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Legible Inc. Proxy Solicitation & Information Statement 2021

Feb 9, 2021

43616_rns_2021-02-09_29f700d0-9c24-4825-8cc6-c1b1916ea6ec.pdf

Proxy Solicitation & Information Statement

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TWENTY20 INVESTMENTS INC.

Form of Proxy for the 2021 Annual General and Special Meeting of Shareholders

This Form of Proxy is solicited on behalf of management of Twenty20 Investments Inc. (the “Corporation”) in connection with the 2021 Annual General and Special Meeting of Shareholders to be held in Boardroom at Suite 610, 1414 8th St SW, Calgary, Alberta on February 9, 2021, at the hour of 10:00 a.m. (Calgary time), or by way of videoconference using Zoom Videoconferencing using the Meeting ID 83173017326 and Passcode 043207, and any adjournments or postponements thereof (the “Meeting”).

The undersigned shareholder(s) of the Corporation hereby appoints Shelley Germann, an officer and director of the Corporation or failing this person, Ronald Kapeller, a director of the Corporation or instead of either of the foregoing


Print the name of the person you are appointing if this person is someone other than the individuals listed above.

as proxy of the undersigned, with full powers of substitution and to vote in accordance with the following directions (or if no directions have been given, as the proxyholder sees fit) and on all other matters that may properly come before the Meeting. The shares represented by this Form of Proxy will be voted or withheld from voting in accordance with the instructions of the shareholder on any ballot that may be called for, and where the shareholder has specified a choice with respect to the matters below will be voted as directed below or, if no direction is given, will be voted in favour of the matter.

VOTING RECOMMENDATIONS ARE INDICATED BY HIGHLIGHTED TEXT OVER THE BOXES

FOR AGAINST

1. Fix Number of Directors

To increase the number of directors of the Company from five (5) to six (6) upon the Effective Time, as more fully described in the Information Circular or to set the number of directors at five (5) if the Legible Transaction does not occur.

FOR WITHHOLD

2. Election of Directors

  • 01 Shelley Germann 02 Ryan Hoult 03 Kimberley Zacharias 04 Ronald Kapeller 05 Gene Kindrachuck

FOR AGAINST 3. Election of Directors if Legible Transaction is approved 01 Kaleeg Hainsworth 02 Helina Patience 03 David van Seters 04 Mark Holden 05 Ryan Hoult 06 Gene Kindrachuk 4. Appointment of Auditors To approve an ordinary resolution to appoint Kenway Mack Slusarchuk Stewart LLP as the auditor of the Corporation for the ensuing year or Baker Tilly WM LLP as the auditor of the Corporation at the Effective Time if the Legible Transaction is approved.

5. Stock Option Plan

To approve an ordinary resolution to approve a new stock option plan for the Corporation, the full text of which is set forth in the Management Information Circular, assuming that the Legible Transaction is approved. 6. Name Change

To approve a special resolution authorizing the change of name of the Corporation from Twenty20 Investments Inc. to “Legible Inc.” or such other name as the Corporation’s board of directors may, in its sole discretion, determine to be appropriate, the full text of which is set forth in the Management Information Circular.

7. Continuation

To approve the continuance (the “ Continuance ”) of the Corporation from the Province of Alberta into the Province of British Columbia and to adopt Articles, pursuant to the provisions of the Business Corporations Act (British Columbia), and repeal the existing by-laws of the Corporation in connection with the Continuance, the full text of which is set forth in the Management Information Circular.

8. CSE Listing

To consider and, if deemed appropriate, to pass, with or without variation, an ordinary resolution of shareholders, exclusive of the votes of non-arm’s length parties of the Company, approving the listing of the common shares of the Company on the Canadian Securities Exchange, conditional upon the completion of the Legible Transaction, as more fully described in the Information Circular

9. To transact such other business as may properly come before the Meeting or any adjournment or adjournments thereof.

Form of Proxy – 2021 Annual General Meeting of Shareholders to be held in the Boardroom at Suite 610, 1414 8th St SW, Calgary, Alberta on February 9, 2021, at the hour of 10:00 a.m. (Calgary time), or by way of videoconference using Zoom Videoconferencing using the Meeting ID 83173017326 and Passcode 043207, and any adjournments or postponements thereof.

NOTES:

1. Each shareholder has the right to appoint a proxy, other than the persons designated above, who need not be a shareholder, to attend and act and vote for him or her and on his or her behalf at the Meeting. To exercise such right, the name of the shareholder's appointee should be legibly printed in the blank space provided. The person appointed proxy must be present at the Meeting to vote.

HOW TO VOTE

MAIL OR FAX

  • Complete and return your signed Proxy in the envelope provided or send to:

    • [th] Avenue SW
  • You may alternatively e-mail your Proxy to [email protected]

An undated Proxy is deemed to be dated on the day it was mailed by management of the Corporation to the Shareholder.

2. If the shareholder is a corporation, its corporate seal must be affixed or this Form of Proxy must be signed by an officer or attorney thereof duly authorized.

3. This Form of Proxy must be dated and signed by the shareholder, or by his or her attorney authorized in writing, and the signature hereon should be exactly the same as the name in which the shares are registered. If this Form of Proxy is undated, it will be deemed to be dated the date on which it was mailed by management of the Corporation to the shareholder.

All PROXIES must be received by 10:00 a.m. (Calgary time), on the second business day preceding the day of the Meeting.

4. Persons signing this Form of Proxy as executors, administrators, trustees, etc. should so indicate and give their full title as such.

5. This Form of Proxy will not be valid and not be acted upon or voted unless it is completed as outlined herein and submitted to EnerNext Counsel any time up to 10:00 a.m. (Calgary time) on the second business day preceding the day of the Meeting (the " Proxy Deadline ").

6. If you appoint a proxy holder and submit your voting instructions and subsequently wish to change your appointment or voting instructions you may resubmit your proxy, any time up to the Proxy Deadline. When resubmitting a proxy, the latest proxy will be recognized as the only valid one, and all previous proxies submitted will be disregarded and considered as revoked, provided that your latest proxy is submitted any time up to the Proxy Deadline.

7. For further information, see the Information Circular.

8. A Form of Proxy is valid only at the meeting in respect of which it is given or any adjournment(s) or postponement(s) of that meeting.

I/We authorize you to act in accordance with my/our instructions set out above. I/We hereby revoke any instructions previously given with respect to the Meeting. If no voting instructions are indicated above, this Proxy will be voted FOR a matter by Management’s appointees or, if you appoint another person, as that other person sees fit. On any amendments or variations proposed or any new business submitted properly before the Meeting, I/We authorize you to vote as you see fit.

______________________________ _____________________ Signature(s) Date


Please sign exactly as your name(s) appear below. Please see reverse for additional instructions. All Proxies must be received by no later than 10:00 a.m. (Calgary time) on the second business day preceding the day of the Meeting.

9. The proxyholder has discretionary authority on any amendments or variations to the matters set forth herein and any other matters that may properly come before the meeting. As at January 18, 2021, management of the Corporation was not aware that any such amendments, variations or other matters that are to be presented at the meeting.