Ionik Announces Voting Results from Its Annual General and Special Meeting of Shareholders

Rhea-AI Summary

Ionik Corporation (OTCQB: INIKF) held its annual general and special meeting of shareholders on June 26, 2025, with 63.14% of outstanding shares represented. All proposed items were approved with overwhelming support, including the election of five directors, appointment of auditors, and confirmation of the company's equity incentive plan.

Shareholders showed strong confidence in the board nominees, with all directors receiving over 99.79% approval. The appointment of MNP LLP as auditors was approved with 99.47% of votes, while the equity incentive plan received 99.25% support, pending final TSXV approval.

Toronto, Ontario--(Newsfile Corp. - June 26, 2025) - Ionik Corporation (TSXV: INIK) (OTCQB: INIKF) (the "Company" or "Ionik"), a data and technology-driven marketing and advertising solutions company, is pleased to announce that all items of business were approved at its annual general and special meeting of shareholders held on June 26, 2025 (the "Meeting") in Waterloo, Ontario.

A total of 223,777,437 common shares were voted in connection with the Meeting, representing approximately 63.14% of the issued and outstanding common shares of the Company.

Each of the five nominees listed in the management information circular ("Circular") dated May 7, 2025 was elected as a director of Ionik for the ensuing year or until his or her successor is elected or appointed. Based on proxies received prior to the Meeting, votes were cast as follows:

Nominee	Votes For	% of Votes For	Votes Withheld	% of Votes Withheld
Ben Colabrese	223,212,140	99.98%	50,525	0.02%
Natasha De Masi	223,232,140	99.99%	30,525	0.01%
Ted Hastings	223,245,390	99.99%	17,275	0.01%
Ian Klugman	223,232,140	99.99%	30,525	0.01%
Mike Vorhaus	222,797,140	99.79%	465,525	0.21%

 

In addition, Ionik reports that an ordinary resolution approving the appointment of MNP LLP as the Company's auditors for the ensuing year and to authorize the directors to fix the auditor's remuneration was passed by 99.47% of the votes represented at the Meeting.

The ordinary resolution to approve and confirm the Company's omnibus equity incentive plan (the "Equity Incentive Plan"), previously approved by the shareholders of the Company, was passed by 99.25% of the votes represented at the Meeting. The Equity Incentive Plan remains subject to final approval of the TSX Venture Exchange ("TSXV").

Details of the voting results on all matters considered at the Meeting are available in the Company's report of voting results, which will be available under Company's profile on SEDAR+ at www.sedarplus.ca.

About Ionik

Ionik, a Tier 1 Issuer on the TSX Venture Exchange, with shares also trading on the OTCQB Venture Market, is a technology-driven marketing and advertising solutions company that helps brands, advertisers, and publishers connect with their audiences through data-driven insights and advanced automation. By leveraging its extensive suite of technology, creative expertise, and proprietary first-party data, Ionik optimizes the entire customer acquisition and retention journey.

Ionik's platform unifies marketing automation, media activation, and data management to create a seamless advertising ecosystem, helping businesses efficiently source, retain, and monetize their customers.

Additional information about the Company is available at www.sedarplus.ca.

Ionik Corporation
Sean Peasgood
Investor Relations
(647) 777-7564
Sean@SophicCapital.com

Jeff Collins
CFO/COO
(416) 583-5918
invest@ionikgroup.com

Neither the 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.

Cautionary Statement Regarding Forward-Looking Information

Certain information in this news release constitutes forward-looking statements and forward-looking information under applicable Canadian securities legislation (collectively, "forward-looking information"). Forward-looking information includes, but is not limited to, statements with respect to and the business, financials and operations of the Company. Statements containing forward-looking information are not historical facts but instead represent management's expectations, estimates and projections regarding future events. Forward looking information is necessarily based on a number of opinions, assumptions and estimates that, while considered reasonable by the Company as of the date of this news release, are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance or achievements and future events to be materially different from those expressed or implied by such forward-looking information, including but not limited to the factors described in greater detail in the public documents of the Company available at www.sedarplus.ca. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. Investors are cautioned that undue reliance should not be placed on any such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the Company. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.

SOURCE: Ionik Corporation

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/256997

FAQ

What were the voting results of Ionik's (INIKF) 2025 annual meeting?

All items were approved with strong support - directors received over 99.79% approval, auditors appointment got 99.47% support, and the equity incentive plan was approved with 99.25% of votes.

Who are the directors elected to Ionik's board in 2025?

The five elected directors are Ben Colabrese, Natasha De Masi, Ted Hastings, Ian Klugman, and Mike Vorhaus, each receiving over 99.79% of votes in favor.

What was the shareholder participation rate at Ionik's 2025 annual meeting?

The meeting had 223,777,437 common shares voted, representing approximately 63.14% of the company's issued and outstanding shares.

What additional items were approved at Ionik's 2025 annual meeting?

Shareholders approved the appointment of MNP LLP as auditors (99.47% support) and confirmed the company's omnibus equity incentive plan (99.25% support), which remains subject to TSXV approval.