In This Article:
Toronto, Ontario--(Newsfile Corp. - March 28, 2024) - BELGRAVIA HARTFORD CAPITAL INC. (CSE: BLGV) ("Belgravia Hartford", "Belgravia" or the "Company") provided the following update.
Change of Auditors:
Belgravia Hartford has decided to change its auditors from Davidson & Company LLP to MNP LLP. MNP was elected by shareholders of the company at its Annual General Meeting on March 28th 2024.
Annual General Meeting:
On March 28, 2024 Belgravia held its Annual General Meeting. All matters put forward to the shareholders of the company were approved as set out in the company's Information Circular.
13,966,471 shares were voted representing 30.21% of the total shares outstanding.
| Mehdi Azodi | 13,962,580 shares voted For and 3,891 Withheld for 99.97% |
| Hon. Pierre Pettigrew | 13,962,440 shares voted For and 4,031 Withheld for 99.97% |
| Ernest Angelo Jr | 13,944,280 shares voted For and 22,191 Withheld for 99.84% |
An additional 2,706,995 shares representing 5.85% of the company missed the cutoff time to be voted For existing board members.
Mr. John Stubbs has retired from the board of the company at the conclusion of the AGM.
Mehdi Azodi President & CEO said, "John played a great role in the restructuring of the company from IC Potash to Belgravia and was very hands on in mandating various governance initiatives for the company. On behalf of the board we wish John a great retirement and thank him for his efforts on the board since he joined in 2015." Belgravia will announce new board members in the coming months in order to reshape the path of the company and its future business ventures.
About Belgravia Hartford
Belgravia Hartford Capital Inc. ("Belgravia" or the "Company") is a publicly traded investment holding company listed on the Canadian Securities Exchange. Belgravia is focused on growing its assets and holdings and increasing its net asset value (NAV). Belgravia invests in a portfolio of private and public companies located in jurisdictions governed by the rule of law. It takes a multi-sector investment approach with emphasis in the resources and commodities sector. Belgravia and its investments are considered high risk holdings and it may expose shareholders to significant volatility and losses.
For more information, please visit www.belgraviahartford.com
Forward-Looking Statements
Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements include statements that use forward-looking terminology such as "may", "will", "expect", "anticipate", "believe", "continue", "potential" or the negative thereof or other variations thereof or comparable terminology. Such forward-looking statements include, without limitation, statements regarding planned investment activities & related returns, the timing for completion of research and development activities, the potential value of royalties, and other statements that are not historical facts. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to, changes in market trends, the completion, results and timing of research undertaken by the Company, risks associated with resource assets, the impact of general economic conditions, commodity prices, industry conditions, dependence upon regulatory, environmental, and governmental approvals, and the uncertainty of obtaining additional financing. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.