Turnium Technology Group Announces AGM Results

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Vancouver, Canada--(Newsfile Corp. - October 8, 2024) -  Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) ("Turnium" or "the Company"), is pleased to announce the results of its annual and special meeting of shareholders ("AGM") held on Friday, October 4, 2024, in Vancouver, Canada.

AGM Results

A total of 88,237,684 common shares were voted at the AGM, representing approximately 53.82% of the issued and outstanding common shares of the Company.

The six nominees listed in the Company's management information circular dated August 26, 2024 (the "Circular"), which was mailed to Turnium shareholders of record as of August 23, 2024, were elected to the board of directors of the Company to hold office until the next annual meeting of shareholders or until their successors are duly appointed or elected. The new board members are: Ralph Garcea, Doug Childress, Johan Arnet, Jim Lovie, Erin Campbell and Craig Pentland.

In addition, shareholders received the audited consolidated financial statements of the Company for the year ended September 30, 2023, and approved all of the other resolutions detailed in the Circular and put forward at the AGM, namely:

  • Appointing Zeifmans LLP, Chartered Accountants as auditor of the Company for the ensuing year; and

  • Approving the Omnibus Equity Incentive Plan of the Company (the "Omnibus Plan").

The Circular is available under Turnium's profile on SEDAR+ at www.sedarplus.ca.

About Turnium Technology Group Inc.

Turnium Technology Group Inc. (TTGI), headquartered in Vancouver, Canada, recently acquired Claratti, a Technology-as-a-Service (TaaS) platform based in Perth, Australia. This strategic acquisition strengthens both companies' positions in the market. Turnium, known for its competitive secure SD-WAN platform, and Claratti, with its A.I. driven Marketing & Sales Engine powering an end-to-end TaaS platform that provides everything from the physical device through to comprehensive cybersecurity services. Backed by 24x7 worldwide coverage with a 3-minute response, Claratti's offering was built from the ground up as an OEM white-labelled solution, unlocking massive new revenue opportunities for our partners. This alignment in sales, technical, and back-office functions creates powerful synergies between the two companies.

Turnium's solutions are sold through a global channel partner program designed for Communications Service Providers, Internet and Managed Service Providers, System Integrators, and Value-Added Resellers.