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MarketScreener Homepage  >  Equities  >  Toronto Stock Exchange  >  Electrovaya Inc.    EFL   CA28617B1013

ELECTROVAYA INC.

(EFL)
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Electrovaya : Announces Change to Location of Annual General Meeting

03/23/2020 | 09:23am EST

Electrovaya Inc. ('Electrovaya' or the 'Company') (TSX:EFL)(OTCQB:EFLVF) announces that it has changed the location of its annual general meeting (the 'Meeting') of holders of common shares of the Company to be held on March 27, 2020 at 4:00 p.m. (Eastern Time) to the Company's head office located at 6688 Kitimat Rd., Mississauga, ON L5N 1P8.

The date and time of the meeting are unchanged. The meeting was previously scheduled to be held at the Toronto offices of Fasken Martineau DuMoulin LLP, 2400 Bay Adelaide Centre, 333 Bay Street, Toronto, Ontario, M5H 2T6

The location of the meeting is being changed due to ongoing concerns, including meeting facility limitations, in response to the ongoing novel coronavirus (COVID-19) pandemic. In order to mitigate risks to the health and safety of shareholders, management, and community at large, the Company, with regret, but in accordance with current public health guidelines, strongly discourages shareholders from physically attending the Meeting and asks that all shareholders vote by proxy prior to the Meeting - but especially if experiencing cold or flu-like systems, or if a shareholder or someone the shareholder has been in close contact with has travelled to or from outside of Canada within 14 days prior to the Meeting. In light of the rapidly evolving news and guidelines related to the COVID-19 outbreak, we ask that, in considering whether to attend the Meeting, shareholders follow the instructions and guidelines of the Public Health Agency of Canada (https://www.canada.ca/en/publichealth/services/diseases/coronavirus-disease-covid-19.html), particularly with respect to 'social distancing' efforts, as well as all additional provincial and local instructions. The Meeting is not a 'virtual meeting', and anyone not physically attending the Meeting in person will not be able to participate. Registered shareholders may and are encouraged to vote by mail, fax or email by completing and returning a signed proxy using the instructions provided in the Company's Form of Proxy, which was mailed to registered shareholders and has been made available on the Company's profile at www.sedar.com. Beneficial owners whose shares are registered in the name of an intermediary may vote by following the instructions provided to them by such intermediary. Comprehensive information with respect to how both registered and non-registered shareholders may vote in advance of the meeting is available in the company's management information circular, also available on the Company's profile at www.sedar.com.

Contact:

Tel: 905-855-4618

Email: jroy@electrovaya.com

(C) 2020 Electronic News Publishing, source ENP Newswire

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Financials (USD)
Sales 2021 44,0 M - -
Net income 2021 4,04 M - -
Net Debt 2021 - - -
P/E ratio 2021 43,7x
Yield 2021 -
Capitalization 184 M 183 M -
Capi. / Sales 2021 4,17x
EV / Sales 2022
Nbr of Employees 37
Free-Float 58,0%
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Income Statement Evolution
Consensus
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Mean consensus BUY
Number of Analysts 1
Average target price 1,56 $
Last Close Price 1,31 $
Spread / Highest target 19,3%
Spread / Average Target 19,3%
Spread / Lowest Target 19,3%
EPS Revisions
Managers and Directors
NameTitle
Sankar Das Gupta President, Chief Executive Officer & Director
Richard Peter Halka Chief Financial Officer & Executive Vice President
Alexander McLean Chairman
James K. Jacobs Independent Director
Carolyn Hansson Independent Director
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