Canfor Pulp Announces Voting Results for the Election of Directors

VANCOUVER, May 2, 2016 /CNW/ - Canfor Pulp Products Inc. (TSX:CFX) announced, in accordance with Toronto Stock Exchange requirements, the voting results from its Annual General Meeting held Wednesday, April 27, 2016 in Prince George, British Columbia.

A total of 57,524,398 common shares were voted at the meeting representing 83.46% of the votes attached to all outstanding shares.  Shareholders voted in favour of all items of business before the meeting, including the election of all director nominees as follows:

Director

Votes For

Percentage of Votes
For

Peter J.G. Bentley

54,773,518

95.67%

Stan E. Bracken-Horrocks

55,113,296

96.26%

Charles J. Jago

56,635,478

98.92%

Michael J. Korenberg

55,124,432

96.28%

Conrad A. Pinette

57,026,814

99.60%

William W. Stinson

56,333,909

98.39%

John R. Baird

57,095,982

99.72%

 

Detailed voting results for the meeting are available on SEDAR at www.sedar.com.  The vote on the election of directors was conducted by a show of hands.  The above figures are based on proxies voted for and percentage of votes for at the meeting.

Forward Looking Statements

Certain statements in this press release constitute "forward-looking statements" which involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results, performance or achievements expressed or implied by such statements.  Words such as "expects", "anticipates", "projects", "intends", "plans", "will", "believes", "seeks", "estimates", "should", "may", "could", and variations of such words and similar expressions are intended to identify such forward-looking statements.  These statements are based on management's current expectations and beliefs and actual events or results may differ materially.  There are many factors that could cause such actual events or results expressed or implied by such forward-looking statements to differ materially from any future results expressed or implied by such statements.  Forward-looking statements are based on current expectations and the Company assumes no obligation to update such information to reflect later events or developments, except as required by law.

CPPI is a leading global supplier of pulp and paper products with operations in the central interior of British Columbia ("BC") employing approximately 1,300 people throughout the organization.  Canfor Pulp owns and operates three mills in Prince George, BC with a total capacity of 1.1 million tonnes of Premium Reinforcing Northern Bleached Softwood Kraft Pulp and 140,000 tonnes of kraft paper, as well as one mill in Taylor, BC with an annual production capacity of 220,000 tonnes of Bleached Chemi-Thermo Mechanical Pulp ("BCTMP").  Canfor Pulp is the largest North American and one of the largest global producers of market NBSK Pulp.  CPPI shares are traded on the Toronto Stock Exchange under the symbol CFX.

SOURCE Canfor Pulp Products Inc.

Image with caption: "Canfor Pulp Products Inc. (CNW Group/Canfor Pulp Products Inc.)". Image available at: http://photos.newswire.ca/images/download/20160502_C7319_PHOTO_EN_680012.jpg

For further information: Media Contact: Corinne Stavness, Senior Director, External Affairs and Communications, (604) 661-5225, Corinne.Stavness@canfor.com; Investor Contact: Pat Elliott, Vice President and Treasurer, (604) 661-5441, Patrick.Elliott@canfor.com


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