CastleCap Capital Inc. Announces Annual Meeting Results
News related to:CastleCap Capital Inc · 2 min read
CastleCap Capital Inc., a capital pool company, announced the results of its annual meeting of shareholders on October 14, 2026, in Calgary, Alberta. The meeting, held on September 10, 2026, saw the election of all four nominees for directors as listed in the company’s management proxy circular dated July 24, 2026. The nominees elected were Charles Chebry, Sandra Dosdall, Antonio Ruggieri, and Travis Rhodes.
At the meeting, shareholders also voted in favor of resolutions authorizing the Corporation’s Board of Directors to appoint the independent auditor of the Corporation and the approval and ratification of the Corporation’s Stock Option Plan. A total of 1,040,000 shares of the Corporation were voted at the meeting, representing 26% of the issued and outstanding shares of the Corporation.
As of the date of the announcement, the Company had 4,000,000 Common Shares issued and outstanding, with 400,000 options exercisable on or before June 12, 2029, at a price of $0.10 per Common Share. All resolutions were passed unanimously.
The Corporation, created pursuant to the policies of the TSXV, has not commenced operations and has no assets other than cash. Its principal business is the identification and evaluation of assets or businesses with a view to completing a "Qualifying Transaction" under the Policy.
The press release further noted that the Corporation’s principal business is the identification and evaluation of assets or businesses with a view to completing a "Qualifying Transaction" under the policies of the TSXV. As of the date of the announcement, the Company had 4,000,000 Common Shares issued and outstanding, with 400,000 options exercisable on or before June 12, 2029, at a price of $0.10 per Common Share.
The Corporation’s management proxy circular, dated July 24, 2026, detailed the nominees for directors, who were elected at the meeting. The resolutions passed at the meeting included authorizing the Board of Directors to appoint the independent auditor of the Corporation and the approval and ratification of the Corporation’s Stock Option Plan. The voting results indicated that all resolutions were passed unanimously, with 1,040,000 shares voted, representing 26% of the issued and outstanding shares.
The Corporation is a capital pool company with no assets other than cash, and its focus is on identifying and evaluating assets or businesses for potential "Qualifying Transactions." The press release provided no additional details on the specific nature of these transactions or the criteria for selecting potential assets or businesses.
In summary, the annual meeting of shareholders of CastleCap Capital Inc. concluded with the election of all four nominees for directors and the unanimous passage of resolutions related to the appointment of the independent auditor and the approval of the Stock Option Plan. The meeting underscored the Corporation’s ongoing commitment to its strategic objectives and governance practices.