Counsel Corporation Announces Election of Directors

TORONTO, June 18, 2014 /CNW/ - Counsel Corporation (TSX: CXS) (the "Corporation") announced that the nominees listed in the management information circular for the 2014 Annual and Special Meeting of Shareholders were elected as directors of the Corporation. Detailed results of the votes by proxy for the election of directors held at the Annual and Special Meeting of Shareholders on June 17, 2014 in Toronto are set out below.

Nominee Votes For % For Votes
Withheld
% Withheld
Allan Silber 27,123,118 99.64% 98,025 0.36%
Ronald Appleby 27,153,068 99.75% 68,075 0.25%
Tibor Donath 27,153,732 99.75% 67,411 0.25%
Philip Reichmann 27,150,918 99.74% 70,225 0.26%
Barry Rotenberg 27,159,918 99.78% 61,225 0.22%
Paul Vessey 27,148,068 99.73% 73,075 0.27%

About Counsel Corporation (www.counselcorp.com)
Counsel Corporation (TSX: CXS) is a financial services company operating in residential mortgage lending through its wholly owned subsidiary Street Capital Financial Corporation, one of the largest non-bank mortgage lenders in Canada.

SOURCE Counsel Corporation

For further information:

Counsel Corporation
Stephen Weintraub
EVP, Secretary & CFO
saw@counselcorp.com
Tel: (416) 866-3058

TMX Equicom
Renée Lam
rlam@tmxequicom.com
Tel: (416) 815-0700 ext. 258