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VANCOUVER, Nov. 10, 2017 /CNW/ - Assure Holdings Corp. (the "Company" or "Assure") (TSXV: IOM; OTCQB: ARHH), a company that works with neurosurgeons to provide a turnkey suite of services that support intraoperative neuro-monitoring activities during invasive surgeries, is pleased to announce that it held its annual and special meeting of shareholders (the "Meeting") on Thursday, November 9, 2017, at which all director nominees were unanimously elected as directors of the Company and all other resolutions were passed as set out below.
24,902,418 shares, representing 70.84% of the outstanding shares represented at the meeting, all voted unanimously for each of the directors. "We are very pleased with voter turnout and believe the results of this meeting will strengthen the Company from a corporate and administrative perspective going forward," said Preston Parsons, Chief Executive Officer and Executive Chairman of the Company. "I would also like to thank our board of directors: Matthew Willer, President and Corporate Secretary, Martin Burian and John Farlinger for their dedicated service to the company and its shareholders. I look forward to working with everyone to continue to improve our growth and expansion."
In addition, all other items of business at the Meeting, being the appointment of auditors (99.98%), the re‐ approval of the stock option plan (98.21%) and the ratification of the new by-laws of the Company (98.21%), were also approved by the shareholders.
On the vote pertaining to the approval of the new by-laws of the Company, shareholders elected to approve a provision requiring that advance notice be given for the nomination of a director to the board of directors of Assure and to approve a forum selection provision requiring certain corporate disputes to be litigated in Colorado.
About Assure Holdings Corp.
Assure Holdings Corp. is a Colorado-based company that works with neurosurgeons and orthopedic spine surgeons to provide a turnkey suite of services that support intraoperative neuromonitoring activities during invasive surgeries. Assure: (i) employs its own staff of technologists and uses its own state of the art monitoring equipment, (ii) handles 100% of intraoperative neuromonitoring scheduling and setup, and (iii) bills for all technical services provided. While Assure focuses primarily on supporting spinal surgeries, plans are in place to support other classes of medicine that rely on the standard of care that intraoperative neuromonitoring provides. For more information, visit the Company's website at www.assureIOM.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 release.
The securities of the Corporation have not been and will not be registered under the United States Securities Act of 1933, as amended and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirement. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release contains certain statements that may constitute forward-looking information under applicable securities laws. All statements, other than those of historical fact, which address activities, events, outcomes, results, developments, performance or achievements that Assure anticipates or expects may or will occur in the future (in whole or in part) should be considered forward-looking information. Such information may involve, but is not limited to, comments with respect to strategies, expectations, planned operations and future actions of the Company. Often, but not always, forward-looking information can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results "may", "could", "would", "might" or "will" (or other variations of the forgoing) be taken, occur, be achieved, or come to pass. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of Assure to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to Assure, including information obtained from third-party industry analysts and other third party sources, and are based on management's current expectations or beliefs regarding future growth, results of operations, future capital (including the amount, nature and sources of funding thereof) and expenditures. Any and all forward-looking information contained in this press release is expressly qualified by this cautionary statement.
SOURCE Assure Holdings Corp.
For further information: Matthew Willer, President, Assure Holdings Corp., Tel: (720) 287-3093, Email: [email protected]