VANCOUVER, March 31, 2020 /CNW/ - TIMIA Capital Corporation ("TIMIA" or the "Company") (TSX-V:TCA) today announced the results of its 2020 Special Shareholder Meeting ("Special Meeting") with the following voting results.
Approximately 65% of the total outstanding shares (or 25,899,479 shares) were represented at the Special Meeting with 15,510,533 shares voted in favor for the Capital Alteration item on the proxy, 15,510,533 shares voted in favor for the creation of Series A Preferred Shares item on the proxy, and 15,510,533 shares voted in favor for the Advance Notice Provisions item on the proxy.
For the complete Form of Proxy and Information Circular, click HERE to reach the Company's SEDAR filings.
About TIMIA Capital Corporation
TIMIA Capital Corporation is a specialty finance company that provides growth capital to technology companies in exchange for payments based on monthly revenue. This alternative financing option complements both debt and equity financing, while allowing entrepreneurs and existing stakeholders to retain ownership and control of their business. TIMIA's singular focus is the fast growing, global, business-to-business Software-as-a-Service (or SaaS) segment. We align ourselves with entrepreneurial management teams growing their sales from $1 Million to $10 Million in Annual Recurring Revenue. For more information about TIMIA Capital Corporation, please visit www.timiacapital.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 news release.
SOURCE TIMIA Capital Corp.
For further information: Darren Seed, Vice President, Capital Markets & Communications; Mike Walkinshaw, CEO, TIMIA Capital Corporation, (604) 398-8839, [email protected]