GlobeNewswire

ProMIS Neurosciences Announces Results of Annual Meeting of Shareholders

Share

ProMIS' shareholders show overwhelming support for all resolutions

TORONTO and CAMBRIDGE, Mass., July 02, 2021 (GLOBE NEWSWIRE) -- ProMIS Neurosciences, Inc. (TSX: PMN) (OTCQB: ARFXF), a biotechnology company focused on the discovery and development of antibody therapeutics targeting toxic oligomers implicated in the development of neurodegenerative diseases, today announced the voting results of the Corporation's annual meeting of shareholders held on June 30, 2021 in Vancouver, British Columbia, Canada (the "Meeting").

ProMIS Neurosciences is pleased to announce that all resolutions described in the Management Proxy Circular and placed before the Meeting were overwhelmingly approved by the shareholders. The total number of common shares represented by shareholders present by proxy at the meeting was 104,999,925, representing 34.32% of the Corporation's outstanding common shares.

"This year’s Annual Meeting marks the sixth anniversary of ProMIS Neurosciences," stated Eugene Williams, ProMIS Executive Chairman. "On behalf of the Board of Directors and the ProMIS management team I would like to sincerely thank our shareholders for their on-going support. We look forward to continued progress applying our unique technology platform to the development of disease-modifying antibody therapies, diagnostics and potential vaccines for neurodegenerative diseases, including Alzheimer’s, ALS and Parkinson’s disease."

In particular, the following are the voting results for the 103,137,426 common shares that were voted in person or by proxy at the Meeting.

1.   The following directors were elected, with each nominee receiving a minimum majority of 75% of the votes cast:

DIRECTORFORWITHHELD
Eugene Williams55,876,66618,219,274
Neil Cashman, M.D.73,388,087707,853
Richard J. Gregory, PH.D.67,464,8666,631,074
Patrick D. Kirwin67,364,1666,731,744
Neil K. Warma69,534,9914,560,949
William Wyman56,967,14317,128,797

2.   PricewaterhouseCoopers LLP, Chartered Professional Accountants, were appointed auditor of the Company and the Board authorized to fix the auditor’s remuneration. Shares voted in person and by proxies received represented 103,279,732 votes FOR and 1,720,193 votes WITHHELD.

3.   The ordinary resolution to authorize the Corporation to grant options pursuant to the Corporation’s 20% rolling Stock Option Plan until June 30, 2024 was passed by a majority vote of the disinterested shareholders of the Corporation. Shares voted in person and by proxies received represented 27,706,467 votes FOR and 17,043,875 votes AGAINST. The above vote tally on this resolution is of votes of the disinterested shareholders only because votes representing 29,345,598 Common Shares of Insiders were excluded from the vote tally.

About ProMIS Neurosciences Inc.

ProMIS Neurosciences, Inc. is a development stage biotechnology company focused on discovering and developing antibody therapeutics selectively targeting toxic oligomers implicated in the development and progression of neurodegenerative diseases, in particular Alzheimer’s disease (AD), amyotrophic lateral sclerosis (ALS) and Parkinson’s disease (PD). The Company’s proprietary target discovery engine is based on the use of two complementary techniques. The Company applies its thermodynamic, computational discovery platform -ProMIS™ and Collective Coordinates - to predict novel targets known as Disease Specific Epitopes on the molecular surface of misfolded proteins. Using this unique approach, the Company is developing novel antibody therapeutics for AD, ALS and PD. ProMIS is headquartered in Toronto, Ontario, with offices in Cambridge, Massachusetts. ProMIS is listed on the Toronto Stock Exchange under the symbol PMN, and on the OTCQB Venture Market under the symbol ARFXF.

For further information about ProMIS Neurosciences, please consult the Company’s website at: www.promisneurosciences.com

Follow us on Twitter, Like us on LinkedIn

For Investor Relations please contact:
Alpine Equity Advisors
Nicholas Rigopulos, President
nick@alpineequityadv.com
Tel. 617 901-0785

The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This information release may contain certain forward-looking information. Such information involves known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by statements herein, and therefore these statements should not be read as guarantees of future performance or results. All forward-looking statements are based on the Company's current beliefs as well as assumptions made by and information currently available to it as well as other factors. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Due to risks and uncertainties, including the risks and uncertainties identified by the Company in its public securities filings, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml.globenewswire.com, please give your consent at the top of this page.

About GlobeNewswire

GlobeNewswire
GlobeNewswire
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://globenewswire.com

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire

Subscribe to all the latest releases from GlobeNewswire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire

Correction: AB Klaipėdos nafta financial information reporting dates in 202129.7.2021 10:15:00 CEST | Press release

Correction: AB Klaipedos nafta interim financial information for the 6 months of 2021 has been released on 29 July 2021. AB Klaipėdos nafta (further – KN) informs that it plans to release financial information in 2021 according to the following schedule: DateReporting informationWithin first 5 working days of every month of 2021KN preliminary revenues for the previous month29 January 2021Interim financial information for the year 20207 April 2021Audited financial statements for the year 202030 April 2021Interim financial information for the 1st quarter of 20218 June 2021Social responsibility report for the year 202029 July 2021Interim financial information for the 6 months of 202129 October 2021Interim financial information for the 3 quarters of 2021 On 30 April 2021, the Company plans to convene an Ordinary General Meeting of Shareholders. Indrė Kisielienė, Acting Chief Financial Officer, +370 686 16276.

