LAS VEGAS, NV and LEVIS, QC, May 12, 2016 /CNW Telbec/ - DEQ Systems Corp. (TSXV: DEQ) ("DEQ") is pleased to announce that each of the four director nominees listed in the management information circular of DEQ dated March 31, 2016 were elected as directors of DEQ at the annual and special meeting of shareholders of DEQ, which took place on May 11, 2016. Based on proxies received prior to the meeting and votes cast in person at the meeting, each director nominee was elected by a substantial majority.
At the meeting, the shareholders of DEQ also approved: (i) the appointment of the auditor of DEQ and authorized the directors to fix its remuneration, (ii) the new general by-laws of DEQ, and (iii) an amendment to DEQ's stock option plan in order to change the stock option plan into a "10% rolling" stock option plan, which amendment is subject to the approval of the TSX Venture Exchange.
For more details on the matters covered at the annual meeting, please refer to DEQ's management information circular dated March 31, 2016, available on SEDAR at www.sedar.com.
DEQ Systems Corp. (TSXV: DEQ) is one of the market leaders in Table Game Systems, Proprietary Table Games, and Utility solutions. DEQ's systems and games are installed in over 300 casinos, in 30 countries around the world. The combination of our services, industry leading products and revenue generation capabilities make DEQ a leader for innovation in the table game bonusing segment of the global gaming market. For further information, please visit www.deq.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.
SOURCE DEQ SYSTEMS CORP.
For further information: Joseph Bertolone, President & Chief Executive Officer, DEQ Systems Corp., p: (775) 450-0115, e: [email protected]; Christopher Benak, Chief Financial Officer, DEQ Systems Corp., p: (702) 533-4431, e: [email protected]