BEACN Announces Annual General and Special Meeting Results

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Shareholders elected four directors including Craig Fraser following departure of Sarah Weber

VICTORIA, BC / ACCESSWIRE / August 13, 2024 / BEACN Wizardry & Magic Inc. (TSX-V:BECN) ("BEACN" or the "Company") announces that all matters submitted to the shareholders for approval as set out in the Company's Notice of Meeting and Information Circular which were mailed to shareholders in connection with the meeting were approved at the Company's Annual General and Special Meeting held in Victoria, BC, on August 6, 2024.

The shareholders elected Craig Fraser, Daniel Davies, Kevin Alexander and Scott Christopher as directors of the Company for the forthcoming year. Sarah Weber ends her tenure as director at BEACN, having offered her support during the transition.

"I'm happy to join the other directors of BEACN as we continue our growth and innovation in the market. Sarah's time as a BEACN director was invaluable. We appreciate her ongoing support and wish her best in all her endeavours." shared Craig Fraser, CEO of BEACN.

In addition to the change of director, the shareholders also appointed Davidson & Company LLP, Chartered Professional Accountants, as the auditors for the Company for the ensuing year at a renumeration to be fixed by the directors, and the Company's Stock Option plan was confirmed and approved, pursuant to which the Company may grant stock options up to 10% of the issued and outstanding common shares of the Company at the time of each grant be approved.

About BEACN

BEACN (TSX-V: BECN), a Victoria BC based consumer electronics company, develops innovative audio equipment, peripherals and technology for gamers, live streamers, and content creators. BEACN is committed to delivering premium products that enable everyone to produce studio-quality content. BEACN's award-winning product ecosystem includes BEACN Mic, BEACN Mic Stand, BEACN Mix and BEACN Mix Create. BEACN is listed on the TSXV under the symbol BECN.

Media & Investor Enquiries

Craig Fraser
ir@beacn.com
+1 (778) 561-1450

Reader Advisory

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities legislation (collectively, "forward-looking statements"). The forward-looking statements herein are made as of the date of this press release only, and the Company does not assume any obligation to update or revise them to reflect new information, estimates or opinions, future events or results or otherwise, except as required by applicable law. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budgets", "scheduled", "estimates", "forecasts", "predicts", "projects", "intends", "targets", "aims", "anticipates", or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved.

Such forward-looking statements are based on a number of assumptions of management and involve a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of the Company to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements.

The forward-looking statements contained in this press release represent management's best judgment based on information currently available. No forward-looking statement can be guaranteed, and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements. Neither the Company nor any of its representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this press release. Neither the Company nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this press release by you or any of your representatives or for omissions from the information in this press release. We seek safe harbor.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: BEACN Wizardry & Magic Inc.