TORONTO,
Jan. 9, 2014 /CNW/ - Everfront
Ventures Corp. ("Everfront" or the "Company") (TSXV:
EVC.P) is pleased to announce that each of the matters set out in
the Company's management information circular dated December 15, 2013 (the "Circular") for the
annual and special meeting of shareholders held January 8, 2014 (the "Meeting") were
approved by the requisite majority of shareholders. In particular,
two special resolutions were approved in furtherance of the
intended business combination with Global Gardens Group Inc.
previously announced on December 4,
2013. The first authorizes the Board of Directors (the
"Board") to change the name of the Company in conjunction
with the business combination, while the second authorizes the
Board to consolidate the common shares of the Company, subject to
the approval of the applicable regulatory authorities. Both
resolutions were approved by 100% of the votes cast.
Further, each of the director nominees listed in
the Circular were elected as directors of the Company. Voting
results for the individual directors are as follows:
| Name of Nominee |
Votes For |
Percentage of Total
Votes |
| Joshua Gerstein |
3,203,000 |
99.8% |
| Leonidas Karabelas |
3,203,000 |
99.8% |
| Eric Fredrickson |
3,203,000 |
99.8% |
| Linda Dundas |
3,203,000 |
99.8% |
Final results on all matters voted at the
Meeting will be filed shortly with the Canadian securities
regulators.
About Everfront
Everfront Ventures Corp. is a capital pool
company listed on the TSXV. Everfront was established pursuant to
TSXV Policy 2.4 - Capital Pool Companies which permits an
initial public offering and a TSXV listing by a newly created
company that has no assets, other than cash, and has not commenced
commercial operations. The principal business of Everfront has been
the identification and evaluation of assets with a view to
completing a qualifying transaction.
SOURCE Everfront Ventures Corp.