Volt Carbon Technologies Announces Results of AGM

Rhea-AI Summary

Volt Carbon Technologies Inc. (TSXV: VCT) (OTCQB: TORVF) announces positive outcomes from its Annual General and Special Meeting of the Shareholders, including re-election of directors, reinstatement of the auditor, and re-approval of the stock option plan with strong shareholder support.

Calgary, Alberta--(Newsfile Corp. - February 15, 2024) - Volt Carbon Technologies Inc. (TSXV: VCT) (OTCQB: TORVF) ("Volt Carbon" or the "Company") is pleased to announce the outcomes of its Annual General and Special Meeting of the Shareholders (AGM) conducted on February 13^th, 2024. The shareholders have reaffirmed their support by re-electing all four (4) directors: V-Bond Lee, Dr. Aiping Yu, Glen Nursey, and Robert Martin. Furthermore, the shareholders have reinstated Kenway Mack Slusarchuk Stewart LLP as the Company's auditor; and re-approved the Company's stock option plan. The Company is pleased to confirm that over 99.4% of the votes cast favoured the recommendations by proxy.

The 2024 investor presentation can be found here.

About Volt Carbon Technologies
Volt Carbon is a publicly traded carbon science company, with specific interests in energy storage and green energy creation, with holdings in mining claims in the provinces of Ontario, Quebec, and British Columbia in Canada. For the latest information on Volt Carbon's properties and news please refer to the website www.voltcarbontech.com.

On behalf of the Board of Directors
Volt Carbon Technologies Inc.
V-Bond Lee, CEO, President, Chairman of the Board and Director

Information Contact :
Email: info@voltcarbontech.com
Tel: (647-546-7049)

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.

FORWARD-LOOKING STATEMENTS: This press release contains forward-looking statements, within the meaning of applicable securities legislation, concerning Volt's business and affairs. In certain cases, forward-looking statements can be identified by the use of words such as ''plans'', ''expects'' or ''does not expect'', "intends" ''budget'', ''scheduled'', ''estimates'', "forecasts'', ''intends'', ''anticipates'' or variations of such words and phrases or state that certain actions, events or results ''may'', ''could'', ''would'', ''might'' or ''will be taken'', ''occur'' or ''be achieved''.

These forward-looking statements are based on current expectations and are naturally subject to uncertainty and changes in circumstances that may cause actual results to differ materially. Although Volt believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that these expectations will prove to be correct. Such statements include statements with respect to: (i) the receipt of the approval for the Shares for Debt Transaction from the TSX Venture Exchange; and (ii) the intended timing of the closing of the Shares for Debt Transaction. Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not such results will be achieved. A number of factors, including those discussed above, could cause actual results to differ materially from the results discussed in the forward-looking statements. Any such forward-looking statements are expressly qualified in their entirety by this cautionary statement.

All of the forward-looking statements made in this press release are qualified by these cautionary statements. Readers are cautioned not to place undue reliance on such forward-looking statements. Forward-looking information is provided as of the date of this press release, and Volt assumes no obligation to update or revise them to reflect new events or circumstances, except as may be required under applicable securities legislation.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/198027

Who were the directors re-elected at Volt Carbon Technologies Inc.'s AGM?

The directors re-elected at Volt Carbon Technologies Inc.'s AGM were V-Bond Lee, Dr. Aiping Yu, Glen Nursey, and Robert Martin.

Who was reinstated as the Company's auditor at Volt Carbon Technologies Inc.'s AGM?

Kenway Mack Slusarchuk Stewart LLP was reinstated as the Company's auditor at Volt Carbon Technologies Inc.'s AGM.

What percentage of votes cast favored the recommendations by proxy at Volt Carbon Technologies Inc.'s AGM?

Over 99.4% of the votes cast favored the recommendations by proxy at Volt Carbon Technologies Inc.'s AGM.

Where can the 2024 investor presentation of Volt Carbon Technologies Inc. be found?

The 2024 investor presentation of Volt Carbon Technologies Inc. can be found here.