
Everyday People Financial Announces Voting Results of its Annual and Special Meeting of Shareholders and Proposed Name Change to Global Receivables Management Inc.
Newsfile Corp
Published: Jul 24, 2026, 05:51 AM GMT+9
Sentiment Analysis
Everyday People Financial Corp. (TSXV: EPF) (OTCQB: EPFCF) is pleased to announce the results of voting at its annual and special meeting of shareholders held virtually on Thursday, July 23, 2026. Each of the matters set out in the Notice of Annual Meeting of Shareholders and Management Information Circular dated June 23, 2026 was approved by the shareholders. Voting was conducted by online ballot, and a total of 60,858,894 common shares, representing approximately 46.8% of the Company's issued and outstanding common shares as of the record date of June 8, 2026, were represented in person or by proxy at the Meeting, constituting quorum.
The sale of the Company's non-core financial services subsidiaries to FinCard Financial Services Inc. for $850,000 was ratified and approved by a majority of disinterested shareholders of the Company, with 100% of the votes cast by disinterested shareholders voted for, and 0% voted against, the resolution. Votes attaching to common shares beneficially owned by Gordon Reykdal, EAM Enterprises Inc., Carrie Reykdal, David Guebert and Scott Sinclair, and their respective associates and affiliates, were excluded from the vote count as interested parties. The transaction is subject to final approval of the TSX Venture.
In connection with the divestiture of the Divested Subsidiaries and the Company's continued focus on its core business, the Company announced at its Meeting today, its intention to change its name from "Everyday People Financial Corp." to "Global Receivables Management Inc." (or such other name as may be acceptable to the applicable regulatory authorities), and to change its trading symbol on the TSX Venture Exchange accordingly. The proposed name change and new stock symbol remain subject to shareholder approval, acceptance by the Exchange and other applicable regulatory and corporate approvals, including the filing of Articles of Amendment.
As previously announced on June 23, 2026, FinCard issued 139,581,636 Class A common voting shares into trust for the benefit of the Company's shareholders pursuant to a Trust Agreement entered into among FinCard, the Company, Barret Reykdal as bare trustee, with Odyssey Trust Company as the transfer agent. The FinCard Shares are intended to be distributed on a one-for-one (1:1) basis to shareholders of the Company who are shareholders of record as of July 23, 2026, with each such shareholder receiving one FinCard Share for each common share of the Company held on July 23, 2026. FinCard is currently a private Alberta corporation and is not a reporting issuer in any jurisdiction of Canada. Accordingly, the FinCard Shares will be subject to resale restrictions under applicable securities laws and transfer restrictions contained in FinCard's articles.
The following seven director nominees listed in the Circular were elected as directors of the Company to hold office until the close of the next annual meeting of shareholders of the Company or until his or her successor is duly elected or appointed. Each director nominee was elected by the requisite majority votes cast in accordance with the Company's Majority Voting Policy, as set out in the following table:
Director Nominee Voting Results (For / Withheld)
David Guebert 100% for / 0% withheld
Nitin Kaushal 99.8% for / 0.2% withheld
Graham Rankin 100% for / 0% withheld
Barret Reykdal 99.8% for / 0.2% withheld
Gordon Reykdal 100% for / 0% withheld
Scott Sinclair 100% for / 0% withheld
Amy ter...
Source: Newsfile Corp
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