Toronto, Ontario, August 2, 2017 – Tangelo Games Corp. (“Tangelo” or the “Company”) (TSXVENTURE:
GEL), reports, in accordance with the policies of the TSX Venture Exchange, that the
director nominees listed in the management information circular dated June 19, 2017 for the 2017
Annual and Special Meeting of shareholders of Tangelo (the “Meeting”) were elected as directors of
the Company. Shareholders at the Meeting also approved the appointment of the Company’s
auditors and approved the Company’s rolling stock option plan. A total of 45,562,075 common
shares, representing 24% of all the issued and outstanding common shares of Tangelo were
represented in person or by proxy at the Meeting.
Detailed results of the vote for the election of directors held at the Meeting on July 26, 2017 in
Toronto, Ontario, are set out below.
Election of Directors
The shareholders approved the election as directors of the persons listed below, based on the
|Nominee||% Votes For||% Votes Withheld|
|G. Scott Moore||84.92%||15.08%|
Stock Option Plan
Shareholders voted 84.85% in favour of the approval of the Company’s rolling stock option plan and
all unallocated options, rights and entitlements thereunder, with 15.15% of shareholders voting
against approval of the option plan.
Tangelo’s board of directors would like to express its gratitude to the Company’s shareholders for
their high levels of participation and support.
About Tangelo Games
Tangelo Games Corp., the parent company of Diwip and Akamon, formerly known as Imperus
Technologies Corp., is a developer of social and mobile gaming for PC, Mac, iOS and Android
platforms. Diwip and Akamon design, develop and distribute their top ranked social casino-themed
games within online social networks (such as Facebook) and mobile platforms (such as Android and
iPhone). All of the Diwip and Akamon games are free to play and generate revenue primarily through
the in-game sale of virtual coins.
For more information
Tangelo Games Corp.
Spyros Karellas | Pinnacle Capital Markets Ltd. Investor Relations | 416-433-5696
Caution Regarding Forward-Looking Information:
Certain statements in this press release may constitute “forward-looking information” which involves
known and unknown risks, uncertainties and other factors which may cause the actual results,
performance or achievements of the Company to be materially different from any future results,
performance or achievements expressed or implied by such forward-looking information. When used
in this press release, such forward-looking information may use such words as “may”, “will”,
“expect”, “believe”, “plan” and other similar terminology. Forward-looking information includes, but
is not limited to, statements regarding shareholder voting results. Forward-looking information is
provided for the purpose of presenting information about management’s current expectations
relating to the future events and the operating performance of the Company, and readers are
cautioned that such information may not be appropriate for other purposes. The forward-looking
statements involve a number of risks and uncertainties. These risks and uncertainties include, but are
not limited to, regulatory requirements, general economic, market or business conditions and future
developments in the sectors of the economy in which the business of Tangelo operates. The foregoing
list of factors is not exhaustive. Please see the Company’s short form prospectus dated March 27,
2015, the Company’s Annual Information Form dated November 11, 2015 and other documents
available on www.sedar.com, for a more detailed description of the risk factors. The Company
undertakes no obligation to update publicly or revise any forward-looking information, whether a
result of new information, future results or otherwise, except as required by law.
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.