VANCOUVER, British Columbia, Oct. 18, 2022 (GLOBE NEWSWIRE) — DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB: DMGGF) (FSE: 6AX) (“DMG” or the “Company”), a vertically integrated blockchain and cryptocurrency technology company, today announced that Sheldon Bennett, Chief Executive Officer and Steven Eliscu, Chief Operating Officer will present a corporate overview at the LD Micro Main Event XV. The conference is being held on October 25-27, 2022 at the Luxe Sunset Boulevard Hotel in Los Angeles.
|Event:||LD Micro Main Event XV|
|Presentation Date:||Tuesday, October 25|
|Time:||2:30pm PT (Track 4)|
Register to watch the presentation here.
Management will be available for one-on-one meetings throughout the conference.
Shareholders Approve Resolutions
The resolutions approved by the shareholders present in person or represented by proxy at the September 14, 2022 annual general and special meeting of the shareholders were:
- The number of directors was set to four. All director nominees were duly elected or re-elected to DMG’s board of directors. DMG’s Board of Directors consists of Sheldon Bennett, John Place, Kelly Allin and John D. Abouchar. Each director will serve until DMG’s next annual meeting of shareholders or until their respective successors are elected or appointed or they otherwise cease to hold office.
- Kingston Ross Pasnak LLP was appointed as independent, external auditor of DMG for the ensuing year or until its successor is appointed, and the Board was authorized to fix its remuneration.
- The Company’s Stock Option Plan was re-approved, and implementation of the Restricted Stock Unit Plan was approved.
The resolutions voted on at the meeting are described in more detail in DMG’s Management Information Circular, dated August 10, 2022, which was mailed to shareholders and is available on SEDAR at www.sedar.com.
About DMG Blockchain Solutions Inc.
DMG is an environmentally friendly vertically integrated blockchain and cryptocurrency company that manages, operates, and develops end-to-end digital solutions to monetize the blockchain ecosystem. DMG’s sustainable businesses are segmented into two business lines under the Core and Core+ strategies and unified through DMG’s vertical integration.
Future changes in the Bitcoin network-wide mining difficulty rate or Bitcoin hashrate may materially affect the future performance of DMG’s production of Bitcoin, and future operating results could also be materially affected by the price of Bitcoin and an increase in hashrate mining difficulty.
For more information on DMG Blockchain Solutions visit: www.dmgblockchain.com
On behalf of the Board of Directors,
Sheldon Bennett, CEO and Director
For further information, please contact:
DMG Blockchain Solutions Inc.