MILL VALLEY, CA, June 29, 2015 /CNW/ - POYDRAS GAMING FINANCE CORP. (TSX-V: PYD) ("Poydras" or the "Company") today announced that all proposals were passed at the Company's annual and special meeting held on June 18, 2015.
At the June 18, 2015 meeting, shareholders elected the following directors: David Danziger, Daniel Davila, Prakash Hariharan, Peter Macy, Robert Miodunski, and Kim Oishi. Shareholders also voted in favor of the appointment of KPMG LLP as the Company's auditors and authorized the directors to fix their remuneration.
In other Company business, shareholders approved the adoption of the Company's Fixed Share Option Plan and Fixed Restricted Share Unit Plan. Shareholders also approved the continuance of the Company from the Business Corporations Act, RSO 1990, cB.16 (Ontario) to the Business Corporations Act (British Columbia), and the adoption of new Articles of the Company. Details of the Company's Fixed Share Option Plan and Fixed Restricted Share Unit Plan and the corporate jurisdiction continuance are set out in the Company's Management Information Circular dated May 21, 2015 and filed on the SEDAR website at www.sedar.com.
About Poydras Gaming Finance Corp.
Poydras Gaming is focused on leasing and financing gaming machines (such as slot machines) and related capital expenditures for existing casinos, new casino developments and gaming machine suppliers in the United States. It owns and finances slot machines including long-term lease contracts across six casinos in Oklahoma and a financing agreement with a gaming machine supplier based out of California. Additional information about the Company can be found on the SEDAR website at www.sedar.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Poydras Gaming Finance Corp.
For further information: Robert Kelly, Investor Relations, TMX Equicom, T: 416.815.0700 ext. 253, E: email@example.com or Peter Macy, CEO, Poydras Gaming Finance Corp., T: (604) 683-8393, E: firstname.lastname@example.org