Hexagon Digital Wave signs new equipment and service agreement with Linde29.7.2021 09:00:00 CEST | Press release

Hexagon Digital Wave, a business of Hexagon Composites has signed an agreement with Linde, a leading industrial gas and engineering company. The agreement covers the supply and service of Ultrasonic Examination (UE) testing equipment. The estimated total value of the agreement is USD 2 million (approx. NOK 17 million) and designates Hexagon Digital Wave as a long-term partner. Driving energy transformation “We are excited to extend our relationship with the great team at Linde”, says Keith Fountain, UE international Sales Manager Hexagon Digital Wave. “Over the past 14 years we have provided our equipment to one of the market leaders in the industrial gas environment and helped to improve the safety of their cylinders.” About the market The non-destructive UE test and process enables the recertification of the cylinders without removing the internal product which improves the safety and allows a number of ESG requirements to be accomplished. Positive environmental impacts are accomplis

Nexstim Receives an NBS System Order from a University Hospital in Germany29.7.2021 09:00:00 CEST | Press release

Press release, Helsinki, 29 July 2021 at 10 AM(EEST) Nexstim Receives an NBS System Order froma University Hospital in Germany Nexstim Plc (NXTMH:HEX, NXTMS:STO) ("Nexstim" or "Company") announces that it has received an NBS System order in Germany. The customer is a German university hospital and a new customer for Nexstim. Nexstim NBS systems with SmartFocus® nTMS technology are mainly used for neurosurgical diagnostics: One of the most crucial pieces of information needed for neurosurgery or radiotherapy is the tumor’s or other lesion’s location in relation to the essential functions and their connections in the patient’s brain. SmartFocus® nTMS mapping with Nexstim’s NBS system can give this information regarding motor and speech areas — it can be invaluable when deciding the best treatment option. Mikko Karvinen, CEO of Nexstim commented: “We are very happy about our continued success in expanding our NBS presence within the German university hospitals. This sale is a good start t

GeoJunxion NV (ticker: GOJXN.AS) Formerly called AND International Publishers NV (AND.AS) Publishes its July 2021 Trading Update29.7.2021 08:30:00 CEST | Press release

Capelle aan den Ijssel, The Netherlands 29 July 2021 - GeoJunxion significantly increases order intake and shows encouraging Q2 and 1H2021 YoY topline growth. Looking back at the first half of 2021 and more specifically at the second quarter, Covid-19 and its related measures are still proving to be a significant challenge for the global economy. However, the GeoJunxion team and our underlying business continued to show strong resilience and improved performance during Q2: Revenue during the past quarter has grown by 30% compared to the same quarter in 2020. For the first half of 2021, revenue increased by 20% compared to the same period last year. Thanks to an extraordinary Q2 performance, our order intake for the first half of 2021 doubled compared to the same period last year. We are continuously encouraged by the market response regarding our new premium location aware products and intelligence location services, which have resulted in the increased strength of our pipeline. It is

AB Klaipėdos nafta holds a Webinar regarding unaudited financial results for the six months of 202129.7.2021 08:00:00 CEST | Press release

On the 29th of July 2021 at 9:00 (EET) AB Klaipėdos nafta (hereinafter – the Company) holds a conference webinar for its shareholders, investors, mass media representatives and other stakeholders. The presentation is held in English. The webinar is hosted by KN Chief Executive Officer Darius Šilenskis and acting Chief Financial Officer Indrė Kisielienė who introduces the Company’s financial results for the six months of 2021 and will answer the participant questions. Webinar presentation is enclosed. Indrė Kisielienė, Acting Chief Financial Officer, +370 686 16276 Attachment KN_activity results for_2021_Q2

AB Klaipėdos nafta unaudited financial information regarding the six months of 202129.7.2021 07:55:00 CEST | Press release

AB Klaipėdos nafta (hereinafter – KN, the Company) announces the unaudited consolidated (hereinafter – the Group) and separate financial results for the six months ended 30 June 2021. Main financial indicators of the Group comparing 6 months of 2021 and 2020: Financial results for 6 months of 2021Change, compared to 6 months of 2020Adjusted results for 6 months of 2021 Change, compared to 6 months of 2020Revenue31.6 million EUR- 22.4%31.6 million EUR- 22.4%Net profit (loss)- 6.8 million EUR- 16.2 million EUR- 0.2 million EUR- 7.5 million EUREBITDA14.6 million EUR- 39.7%14.6 million EUR- 39.7% Main financial indicators of the Company comparing 6 months of 2021 and 2020: Financial results for 6 months of 2021Change, compared to 6 months of 2020Adjusted results for 6 months of 2021Change, compared to 6 months of 2020Revenue30.1 million EUR- 24.2%30.1 million EUR- 24.2%Net profit (loss)- 7.2 million EUR- 16.5 million EUR-0.7 million EUR- 7.9 million EUR EBITDA14.0 million EUR- 41.7%14.0 mi

NOMINATION OF CHIEF FINANCIAL OFFICER29.7.2021 07:30:00 CEST | Press release

NOMINATION OF CHIEF FINANCIAL OFFICER Amsterdam, the Netherlands - Flow Traders N.V. (Euronext: FLOW) announces that the Supervisory Board has nominated Mike Kuehnel for appointment as Chief Financial Officer and member of the Management Board. Given Flow Traders’ ambitions and strategic growth agenda, the Supervisory Board has taken the decision to expand the Management Board from four to five members with the nomination of Mike Kuehnel for appointment as Chief Financial Officer. Through this new, dedicated Chief Financial Officer function, Mike will help to further shape Flow Traders’ strategy, develop organic and non-organic growth initiatives as well as intensify communications with key stakeholders. Mike Kuehnel will join Flow Traders on 1 August 2021 and all regulatory approvals have been received. Prior to joining Flow Traders, Mike gained over 20 years of investment banking and strategy consulting experience in the global financial market infrastructure space. Most recently, Mi