- amendments to the Company's stock option plan to, among other things, to become a 10% rolling option plan prior to the Company completing its Qualifying Transaction in accordance with Exchange policies (a "QT");
- removal of the consequences associated with the Company not completing a QT within 24 months of the Company's date of listing on the Exchange;
- amendments to the escrow release conditions and certain other provisions of the Company's escrow agreement, including allowing the Company's escrowed securities to be subject to an 18-month escrow release schedule;
- permitting payment of a finder's fee or commission to a Non-Arm's
Length Party to the Company upon completion of a QT; - the appointment of
Richter LLP as the auditor of the Company for the ensuing year; - setting the number of directors of the Company at four; and
- the election of
Kelly Hanczyk , Theodore Manziaris,Deborah Bell andDavid Davies as directors of the Company until Trillium's next annual general meeting or until such time as their successors are duly elected or appointed in accordance with the Business Corporations Act and the Company's constating documents.
Please refer to the Company's
Trillium is a CPC within the meaning of the policies of the
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
SOURCE
© Canada Newswire, source