AutoCanada Inc. Announces Voting Results

EDMONTON, May 9, 2017 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) is pleased to announce that all resolutions were passed at its Annual General Meeting on May 5, 2017 in Edmonton. A total of 16,363,637 common shares (representing 59.59% of the issued and outstanding common shares) were represented in person or by proxy at the meeting. Shareholders voted for the following seven nominees to be duly elected as directors of the Company for the ensuing year or until their successors are duly elected or appointed.

Nominee

Votes For

% For

Votes Withheld

% Withheld

Gordon R. Barefoot

16,197,751

99.88%

18,763

0.12%

Michael H. Ross

14,077,496

86.81%

2,139,018

13.19%

Dennis DesRosiers

16,095,535

99.25%

120,979

0.75%

Barry L. James

16,072,585

99.11%

143,929

0.89%

Maryann N. Keller

16,090,233

99.22%

126,281

0.78%

Arlene Dickinson

16,192,034

99.85%

24,480

0.15%

Steven J. Landry

16,195,911

99.87%

20,603

0.13%

About AutoCanada

AutoCanada is one of Canada's largest multi-location automobile dealership groups, currently operating 57 franchised dealerships, comprised of 65 franchises, in eight provinces and has over 4,250 employees. AutoCanada currently sells Chrysler, Dodge, Jeep, Ram, FIAT, Chevrolet, GMC, Buick, Cadillac, Infiniti, Nissan, Hyundai, Subaru, Mitsubishi, Audi, Volkswagen, Kia, Mercedes-Benz, BMW and MINI branded vehicles. In 2016 with $2.9 billion in revenue, our dealerships sold approximately 60,000 vehicles and processed approximately 864,000 service and collision repair orders in our 928 service bays.

Additional information about AutoCanada Inc. is available at www.sedar.com and the Company's website at www.autocan.ca.

SOURCE AutoCanada Inc.

For further information: Christopher Burrows, Senior Vice-President & Chief Financial Officer, Phone: 780.509.2808, Email: cburrows@autocan.ca

RELATED LINKS
www.autocan.ca

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