Breaking News: ENERGY AGM Resolutions for 2025 – Find Out What Investors Decided!

The scene was set at the Annual General Meeting of the Shareholders of INNOVATIVE ENERGY GROUP LIMITED, a pivotal event held on Thursday, January 9, 2025. As the digital clock struck 10:00 AM, shareholders gathered virtually to partake in the momentous decisions that were to shape the future of the company. Among the buzz of anticipation, the following resolutions were duly passed:

ORDINARY RESOLUTIONS:

1. The Audited Financial Statements for the year ended 31 May 2024, along with the reports of the Directors and Auditors, were unanimously adopted, a testament to the company’s commitment to transparency and accountability.
2. The reappointment of the following Directors – Nigel Davy, Winston Watson, Donald Patterson, and Jennifer Davy – in accordance with the Articles of Incorporation signified a vote of confidence in their leadership and vision for the company.
3. The approval for issuing and admitting further participating voting shares, totaling 850,000,000 Ordinary Shares, on the Main Market of the Jamaica Stock Exchange was a strategic move to strengthen the company’s market position and expand its shareholder base.
4. The Company’s authorization to proceed with the necessary application for admission of the additional shares to the Jamaica Stock Exchange showcased a proactive approach towards capital market operations and compliance with regulatory requirements.
5. Empowering each Authorized Person of the Company to execute and deliver documents and agreements in line with the resolutions demonstrated a unified commitment towards implementing the decisions made at the meeting efficiently and diligently.
6. The continuance of Crichton, Mullings & Associates, Chartered Accountants, as Auditors of the Company underscored a longstanding professional relationship based on trust and excellence in financial oversight.
7. The fixing of fees for Non-executive Directors by the Corporate Governance & Sustainability Committee reflected a meticulous approach to governance and rewarding board members for their invaluable contributions.

As the proceedings drew to a close, it was evident that the synergy of collective decisions and unwavering dedication to the company’s growth and success had set a strong foundation for the future. The diligent efforts of all stakeholders, from Directors to Auditors, paved the way for a promising trajectory ahead. Together, they had laid the groundwork for a thriving future for INNOVATIVE ENERGY GROUP LIMITED, guided by integrity, vision, and a steadfast commitment to excellence.