MONTREAL, April 25,
2024 /CNW/ - Valeo Pharma Inc. (TSX: VPH) (OTCQB:
VPHIF) (FSE: VP2) ("Valeo" or the "Company"), a
Canadian pharmaceutical company, today announced the results of the
matters submitted to shareholders at its annual meeting of
shareholders held on April 25, 2024
(the "Meeting").
Election of Directors
All director nominees set out in the Management Information
Circular dated March 22, 2024, were elected as directors, to
serve until the next meeting of shareholders of the Company or
until their successors are elected or appointed.The results of the
vote for those elected as directors are as follows:
Nominees
|
Votes
For
|
Votes
Against
|
|
Number of
Shares
|
%
|
Number of
Shares
|
%
|
Steve Saviuk
|
51,134,104
|
91.98
|
4,461,340
|
8.02
|
Richard
MacKay
|
51,101,754
|
91.92
|
4,493,690
|
8.08
|
Marc Léger
|
51,135,104
|
91.98
|
4,460,340
|
8.02
|
Richard
Lajoie
|
54,233,975
|
97.55
|
1,361,469
|
2.45
|
Robert Raich
|
55,232,975
|
99.35
|
362,469
|
0.65
|
Charles
Bisaillon
|
47,810,535
|
86.00
|
7,784,909
|
14
|
Al Moghaddam
|
55,232,975
|
99.35
|
362,469
|
0.65
|
Appointment of the auditor
The Company's shareholders also appointed Audacie Inc. as
auditor of the Company for the ensuing year at a remuneration to be
fixed by the directors.The results of the vote for the appointment
of Audacie Inc. as the auditor for Valeo are as follows:
|
Votes
For
|
Votes
Withheld
|
|
Number of
Shares
|
%
|
Number of
Shares
|
%
|
|
55,204,572
|
99.30
|
390,872
|
0.70
|
About Valeo Pharma
Valeo Pharma is a Canadian pharmaceutical company dedicated to
the commercialization of innovative prescription products in
Canada with a focus on
Respiratory/Allergy, Ophthalmology and Hospital Specialty Products.
Headquartered in Kirkland, Quebec
Valeo Pharma has all the required capabilities and the full
infrastructure to register and properly manage its growing product
portfolio through all stages of commercialization. For more
information, please visit www.valeopharma.com and follow us on
LinkedIn and Twitter.
Forward Looking Statements
Forward-looking statements are statements and information
regarding possible events, conditions or results of operations that
are based upon assumptions about future economic conditions and
courses of action. All statements and information other than
statements of historical fact may be forward-looking statements. In
some cases, forward-looking statements can be identified by the use
of words such as "seek", "expect", "anticipate", "budget", "plan",
"estimate", "continue", "forecast", "intend", "believe", "predict",
"potential", "target", "may", "could", "would", "might", "will" and
similar words or phrases (including negative variations) suggesting
future outcomes or statements regarding an
outlook.
Forward-looking information is subject to known and unknown
risks, uncertainties and other factors that may cause actual
results to be materially different from those expressed or implied
by such forward-looking information, including but not limited to:
reliance on third-party suppliers and manufacturers, the
availability of additional funding, common risks for pharmaceutical
products, including product liability claims, insurance and
recalls, registration risks in certain jurisdictions, the inability
to implement Valeo's strategy to grow the business, dependence on
key management personnel and executives, competition, currency
fluctuations and the risks, uncertainties and other factors
contained in the section entitled "Risk Factors" in Valeo's annual
information form dated January 29,
2024, a copy of which is available on Valeo's Sedar+ profile
at www.sedarplus.ca.
Actual events or results may differ materially from those
anticipated in these forward-looking statements if known or unknown
risks affect Valeo's business, or if Valeo's estimates or
assumptions turn out to be inaccurate. Valeo undertakes no
obligation to update publicly, or otherwise revise, any
forward-looking statements, whether as a result of new information
or future events or otherwise, except as may be required by law. If
Valeo does update one or more forward-looking statements, no
inference should be drawn that it will make additional updates with
respect to those or other forward-looking statements, unless
required by law.
SOURCE Valeo Pharma Inc.