
Spirit Blockchain Capital (SPIR) shareholders approved all AGM proposals with 19.7% turnout. The company completed its audit, filed Q1 results and raised capital. Board changes include a resignation and the appointment of an independent director.
Spirit Blockchain Capital Inc. (CSE: SPIR | OTCQB: SBLCF) said shareholders approved all management proposals at its annual general meeting on July 10, with 37.32 million shares represented, about 19.7% of the total outstanding. The Vancouver-based blockchain infrastructure and digital asset company disclosed the results and accompanying board changes on July 17.
Chairman and interim CEO Raymond O’Neill told shareholders the company had completed its annual audit and first-quarter financial filings, and strengthened its balance sheet through a recent financing. He said the initiatives “designed to unlock value from our technology investments and broader digital asset ecosystem” are now under way. The search for a permanent chief executive remains a priority, O’Neill said.
Donald Stewart stepped down from the board effective July 16. The company thanked him for his service during the transition. Jireh Wong was appointed as an independent director on the same date.
O’Neill closed his remarks by saying the focus is on “executing on opportunities that we believe will generate sustainable long-term value for our shareholders.”
Drafted by a large language model from the source reporting linked above, then screened by automated publishing checks. It is not read by a journalist before publication. Some articles cite our Alpha Score. Verify prices and figures against the original source. Educational coverage, not personalized advice.