Axion Ventures Announces Election of Directors and Other Voting Results

Canada NewsWire

VANCOUVERDec. 18, 2018 /CNW/ – Axion Ventures Inc. (“Axion Ventures” or the “Company”) (TSXV:AXV; OTCQX:AXNVF) is pleased to announce that at its annual and special meeting held Monday, December 17, 2018 (the “Meeting”), all of the nominees for election as directors of the Company referred to in its information circular dated November 16, 2018, available on SEDAR at www.sedar.com, were elected as directors of the Company for the ensuing year or until their successors are elected or appointed.

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A total of 143,049,241 votes were represented at the Meeting. As a ballot was not required, the voting results in the table below reflect proxies received in respect of the election of directors of the Company and other voting items:

Motions

Number of Shares

Percentage of Votes Case

For

Against

Withheld/

Abstain

Restricted

For

Against

Withheld/ 
Abstain

Number of Directors

110,049,241*

0

0

33,000,000

100%

0%

0%

Election of Directors:

             

John Todd Bonner

96,964,833*

0

13,084,408

33,000,000

88.11%

0%

11.89%

Grant Kim

110,049,241*

0

0

33,000,000

100%

0%

0%

Stephen Willey

98,049,242*

0

11,999,999

33,000,000

89.10%

0%

10.90%

Yoshihiro Obata

110,049,241*

0

0

33,000,000

100%

0%

0%

Appointment of Auditors

110,047,741*

0

1,500

33,000,000

100%

0%

0%

Approval of Stock Option Plan

110,049,241*

0

0

33,000,000

100%

0%

0%

Approval of Performance

Escrow Agreement Amendment

64,901,568**

1,085,909

0

77,061,764

98.35%

1.65%

0%

*Excluding 33,000,000 shares held in performance escrow

**Excluding 77,061,764 shares held by interested shareholders

About Axion Ventures

Axion Ventures is an Investment Issuer with majority ownership in Axion Games, an online video game development and publishing company headquartered in Shanghai, China as well as in True Axion Interactive Ltd., its video game development company headquartered in Bangkok, Thailand cofounded with True Corporation. Axion Ventures also maintains holdings in other innovative technology companies.  

www.axionventures.com

Axion Ventures Inc. is listed on the TSX Venture Exchange under the symbol (TSXV: AXV).

Neither the 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.

 

SOURCE Axion Ventures Inc.

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