Colabor Group reports on shareholders' voting results for the election of directors

BOUCHERVILLE, QC, May 1, 2014 /CNW Telbec/ - Colabor Group Inc. (TSX: GCL) ("Colabor" or the "Corporation") held its Annual and Special Meeting of shareholders earlier today. All candidates proposed as directors were duly elected to the Board of Directors of Colabor by a majority of the votes cast by shareholders present or represented by proxy at the Meeting, as follows:

         
Name For Withheld
Number % Number %
Alain Brisebois 13,951,115 98.97% 144,875 1.03%
Robert Cloutier 13,962,887 99.06% 133,103 0.94%
Stéphane Gonthier 11,259,907 79.88% 2,836,083 20.12%
Jacques Landreville 13,966,081 99.08% 129,909 0.92%
Richard Lord 13,453,991 95.45% 641,999 4.55%
Robert Panet-Raymond 13,968,481 99.10% 127,509 0.90%
Paul Webb 11,272,957 79.97% 2 823,033 20.03%

Shareholders present or represented by proxy at the Meeting also voted 62.07% and 62.18%, respectively, in favour of special resolutions concerning the approval of unallocated options under the Corporation's Stock Option Plan and the ratification and confirmation of certain option grants.

ABOUT COLABOR
Colabor is a wholesaler and distributor of food and non-food products serving the retail market (grocery stores, convenience stores, etc.) and the foodservice market (cafeterias, restaurants, hotels, restaurant chains), in Quebec, Ontario and the Atlantic provinces.

FORWARD-LOOKING STATEMENTS
This news release may contain forward-looking statements reflecting the opinions or current expectations of Colabor Group Inc. concerning its performance and business operations and future events. These statements are subject to risks, uncertainties and assumptions. Actual results or events may differ. 

SOURCE Colabor

For further information:

Investors:
Colabor Group Inc.
Jean-François Neault, CPA, CMA, MBA
Vice-President and Chief Financial Officer
Tel. 450-449-0026 ext. 308
Fax 450-449-6180
jean-francois.neault@colabor.com

Media:
Maison Brison Inc.
Martin Goulet, CFA
Senior Vice-President, Investor Relations
Tel. 514-731-0000 ext. 229
Fax 514-731-4525
martin@maisonbrison.com