AlphaGen Announces Results of ASGM and Share Consolidation

AlphaGen Announces Results of ASGM and Share Consolidation

Benzinga
March 26, 2025

VANCOUVER, British Columbia, March 26, 2025 (GLOBE NEWSWIRE) -- AlphaGen Intelligence Corp. (CSE:AIC, OTC:APETF, FSE: W4V)) ("AlphaGen" or the "Company"), a leader in AI technology for 3D content, gaming, entertainment and retail, is pleased to announce the results of its Annual General and Special Meeting ("Meeting") held Friday, March 21, 2025. Details of the matters approved at the Meeting are set out in the Company's Management Information Circular dated February 12, 2025, which can be found on the Company's website at https://www.alphagen.co and on SEDAR+ at www.sedarplus.ca under the Company's profile.

At the Meeting, the Company received majority approval to all matters brought before shareholders, including the reappointment of Messrs. Sparkes, Dusenbury, Anastas and Aujla to the Company's board of directors ("Board") for the ensuing year. Mr. Parmar did not stand for re-election. The Company extends its gratitude to Mr. Parmar for his expertise and valuable contributions to the Company during his tenure and wishes him success in his future endeavors.

Each of the Circular and form of proxy previously distributed to registered and beneficial shareholders in connection with the Meeting confers discretionary authority upon management (or such other person designated as proxyholder therein) to vote on amendments or variations of matters which had been coming before the Meeting. At the Meeting, Management stated that Charlton & Company, Chartered Professional Accountants had replaced DeVisser Gray LLP, Chartered Accountants as Auditor of the Company as announced October 4, 2024. The Company therefore amended the resolution presented in the Circular and form of proxy to reflect all proxies being voted by management to approve the appointment of Charlton & Company, Chartered accountants as auditor of the Company for the ensuing year at a remuneration to be fixed by the Company's Board of Directors.

Shareholders also passed a special resolution approving the consolidation of all of the issued and outstanding common shares of the Company ("Common Shares"), on a ...

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