(TheNewswire)
Vancouver, BC – TheNewswire- October 5, 2023 – DGL Investments No. 1 Inc.(TSXV:DGL.P) (the “Company”) is pleased to announce that allproposed resolutions were approved at the Company’s Annual GeneralMeeting of shareholders held on October 3, 2023.
A total of 2,805,001 shares were voted, representing56.10% of total shares issued and outstanding as of the record date.Shareholders unanimously voted in favor of all the resolutionsproposed by the Board of Directors and management of the Company asfollows:
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The number of directors of the Company was set at four(4) and shareholders approved the re-election of Gurpreet S. Sangha,Alnesh P. Mohan. Larry K. Doan and Luis H. Goyzueta as directors ofthe Company.
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Davidson Company LLP, Chartered ProfessionalAccountants, were re-appointed as auditors of the Company for theensuing year and the directors have been authorized to fix theirremuneration.
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The Company’s amended and restated stock option planwas approved and ratified by the shareholders.
The Company would like to thank its shareholders fortheir continued support.
About DGL Investments No. 1 Inc.
The Company is a capital pool company (“CPC”)within the meaning of the policies of the TSX Venture Exchange. TheCompany has not commenced operations and has no assets other thancash. The Company proposes to identify and evaluate business andassets with a view to completing a "Qualifying Transaction"under the TSX Venture Exchange Policy 2.4 – Capital Pool Companies.
For further information contact:
Gurpreet S. Sangha, President and CEO
Telephone: 778-245-2282
Email: gsangha2x4@hotmail.com
Investors arecautioned that trading in the securities of a CPC should be consideredhighly speculative.
Neither TSXVenture Exchange nor its Regulation Services Provider (as that term isdefined in the policies of the TSX Venture Exchange) acceptsresponsibility for the adequacy or accuracy of this release.
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