Chemtrade Announces Voting Results From 2016 Annual and Special Meeting

TORONTO, May 13, 2016 /CNW/ - Chemtrade Logistics Income Fund (TSX: CHE.UN) today announced results for matters voted on at the Fund's Annual and Special Meeting of Unitholders held in Toronto on May 12, 2016. A total of 41,834,026 Units, or 60.57% 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 2016 Annual Meeting, 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

40,426,745

98.93

436,641

1.07

Mark Davis

40,680,241

99.55

184,745

0.45

Lucio Di Clemente

40,444,597

98.97

420,389

1.03

David Gee

40,552,410

99.24

312,576

0.76

Susan McArthur

40,327,261

98.68

537,725

1.32

Katherine Rethy

40,333,510

98.70

531,236

1.30

Lorie Waisberg

38,444,079

94.08

2,420,907

5.92

Appointment of Auditors
On a vote by show of hands, Unitholders approved the re-appointment of KPMG LLP, Chartered Professional Accountants, as auditors of the Fund and authorized the Trustees to fix the auditors' remuneration:

Votes For

% For

Votes Withheld

% Withheld

41,303,479

98.78

511,209

1.22

Amendments to Declaration of Trust
On a vote by show of hands, Unitholders approved certain amendments to the Declaration of Trust designed to further align the Declaration of Trust with evolving governance and practices.


Votes For

% For

Votes Against

% Against

40,687,092

99.56

177,894

0.44

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, spent acid processing services, inorganic coagulants for water treatment, liquid sulphur dioxide, sodium nitrite, sodium hydrosulphite and phosphorus pentasulphide.  Chemtrade is a leading regional supplier of sulphur, sodium chlorate, potassium chloride, and zinc oxide.  Additionally, Chemtrade provides industrial services such as processing 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

RELATED LINKS
http://www.chemtradelogistics.com

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