Tel.: (709) 739-6700 / Fax: (709) 739-6605
E-mail: email@example.com / website: www.canadianimperial.com