Skip to main content

Western Pacific Trust Company Shareholders Approve All Resolutions at Annual General and Special Meeting

Written by Customer Service on . Posted in Public Companies.

VANCOUVER, British Columbia, June 01, 2023 (GLOBE NEWSWIRE) — Western Pacific Trust Company (the “Company”) (TSXV:WP) is pleased to report following the Company’s Annual General and Special Meeting, held on May 31, 2023, Shareholders of the Company voted in favour of management’s director nominees, re-appointment of the auditors and the Company’s new 20% “fixed” stock option plan (“Option Plan”).

Option Plan
The Board of Directors approved the new Option Plan on January 18, 2023, subject to regulatory and shareholder approval. The Option Plan is in compliance with the new share-based compensation policy adopted by the TSX Venture Exchange in November 2021, and supersedes the previous stock option plan. There were no options outstanding under the superseded stock option plan.

The Option Plan is a 20% “fixed” stock option plan which governs the granting of stock options to directors, officers, employees and consultants of the Company for the purchase of up to 20% of the issued and outstanding common shares in the capital of the Company (the “Common Shares”). The maximum aggregate number of Common Shares issuable under the Option Plan is 5,258,711.

About Western Pacific Trust Company

Western Pacific Trust Company is a non-deposit taking trust company, licensed under the Financial Institutions Act in British Columbia, and registered extra-provincially in Alberta, as a non-deposit taking Trust Company.

For further information, please contact Alison Alfer, President at:
Tel: (604) 683-0455
email: aalfer@westernpacifictrust.com

On Behalf of the Board,
WESTERN PACIFIC TRUST COMPANY

/s/ Alison Alfer

ALISON ALFER
President and CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.