Duncan Park Holdings Corporation Announces Results of Annual and Special Meeting
Toronto, Ontario - (Newsfile Corp. – July 2, 2020) - Duncan Park Holdings Corporation (OTC Pink: DCNPF) (the “Company” or “Duncan Park”) today announced the results of its 2020 Annual and Special Meeting of shareholders held on Tuesday, June 30, 2020 in Toronto, Canada.
At the meeting shareholders approved all the resolutions detailed in the management information circular of the Company dated May 29, 2020 (the “Circular”), namely:
- Fixing the size of the Board of Directors of the Company at five.
- Electing all the management nominees to the Board of Directors of the Company;
- Re-appointing Clearhouse LLP as auditor of the Company for the ensuing year and authorizing the directors to determine the auditor’s compensation;
- Confirming and ratifying the Company’s stock option plan;
- Approving a special resolution authorizing a change of name of the Company to "Psyched Wellness Ltd." or such other name as the Board of Directors of the Company may choose, acting in the best interests of the Company; and
- Approving a special resolution authorizing the Board of Directors of the Company to fix from time to time the number of directors to be elected at annual general meetings of the shareholders of the Company within the minimum and maximum number of directors permitted by the Company's articles.
A total of 42,379,816 common shares of the Company were voted at the meeting, representing approximately 52.68% of the issued and outstanding common shares of the Company and all matters received the approval of more than 99% of the shares voted thereon.
The Company will make arrangements to complete the name change and will make a further announcement when the effective date of the name change is known.