PWWBF - NetworkNewsBreaks - PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Announces Annual General Meeting Results
PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA), today announced the results of voting at its Annual General Meeting of Shareholders held in Burlington, Ontario, Canada on Wednesday, July 29, 2020. According to the update, shareholders voted in favor of all items put forward by the Board of Directors and management. In addition, PowerBand announced that, as a term of the July 19, 2019 unit purchase agreement to acquire a 60% interest of MUSA Holdings, LLC, it has issued 900,000 common shares of PBX to MUSA Companies, LLC on the one-year anniversary of the acquisition.
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About PowerBand Solutions Inc.
PowerBand Solutions, listed on the TSX Venture Exchange and the OTCQB markets, is a fintech provider disrupting the automotive industry. PowerBand's integrated, cloud-based transaction platform facilitates transactions amongst consumers, dealers, funders and manufacturers (“OEMs”). It enables them to buy, sell, trade, finance, and lease new and used, electric- and non-electric vehicles, on smart phones or any other online digital devices, from any location. PowerBand's transaction platform - being trademarked under DRIVRZ - is being made available across North American and global markets. For more information, visit www.PowerBandSolutions.com.
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