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Metaguest Provides Update on Board of Directors

(Positive)
Tags
management

Metaguest.AI (CSE: METG, OTC: MGSTF) reports that directors Charlotte Janssen and Anthony ("Tony") Comparelli resigned from the Board effective July 17, 2026. The Board thanked both former directors for their service.

According to Metaguest, the company is moving into the next phase of its governance transition and is actively evaluating opportunities to add directors with additional experience and independent perspectives to support growth and long-term strategy. A shareholder requisition previously requested a special meeting to consider Board changes; the company is assessing how the latest resignations affect that process and will proceed in line with the Business Corporations Act (Alberta) and applicable securities laws. Metaguest states it continues normal operations, with management focused on strategic priorities, hospitality partners, customers, and long-term shareholder value.

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Positive

  • Board refresh underway with search for additional experience and independent perspectives
  • Operations described as normal course while management focuses on strategic priorities and partners

Negative

  • Two directors resigned effective July 17, 2026
  • Shareholder requisition for special meeting signals ongoing governance uncertainty

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Toronto, Ontario--(Newsfile Corp. - July 20, 2026) - Metaguest.AI Incorporated (CSE: METG) ("Metaguest" or the "Company") announces that Charlotte Janssen and Anthony ("Tony") Comparelli have resigned as directors of the Company, effective July 17, 2026.

The Board thanks Ms. Janssen and Mr. Comparelli for their contributions to the Company and wishes them well in their future endeavours.

With these resignations, the Company is entering the next phase of its governance transition. The Company is actively evaluating opportunities to further strengthen the Board with additional experience and independent perspectives to support its continued growth and long-term strategic objectives.

As previously announced, the Company received a shareholder requisition requesting a special meeting of shareholders to consider changes to the composition of the Company's Board of Directors. The Company is considering the implications of today's Board changes in relation to the shareholder requisition and will continue to proceed in accordance with the requirements of the Business Corporations Act (Alberta) and applicable securities laws.

The Company continues to operate in the normal course of business. Management remains focused on executing its strategic priorities, supporting its hospitality partners and customers, and continuing to build long-term shareholder value.

About Metaguest.AI Incorporated

Metaguest.AI is a next-generation technology company focused on enhancing the guest experience through advanced AI solutions. Its flagship platform provides an end-to-end guest engagement ecosystem, covering everything from pre-arrival to post-departure. Features include on-property e-commerce with digital payments, real-time service requests, mobile check-out, personalized in-room controls, local experience and event bookings, and a multilingual virtual concierge-all accessible without downloading an app or visiting a website. Hotels, resorts, and short-term rental operators use Metaguest to boost efficiency, drive incremental revenue, and elevate customer satisfaction.

For more information about Metaguest and its innovative digital concierge services or to invest, please visit http://www.metaguest.ai or please contact:

Colin Keddy, President and Director Robert Lelovic, Chief Financial Officer  
Email: colin@metaguest.ai Email: robert@metaguest.ai
Tel: 613-907-9159 Tel: 416-302-0779

 

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/305859

FAQ

What board changes did Metaguest (MGSTF) announce on July 20, 2026?

Metaguest announced that directors Charlotte Janssen and Anthony ("Tony") Comparelli resigned effective July 17, 2026. According to Metaguest, the company thanked them for their contributions and indicated these departures mark the next phase of its ongoing governance transition process.

Why are the July 2026 director resignations important for Metaguest (MGSTF) shareholders?

The resignations change the composition of Metaguest’s Board and intersect with an outstanding shareholder requisition. According to Metaguest, it is evaluating how these changes affect the requested special meeting while continuing its governance transition and director search.

How is Metaguest (MGSTF) responding to the shareholder requisition for a special meeting?

Metaguest is considering the implications of the recent Board resignations on the shareholder-requested special meeting. According to Metaguest, it will proceed in accordance with the Business Corporations Act (Alberta) and applicable securities laws when addressing Board composition changes.

Is Metaguest (MGSTF) operating normally after the July 2026 board resignations?

Metaguest states it continues to operate in the normal course of business following the Board changes. According to Metaguest, management remains focused on executing strategic priorities, supporting hospitality partners and customers, and building long-term shareholder value.

What governance transition plans did Metaguest (MGSTF) outline with the board update?

Metaguest signaled that it is entering the next phase of its governance transition after the two director resignations. According to Metaguest, it is actively evaluating opportunities to strengthen the Board with added experience and independent perspectives.

What does Metaguest (MGSTF) do in the hospitality and guest experience market?

Metaguest provides an AI-driven guest engagement platform for hotels, resorts and short-term rentals. According to Metaguest, its system supports e-commerce, digital payments, real-time service requests, mobile checkout, in-room controls, local bookings, and a multilingual virtual concierge without app downloads or website visits.