/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES
OR FOR DISSEMINATION IN THE UNITED
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VANCOUVER, BC, July 5, 2021 /CNW/ - Kadestone Capital Corp.
("Kadestone" or the "Company") (TSX-V: KDSX) (OTCB: KDCCF), a
vertically integrated property company, is pleased to announce the
results of the votes on matters considered at its annual general
meeting of shareholders of the Company ("Shareholders") held on
June 25, 2021 in Vancouver, British Columbia (the
"Meeting").
At the Meeting, the Shareholders re-elected to the board of
directors, by ordinary resolution, Brent
Billey, David Negrin,
Norm Mayr, Michael Geller and Jacqueline Tucker, to serve in office until the
next annual meeting of Shareholders or until their successors are
duly elected or appointed.
In addition, at the Meeting, the Shareholders approved: (i) the
re-appointment of Davidson & Company LLP as auditors of the
Company; and (ii) the Company's existing stock option plan.
About Kadestone
Kadestone was established to pursue the investment in,
development, acquisition, and management of residential and
commercial income producing properties within major urban centres
and high-growth, emerging markets in Canada. The Company
operates five complimentary business lines spanning building
materials procurement and supply, property development and
construction, construction finance, asset ownership, and property
management. These synergistic business lines have solidified
Kadestone's vision to become a market leading vertically integrated
property company. Additional information can be found
at www.kadestone.com.
ON BEHALF OF THE BOARD
(signed) "Brent Billey"
President, CEO and Director
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Cautionary Statement Regarding Forward- Looking Statements
Certain information in this press release, including, but not
limited to, statements regarding the Company's vision to
become a leading vertically integrated property company, may
constitute forward looking information (collectively,
forward-looking statements), which can be identified by the use of
terms such as "may," "will," "should," "expect," "anticipate,"
"project," "estimate," "intend," "continue" or "believe" (or the
negatives) or other similar variations. Because of various risks
and uncertainties, including those referenced below, actual events
or results may differ materially from those reflected or
contemplated in such forward-looking statements. As a result, you
should not rely on such forward-looking statements. Additional
information identifying assumptions, risks and uncertainties
relating to Kadestone is contained in Kadestone's filings with the
Canadian securities regulators available at www.sedar.com. These
risks include those described in the "Risk Factors" section
of the Company's final prospectus dated September 2, 2020 and in the Management's
Discussion and Analysis for the years ended December 31, 2019 and 2020. The
forward-looking statements in this press release are applicable
only as of the date of this release or as of the date specified in
the relevant forward-looking statement.
SOURCE Kadestone Capital Corp.