AVANTE CORP. ANNOUNCES ELECTION OF DIRECTORS AND RESULTS OF 2023 ANNUAL GENERAL AND SPECIAL MEETING

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Toronto, Ontario, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Avante Corp. (TSX.V: XX) ("Avante" or the "Company") is pleased to announce that the nominees set forth in the Company's management information circular dated August 28, 2023 (the "Circular"), being Daniel Argiros, Wade Burton, Robert Klopot, Emmanuel Mounouchos and Bruce Bronfman, were elected as directors of the Company at the annual general and special meeting of shareholders held today (the "Meeting"). Each of the directors elected at the Meeting will hold office until the next annual general meeting of the Company or until their earlier resignation or removal.

At the Meeting, shareholders also approved the re-appointment of RSM Canada LLP as the auditor of the Company for the 2023 fiscal year, and the ratification of the Company's stock option plan. Further information with respect to the matters considered at the Meeting can be found in the Circular, which is available under Avante's issuer profile at www.sedarplus.ca.

About Avante Corp.

Avante Corp. XX is a Toronto based provider of high-end security services. We acquire, manage and build industry leading businesses which provide specialized, mission-critical solutions that address the needs of our customers. Our businesses continuously develop innovative solutions that enable our customers to achieve their objectives. With an experienced team and a proven track record of solid growth, we are taking steps to establish a broad portfolio of security businesses to provide our customers and shareholders with exceptional returns. Please visit our website at www.avantecorp.ca and consider joining our investor email list.

Avante Corp.

Emmanuel Mounouchos
CEO
416 923 6984
manny@avantesecurity.com

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