Findev Inc. Announces AGM Results

In This Article:

TORONTO, ON / ACCESSWIRE / JUNE 30, 2022 / Findev Inc. ("Findev" or the "Corporation") (TSXV:FDI), held its Annual General Meeting ("AGM") of Shareholders of the Corporation in Toronto on Wednesday June 30, 2022.

The results of the Shareholders' voting was as follows:

  • each Devon Cranson, Niall Finnegan, Anthony Heller, David Roff, Brice Scheshuk and Sruli Weinreb received in excess of 99.9% of the votes cast to be re-elected as director to serve until the next AGM or upon their resignation;

  • 100% of the votes cast voted in favour of re-appointing Dale Matheson Carr-Hilton Labonte LLP as the Corporation's external auditors; and

  • 99.94% the votes cast were in favour of the renewal of the Corporation's incentive Stock Option Plan.

Of 28,647,441 common shares issued and outstanding, 13,800,262 common shares were voted via proxy and 1,000 common shares in person representing 48.18%, being held by a total of 31 Shareholders.

About Findev

Findev is a publicly traded real estate finance company focused on financing real estate developers with shorter-term loans of one to five years during the development or redevelopment process. Loans are secured by investment properties and real estate developments throughout the Greater Toronto Area. Findev's unique market advantages include its expertise in real estate development and access to its real estate development partners. As a result, Findev is uniquely suited to assist developers engaged in challenging projects. For further information please visit Findev's website at www.findev.ca.

On behalf of the Company,

Sruli Weinreb, CEO
(647) 789 - 5188
sweinreb@findev.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.

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Forward-Looking Statements

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