Draxos Capital Corp. Announces Results of the 2024 Annual General Meeting of Shareholders

Toronto, Ontario--(Newsfile Corp. - July 16, 2024) - DRAXOS CAPITAL CORP. (TSXV: DRAX.P) (the "Corporation"), a capital pool company, announces the results of its annual general meeting held on July 16, 2024 (the "Meeting"). At the Meeting, all matters presented by management were duly approved and authorized by the Corporation's shareholders, which included: (i) the re-appointment of Segal GCSE LLP as auditors of the Corporation for the ensuing year; (ii) the election of all of the directors of the Corporation, being Gregory Prekupec, Jason Atkinson, Campbell Becher and William Kanters; and (iii) the approval of the Corporation's rolling stock option plan, subject to the approval of the TSX Venture Exchange. A total of 1,350,334 shares voted in favor of all matters and nil voted against, for each of the resolutions at the Meeting.

NEITHER 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.

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