LZG International, Inc. Shareholders Call a Special Meeting

Rhea-AI Summary

LZG International (OTC: LZGI) shareholders representing over 10% of outstanding shares have called for a special meeting scheduled for August 18, 2025. The meeting will be held both in-person at AXS Law's Miami office and virtually via Zoom at 10:00 AM EDT.

The key agenda items include electing a new Board of Directors, evaluating audit candidates, and discussing measures to secure corporate assets and electronic data systems. Shareholders must display their name and share count for meeting access, with proxy voting available for those unable to attend.

Positive

• Shareholders owning 10% or more exercising their rights to call for corporate governance changes
• Meeting offers both in-person and virtual attendance options for shareholder convenience

Negative

• Indication of potential corporate governance concerns requiring shareholder intervention
• Urgent need to secure corporate assets and electronic data systems suggests possible security or management issues

News Market Reaction

-100.00%

1 alert

-100.00% News Effect

On the day this news was published, LZGI declined 100.00%, reflecting a significant negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Miami, Florida--(Newsfile Corp. - August 14, 2025) - AXS Law Group, PLLC, on behalf of the Concerned Shareholders of LZG International, Inc. (OTC: LZGI) ("LZGI"), representing 10% or more of the outstanding shares of LZGI, has called a special meeting of the shareholders for August 18, 2025. Details of that meeting, who is eligible to participate, how to join and how to submit a proxy are available for download at the following link: https://www.filemail.com/d/tkraokulsiaufqs.

The meeting will be held via Zoom and in person at AXS Law's offices at 212 NW 2^nd Ave., Suite 201, Miami, FL 33127 at 10:00AM EDT on August 18, 2025. The Zoom link is:

https://us06web.zoom.us/j/87909079773?pwd=SGUP9DBibBUT1eAvNfvxz98ez5lXw2.1

The Meeting ID for the meeting is 879 0907 9773 and the Passcode is 421631.

The meeting is open only to shareholders and their proxies/representatives. To be accepted into the meeting please ensure that your Zoom display name is the name of the person or entity that holds shares in LZGI along with the number of shares held.

Details of the purpose of the meeting are in the link referenced above, and include electing a new Board of Directors, considering candidates to perform an audit and consideration of the means to preserve and secure corporate assets and electronic data systems.

If you are unable to attend, please use the proxy form to vote or designate a representative to appear on your behalf. Please confirm your attendance as soon as possible.

Contact: AXS Law Group, PLLC (305) 753-0274

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/262428

FAQ

When and where is the LZGI special shareholders meeting being held?

The meeting is scheduled for August 18, 2025, at 10:00 AM EDT, both in-person at AXS Law's office in Miami and virtually via Zoom.

What is the purpose of LZGI's special shareholders meeting?

The meeting aims to elect a new Board of Directors, consider audit candidates, and discuss measures to secure corporate assets and electronic data systems.

How can LZGI shareholders participate in the special meeting?

Shareholders can attend in-person or via Zoom using Meeting ID 879 0907 9773 (Passcode: 421631). Attendees must display their name and share count, and proxy voting is available for those unable to attend.

What percentage of LZGI shareholders called for the special meeting?

Shareholders representing 10% or more of the outstanding shares of LZGI called for the special meeting.

How do LZGI shareholders submit a proxy vote for the special meeting?

Shareholders can submit a proxy vote using the proxy form available for download at the provided Filemail link to designate a representative for the meeting.