PowerTap Hydrogen Capital (NEO: MOVE) (OTC: MOTNF), a leading provider of on-site hydrogen production technology, is reporting on the results of its Annual General Meeting, which was held on June 8, 2023. According to the report, all matters that had been submitted to shareholders for approval were approved at the meeting, which had 15 shareholders represented in person or by proxy. Specifically, shareholders approved the resolution to set the number of company directors at four and also approved the nominations for four directors, including John Martin, Raghunath (Raghu) Kilambi, John Zorbas and Byron Berry. The resolution to reappoint Smythe LLP as auditors for the company was varied because Smythe LLP had resigned from the position after the resolutions for shareholders had been published. Consequently, at the meeting, the board “varied” the resolution and instead approved the resolution to appoint Shim & Associates LLP as company auditors. The report noted that there were no reservations in Smythe’s audit reports for any financial period during which Smythe was the company’s auditor, nor were there any reportable events between PowerTap and Smythe. The company is taking the steps necessary to appoint a new auditor.
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About PowerTap Hydrogen Capital Corp.
PowerTap Hydrogen, through its wholly owned subsidiary PowerTap Hydrogen Fueling Corp., is focused on installing hydrogen production and dispensing fueling infrastructure in the United States. PowerTap’s patented solution has been developed over 20 years. PowerTap is now commercializing its third-generation, blue-hydrogen product, which will focus on the refueling needs of the automotive and long-haul trucking markets that lack hydrogen fueling infrastructure. For more information about the company, please visit www.CleanPower.Capital.
NOTE TO INVESTORS: The latest news and updates relating to MOTNF are available in the company’s newsroom at https://ibn.fm/MOTNF
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