Tickers: XTSX:NTE, PINX:NMGGF
Tags: Entertainment
VANCOUVER, CANADA / TheNewswire / June 27, 2017 - Network Media Group Inc. (TSX: NTE.V) ("Network" or "the Company") announces that the six candidates put forward by management for election to the board of directors of the Company, as set out in its management information circular dated May 23, 2017, were duly elected at the annual general meeting of shareholders held today (the "AGM").
The shareholders were represented in person or by proxy by 15,543,349 common shares, representing 27.79% of the Company's outstanding common shares.
Immediately following the close of the AGM, the board of directors confirmed the appointment of the Company's officers, whose names and respective offices are as follows:
Derik Murray Chief Executive Officer
Paul Gertz President & Chief Operating Officer
Darren Battersby Chief Financial Officer
Robert Pirooz Executive Chairman
Alexis Stewart Corporate Secretary
About Network Media Group/Network Entertainment Inc.
Network is focused on becoming one of the world's leading developers and producers of entertainment properties for the global marketplace and its worldwide audience. It is the parent company of Network Entertainment Inc., an established television and film production company with an award-winning international reputation. Its productions include the Academy Award shortlisted feature documentary Facing Ali, as well as documentaries on the lives of Bruce Lee, Steve McQueen, Evel Knievel, Johnny Cash, Chris Farley and, most recently, JFK Jr. The I Am Chris Farley production, which was released in the summer of 2015, set all time ratings records for Spike. Network's past projects and current productions can be viewed at www.networkentertainment.ca. For further information concerning this press release, please email info@networkentertainment.ca
ON BEHALF OF THE BOARD OF DIRECTORS OF
NETWORK MEDIA GROUP INC.
"Derik A. Murray"
Derik A. Murray
Chief Executive Officer and Director
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.
CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION
Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties, including the Company not obtaining required TSX Venture Exchange approval of the Transaction and the Transaction not being completed as proposed or at all. These statements are necessarily based upon management's perceptions, beliefs, assumptions and expectations, as well as a number of specific factors and assumptions that, while considered reasonable by management of the Company as of the date of such statements, are inherently subject to significant uncertainties and contingencies that could result in the forward-looking information ultimately, perhaps materially, being incorrect. All forward-looking information in this news release involve known and unknown risks, uncertainties and other factors that are beyond the control of the Company and may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information. Except as required pursuant to applicable securities laws, the Company will not update these forward-looking statements to reflect events or circumstances after the date hereof.
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