Currency Exchange International Announces Voting Results from Annual General Meeting March 15, 2018
March 16 2018 - 4:30PM
Currency Exchange International, Corp. (TSX:CXI)
(OTC Pink:CURN)
(the "Company") is pleased to
announce the detailed voting results for the election of its Board
of Directors, which took place at the Company's Annual General
Meeting held on March 15, 2018 (the "Meeting"). The nominees listed
in the management information circular dated January 24, 2018 were
elected as directors of the Company at the Meeting. Detailed
results of the vote are set out below:
Nominee |
Votes For |
% |
Withheld |
% |
Randolph W. Pinna |
4,336,325 |
99.83 |
7,190 |
0.17 |
Joseph August |
4,336,325 |
99.83 |
7,190 |
0.17 |
Chirag Bhavsar |
4,333,825 |
99.78 |
9,690 |
0.22 |
Mark Mickleborough |
4,041,914 |
93.06 |
301,601 |
6.94 |
Linda A. Stromme |
4,336,925 |
99.85 |
6,590 |
0.16 |
V. James Sardo |
4,132,761 |
95.15 |
210,754 |
4.85 |
Chitwant Kohli |
4,341,704 |
99.96 |
1,811 |
0.04 |
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING
INFORMATION
This press release includes forward-looking
information within the meaning of applicable securities laws. This
forward-looking information includes, or may be based upon,
estimates, forecasts and statements as to management’s expectations
with respect to, among other things, demand and market outlook for
wholesale and retail foreign currency exchange products and
services, proposed entry into the Canadian financial services
industry, future growth, the timing and scale of future business
plans, results of operations, performance, and business prospects
and opportunities. Forward-looking statements are identified by the
use of terms and phrases such as “anticipate”, “believe”, “could”,
“estimate”, “expect”, “intend”, “may”, “plan”, “predict”,
“preliminary”, “project”, “will”, “would”, and similar terms and
phrases, including references to assumptions.
Forward-looking information is based on the
opinions and estimates of management at the date such information
is provided, and on information available to management at such
time. Forward-looking information involves significant risks,
uncertainties and assumptions that could cause the Company’s actual
results, performance or achievements to differ materially from the
results discussed or implied in such forward-looking information.
Actual results may differ materially from results indicated in
forward-looking information due to a number of factors including,
without limitation, the competitive nature of the foreign exchange
industry, currency exchange risks, the need for the Company to
manage its planned growth, the effects of product development and
the need for continued technological change, protection of the
Company’s proprietary rights, the effect of government regulation
and compliance on the Company and the industry in which it
operates, network security risks, the ability of the Company to
maintain properly working systems, theft and risk of physical harm
to personnel, reliance on key management personnel, global economic
deterioration negatively impacting tourism, volatile securities
markets impacting security pricing in a manner unrelated to
operating performance and impeding access to capital or increasing
the cost of capital as well as the factors identified throughout
this press release and in the section entitled “Risks and
Uncertainties” of the Company’s Management’s Discussion and
Analysis for Year Ended October 31, 2017. The forward-looking
information contained in this press release represents management’s
expectations as of the date hereof (or as of the date such
information is otherwise stated to be presented) and is subject to
change after such date. The Company disclaims any intention or
obligation to update or revise any forward-looking information
whether as a result of new information, future events or otherwise,
except as required under applicable securities laws.
The Toronto Stock Exchange does not accept
responsibility for the adequacy or accuracy of this press release.
No stock exchange, securities commission or other regulatory
authority has approved or disapproved the information contained in
this press release.
Contact Information
For further information please contact:
Bill Mitoulas
Investor Relations
(416) 479-9547
Email: bill.mitoulas@ceifx.com
Website: www.ceifx.com
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