BIONEUTRA ANNOUNCES RESULTS OF ANNUAL GENERAL AND SPECIAL MEETING OF THE SHAREHOLDERS FOR YEAR ENDED
EDMONTON, Alberta, August 24, 2015 – BioNeutra Global Corporation (CSE: BGA) (“BioNeutra” or the “Company“) is pleased to report the results of the annual general and special meeting of the shareholders (the “Meeting”) for the financial year ending December 31, 2014 held on Wednesday, October 28, 2015 as scheduled.
At the Meeting, shareholders approved each of the following resolutions:
i. fixing the size of the Board of Directors at eight (8) members;
ii. re-electing Dr. Jianhua Zhu, Bill Smith, Lionel Eshleman, C.H. William (Bill) Cheung, and Huifen Zhang, and electing Honourable David Hancock, Q.C., LL.D (Hons), James Li, and Jiayu Guan as members of the Company’s Board of Directors to hold office until the date of the next annual meeting of the Company’s shareholders;
iii. appointing Collins Barrow LLP, Chartered Accountants, as the Company’s auditors for the ensuing year;
iv. approving the implementation of the Company’s Stock Option Plan on the terms described in Schedule B to the Management Information Circular; and
v. ratifying the Board of Directors’ resolution of September 1, 2015 to repeal the Company’s bylaws and replace them with the bylaws attached as Schedule C to the Management Information Circular.
Mr. Bill Smith, Chairman & Senior Vice President of BioNeutra Global Corporation, states, “We are very excited about the additions to BioNeutra’s Board of Directors. The three new members, combined with the five returning members, bring an excellent blend of skills to advise the Company effectively and work with management to successfully achieve the goals set forth. It is my hope that our Directors will bring forward new ideas to challenge management and the rest of the Board.”