16:57:32 EDT Thu 03 Apr 2025
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Voxtur Analytics Corp
Symbol VXTR
Shares Issued 764,841,858
Close 2025-04-02 C$ 0.03
Market Cap C$ 22,945,256
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Voxtur Analytics adopts advance notice bylaw

2025-04-02 18:46 ET - News Release

Mr. Jordan Ross reports

VOXTUR ANNOUNCES ADOPTION OF ADVANCE NOTICE BY-LAW

Voxtur Analytics Corp. has adopted an advance notice bylaw to establish the conditions and framework under which registered or beneficial owners of common shares of the company may exercise their right to submit director nominations. The advance notice bylaw fixes a deadline by which such nominations must be submitted by a shareholder to the company prior to any annual or special meeting of shareholders, and sets forth the information that a shareholder must include in the notice to the company for the notice to be in proper written form in accordance with the Business Corporations Act (Ontario).

The advance notice bylaw ensures that all shareholders receive sufficient notice and relevant information about director nominees, which allows them to make informed voting decisions. Among other things, it requires shareholders to notify the company of director nominations within the following time frames:

  • Annual meetings: Notice must be given at least 30 days before the meeting. If the meeting date is publicly announced less than 50 days in advance, notice must be provided no later than the close of business on the 10th day following the announcement.
  • Special meetings (that are not also annual meetings): Notice must be provided no later than the close of business on the 15th day following the public announcement of the meeting date.

To be valid, a shareholders notice must include specified information about the proposed nominee, as outlined in the advance notice bylaw. The advance notice bylaw also prescribes the required written form of the notice and allows the board of directors, at its sole discretion, to waive any requirements under these provisions.

The advance notice bylaw is effective immediately and will be presented to shareholders for approval, confirmation and ratification at the next annual and special meeting of shareholders of the company on June 27, 2025. Pursuant to the provisions of the act, the advance notice bylaw will cease to be effective unless it is approved, ratified and confirmed by a resolution adopted by a majority of the votes cast by the shareholders of the company at the meeting.

A copy of the advance notice bylaw has been filed under the company's profile on SEDAR+.

About Voxtur Analytics Corp.

Voxtur is a transformational proptech company that is redefining industry standards in a dynamic lending environment. The company offers targeted data analytics to simplify the multifaceted aspects of the lending life cycle for investors, lenders, government agencies and servicers. Voxtur's proprietary data hub and workflow platforms more accurately and efficiently value real estate assets, providing critical due diligence that enables market participants to effectively originate, trade or service defaults on mortgage loans. As an independent and transparent mortgage technology provider, the company offers primary and secondary market solutions in the United States and Canada.

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