Toronto, Ontario, Oct. 10, 2025 (GLOBE NEWSWIRE) — Avante Corp. (TSX.V:XX) (“Forward” or “Corporation“) confirms that the annual general and extraordinary meeting of shareholders of Avante (“Meeting“) is scheduled to be held on Tuesday, October 21, 2025 at 10:00 am (Toronto time). The meeting will be held in a virtual format only via live online broadcast at https://virtual-meetings.tsxtrust.com/1845 for the following purposes, as further described in the Meeting Proceedings (as defined below):
- obtain the audited consolidated financial statements of the Corporation for the fiscal year ended March 31, 2025 and 2024, including the auditor's report thereon, and the unaudited condensed interim consolidated financial statements for the three-month period ended June 30, 2025 and 2024;
- elect directors to serve until the next annual general meeting of the Corporation or until a successor is elected or appointed;
- appoint Deloitte LLP as auditors of the Corporation for the following year and authorize the directors to fix their remuneration; And
- to consider and, if deemed advisable, to adopt, with or without modification, a regular resolution ratifying the Corporation's 10% rolling stock option plan.
Avante also reports that due to the ongoing suspension of Canada Post (“Suspense“), the Corporation has satisfied all conditions upon which reliance is placed and will rely on CSA Coordinated General Order 51-932 issued by the Canadian Securities Administrators and Coordinated General Order 51-932 issued by the Ontario Securities Commission (collectively “Orders“) for an exemption from the requirement to mail its proxy materials in connection with the Meeting, including the notice of meeting and management information circular dated September 15, 2025, and the proxy form and voting instructions form in connection with the Meeting (collectively, “Meeting materialsElectronic versions of meeting materials can be accessed via Avante's issuer profile on SEDAR+ at www.sedarplus.ca and on the Avante website at https://www.avantecorp.ca/investor-relations.
Avante shareholders are encouraged to access meeting materials directly through the aforementioned websites. Shareholders may also request delivery of a copy of meeting materials by email by sending an email to Avante Investor Relations at: [email protected] or call 604-572-6392. In the event that Canada Post resumes accepting commercial volumes at least 15 days prior to the date of the Meeting, the Corporation will mail the Meeting Materials by regular mail; however, there can be no guarantee that Meeting Materials will be received by shareholders prior to the meeting. Pursuant to the Orders, Avante is waiving the proxy expiration date set out in the Meeting Materials and will accept proxy votes until 5:00 p.m. (Toronto time) on Monday, October 20, 2025.
How registered shareholders can vote
Shareholders of record are shareholders who hold their shares directly with the Corporation and not through a brokerage account or escrow company. Shareholders of record may request their 12-digit voting control number from the Corporation's transfer agent, TSX Trust Company, by email. [email protected]. Once control numbers have been received, registered shareholders are invited to vote online at www.voteproxyonline.com. Alternatively, shareholders of record may vote by fax by telephone at 416-595-9593 or by delivering a completed proxy form by private courier or hand delivery to TSX Trust Company, 301-100 Adelaide Street West, Toronto, Ontario, M5H 4H1, Attention: Proxy Department.
How can unregistered (beneficial) shareholders vote?
Unregistered (or beneficial) shareholders fall into two categories – those who object to their identity being disclosed to the issuers of the securities they own (“Objection to Beneficial Owners“) and those who do not object to their identity being disclosed to issuers of securities they own (“Beneficial owners who do not object to this“).
Beneficial owners who do not object may request their 12-digit voting control number from the Corporation's transfer agent, TSX Trust Company, by email. [email protected]. Once control numbers have been received, beneficiaries who do not object are invited to vote online at: www.voteproxyonline.com. Alternatively, beneficial owners who do not object may vote by fax by telephone at 416-595-9593 or by private courier or personal delivery of a completed Voting Instruction Form to TSX Trust Company, 301-100 Adelaide Street West, Toronto, Ontario, M5H 4H1, Attention: Trustee Department.
Objecting beneficial owners should contact their brokerage, escrow company or other intermediary and request a 16-digit voting control number and voting instructions.
For further information, shareholders are encouraged to carefully review the Meeting Materials and contact TSX Trust Company toll-free in North America at 1-866-600-5869 or by email at: [email protected] if they have questions regarding the voting of their shares.
About the company “Avante”
Avante Corp. is a leading provider of security services and security technology solutions for residential and commercial clients based in Toronto. Avante's mission is to provide enhanced security worldwide with a white-glove approach to high-net-worth families and corporations alike, through advanced solutions and methods for detecting conditions that require immediate response. The company has developed a diversified security platform that leverages advanced technology solutions to provide the highest level of security services. With an experienced team and a track record of sustained growth, Avante is taking steps to build a broad portfolio of businesses and security solutions for its clients through organic growth complemented by strategic acquisitions. Avante acquires, operates and builds industry-leading businesses that provide specialized, mission-critical solutions aimed at addressing the security risks of its customers. Avante is listed on the TSX Venture Exchange under the ticker symbol “XXFor more information visit www.avantecorp.ca and consider joining our investor email list.
Presence of a traffic jam.
Emmanuel Munuchos
Founder, CEO and Chairman of the Board of Avante Corp.
416-923-6984
[email protected]
Pardeep Sangha
Investor Relations
604-572-6392
[email protected]
Forward-Looking Information
Certain statements contained in this press release, including statements regarding the Meeting, including the expected date of the Meeting and the delivery of Meeting Materials, constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information can generally be identified by the use of forward-looking terminology such as “outlook”, “objective”, “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “consider”, “should”, “plan”, “forecast”, “estimate”, “forward”, “potentially”, “may”, “likely”, “approximately”, “planned” “forecast”, “variation” or “continue” or similar expressions suggesting future results or events. The forward-looking information in this press release speaks only of events or information as of the date on which the statements are made in this press release. Actual results and events may differ materially from those expressed or implied by the forward-looking information contained in this press release. Any number of factors could cause actual results to differ materially from this forward-looking information. Although Avante believes that the expectations reflected in the forward-looking information are reasonable, it can give no assurance that the expectations in any forward-looking information will prove to be correct. Such forward-looking information is based on a number of assumptions that may prove to be incorrect. Accordingly, readers should not place undue reliance on forward-looking information.
The forward-looking information in this press release is subject to certain risks and uncertainties that could cause actual results to differ materially from such forward-looking information, including risks associated with delays in stockholders receiving Meeting Materials in light of the ongoing suspension, as well as potential delays in the conduct of the meeting. The risks and uncertainties relating to Avante are described in more detail in Avante's regulatory filings, which are available under the issuer's profile on SEDAR+ at: www.sedarplus.ca. Except as specifically required by applicable Canadian securities laws, Avante undertakes no obligation to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise, after the date the information is provided or to reflect the occurrence of unanticipated events. This forward-looking information should not be relied upon as representing Avante's views as of any date subsequent to the date of this press release.
Neither TSX Venture Exchange Inc. (the “Exchange”) nor its regulatory services provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this press release.
