At the Meeting, there were 41 Shareholders represented in person or by proxy holding 20,329,922 common shares in the capital of the Company (“Common Shares”), representing 30.88% of the Company’s issued and outstanding Common Shares as at the record date for the Meeting, which was 65,830,428 Common Shares.
Each nominee listed in the Company’s management information circular dated
Nominee | Votes For: | Votes Withheld: | ||
Number | % | Number | % | |
20,295,986 | 99.97 | 5,400 | 0.03 | |
20,295,986 | 99.97 | 5,400 | 0.03 | |
20,300,186 | 99.99 | 1,200 | 0.01 | |
20,295,986 | 99.97 | 5,400 | 0.03 | |
20,295,986 | 99.97 | 5,400 | 0.03 | |
In addition, at the Meeting, Shareholders: (i) reappointed
Resolution | Votes For: | Votes Withheld: | Votes Against: | |||
Number | % | Number | % | Number | % | |
Reappointment of Auditor | 20,328,509 | 99.99 | 1,412 | 0.01 | 0 | N/A |
Approval of the Equity Incentive Plan Amendment | 20,227,974 | 99.64 | 0 | N/A | 73,412 | 0.36 |
Approval of the Continuance | 20,299,386 | 99.99 | 0 | N/A | 2,000 | 0.01 |
We thank all of our Shareholders who participated at the Meeting.
Equity Incentive Plan Grants
The Company is also pleased to announce the grant of stock options (each, an “Option”) and restricted share units (each, an “RSU”) pursuant to the Equity Incentive Plan. The Company granted an aggregate of 1,815,900 Options and an aggregate of 2,000,000 RSUs to certain certain officers, directors, employees, and consultants of the Company. Each Option is exercisable to purchase one Common Share at a price of
Each RSU granted vests on the one-year anniversary and upon such vesting will be settled into a Common Share.
Certain Options and RSUs (and any Common Shares issuable upon their exercise and settlement) are subject to the Exchange Hold Period pursuant and as defined in the policies of the
About
For additional information, please visit www.nurexone.com or follow NurExone on LinkedIn, Twitter, Facebook, or YouTube.
For more information, please contact:
Dr.
Chief Executive Officer and Director
Phone: +972-52-4803034
Email: info@nurexone.com
Investment Relation -
Phone: +1 905-347-5569
Email: IR@nurexone.com
Dr.
Investment Relation -
Phone: +49-69-1532-5857
Email: e.reuter@dr-reuter.eu
FORWARD-LOOKING STATEMENTS
This press release contains certain “forward-looking statements”, that reflect the Company’s current expectations and projections about its future results. Wherever possible, words such as “may”, “will”, “should”, “could”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict” or “potential” or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. Forward-looking statements in this press release include, but are not limited to, statements relating to the NurExone platform technology offering novel solutions to drug companies.
These statements reflect management’s current beliefs and are based on information currently available to management as at the date hereof. In developing the forward-looking statements in this press release, we have applied several material assumptions, including the general business and economic conditions of the industries and countries in which we operate; the general market conditions; the ability to secure additional funding; and the NurExone platform technology will offer novel solutions to drug companies.
Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. These risks and uncertainties include, but are not limited to risks related to the Company’s early stage of development; lack of revenues to date; government regulation; market acceptance for its products; rapid technological change; dependence on key personnel; protection of the Company’s intellectual property; dependence on the Company’s strategic partners; the fact that preclinical drug development is uncertain, and the drug product candidates of the Company may never advance to clinical trials; the fact that results of preclinical studies and early-stage clinical trials may not be predictive of the results of later stage clinical trials; the uncertain outcome, cost, and timing of product development activities, preclinical studies and clinical trials of the Company; the uncertain clinical development process, including the risk that clinical trials may not have an effective design or generate positive results; the potential inability to obtain or maintain regulatory approval of the drug product candidates of the Company; the introduction of competing drugs that are safer, more effective or less expensive than, or otherwise superior to, the drug product candidates of the Company; the initiation, conduct, and completion of preclinical studies and clinical trials may be delayed, adversely affected or impacted by unforeseen issues; the potential inability to obtain adequate financing; the potential inability to obtain or maintain intellectual property protection for the drug product candidates of the Company; the NurExone platform technology being unable to offer novel solutions to drug companies; and the risks discussed under the heading “Risk Factors” on pages 29 to 36 of the Company’s Annual Information Form dated
Neither TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
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