Chemtrade announces voting results from 2013 Annual Meeting

TORONTO, May 17, 2013 /CNW/ - Chemtrade Logistics Income Fund (TSX: CHE.UN) today announced results for matters voted on at the Fund's Annual Meeting of Unitholders held in Toronto on May 16, 2013. A total of 19,384,206 Units, or 46.52% of the Fund's issued and outstanding Units, were voted in connection with the annual meeting.

Election of Trustees
On a vote by show of hands, all nominees listed in the management information circular for the 2013 Annual Meeting, being the five incumbents with the addition of CEO Mark Davis as a sixth Trustee, were elected as Trustees of the Fund. Detailed results of the vote for the election of Trustees are set out below:

Nominees Votes For % For Votes Withheld  % Withheld
David Colcleugh       14,867,434       83.98%       2,835,122       16.02%
Mark Davis       17,555,477       99.17%       147,079       0.83% 
Lucio Di Clemente       17,445,712       98.55%       256,844       1.45%
David Gee       17,447,007       98.56%       255,549       1.44%
Susan McArthur       17,445,282       98.55%       257,274       1.45%
Lorie Waisberg       16,303,511       92.10%       1,399,045       7.90%

Appointment of Auditors
On a vote by show of hands, Unitholders approved the appointment of KPMG LLP, Chartered Accountants, as auditors of the Fund:

Votes For % For Votes Withheld  % Withheld
19,057,752       98.53%     284,712      1.47%

Chemtrade operates a diversified business providing industrial chemicals and services to customers in North America and around the world. Chemtrade is one of North America's largest suppliers of sulphuric acid, liquid sulphur dioxide and sodium hydrosulphite, and a leading processor of spent acid. Chemtrade is also a leading regional supplier of sulphur, sodium chlorate, phosphorous pentasulphide, zinc oxide, and water treatment chemicals. Chemtrade also provides industrial services such as processing hydrogen sulphide and other by-products and waste streams.

 

SOURCE: Chemtrade Logistics Income Fund

For further information:

Mark Davis 
President & CEO    
Tel: (416) 496-4176

Rohit Bhardwaj 
Vice President, Finance & CFO
Tel: (416) 496-4177


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