NETWORK MEDIA GROUP ANNOUNCES 2022 AGM RESULTS
VANCOUVER, BC, Dec. 16, 2022 /CNW/ - Network Media Group Inc. (TSXV: NTE) (OTCMKTS: NETWF) (the "Company") is pleased to announce that all matters put forward to its shareholders at the Company's Annual General and Special Meeting of Shareholders (the "AGM") held on Friday, December 16, 2022, were duly approved. Details of the voting results are provided below.
The shareholders were represented in person or by proxy by 20,265,948 Common Shares, representing 22.74% of the Company's outstanding Common Shares.
Immediately following the close of the AGM, the Board of Directors confirmed the appointment of the Company's officers, whose names and respective offices are as follows:
- Derik Murray, Chief Executive Officer
- Paul Gertz, President & Chief Operating Officer
- Darren Battersby, Chief Financial Officer
- Ali Pejman, Chairman
- Tim Gamble, Director
- Steven Kotlowitz, Director
- Dr. Greg Zeschuk, Director
Baker Tilly WM LLP was re-elected as the auditor of the Company for a period extending until the 2023 AGM.
An ordinary resolution of shareholders approving the Company's amendments to the 20% fixed Share Option Plan was also approved.
About Network Media Group / Network Entertainment
Network Media Group is the parent company of Network Entertainment Inc.
Network Entertainment is a creatively driven, boutique film, television, and digital content production company that creates, finances, and produces award-winning programming for television, digital platforms and movie audiences around the world.
The Network premium brand of content delivers world-class casts and features visually cinematic, richly crafted storytelling. The Company's productions are consistently embraced by both audiences and critics alike, garnering awards, record ratings and unparalleled media coverage for Network and its partners. Newly formed Network NFT Studios collaborates with IP owners, artists, and top talent to create, distribute, and monetize NFT campaigns and related initiatives in the digital universe (networknft.ca).
For additional information on Network Entertainment Inc., visit www.networkentertainment.ca
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.
Cautionary Statement on Forward-looking Information
Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. These statements are necessarily based upon management's perceptions, beliefs, assumptions and expectations, as well as a number of specific factors and assumptions that, while considered reasonable by management of the Company as of the date of such statements are inherently subject to significant uncertainties and contingencies that could result in the forward-looking information ultimately, perhaps materially, being incorrect. All forward-looking information in this news release involve known and unknown risks, uncertainties and other factors that are beyond the control of the Company and may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information. Except as required pursuant to applicable securities laws, the Company will not update these forward-looking statements to reflect events or circumstances after the date hereof.
SOURCE Network Media Group Inc.
News published on and distributed by:
