HOUSTON, TX, June 12, 2013 /CNW/ - Northstar Healthcare Inc. (NHC:TSX)
("Northstar") today announced the voting results from its annual
shareholder meeting held on June 11, 2013 (the "Meeting"). The
Company's Shareholders elected Donald Kramer, Harry Fleming, Douglas
Samuelson, Daniel Steinberg, James Springfield, Jennifer Pfahler, and
Richard Ganley as directors of the Company.
In addition to the election of directors, the shareholders voted in
favor of resolutions approving the reappointment of Calvetti, Ferguson,
and Wagner as the Company's auditors and approving an amendment to the
Company's stock option plan that increased the number of options
available to 20% of issued and outstanding Northstar common shares.
The amendment did not affect the insider participate limit.
In addition, on June 3, 2013 the Company granted stock options with a
strike price of $.30 (Cdn) to Harry Fleming in the amount of 500,000
options, to Kenneth Efird in the amount of 500,000 options, to Matthew
Maruca in the amount of 100,000 options and to Daniel Nguyen in the
amount 50,000 options.
For more information on the directors and resolutions, please see the
Company's most recent management information circular which is filed
under the Company's profile on SEDAR at www.sedar.com.
About Northstar Healthcare Inc.
Northstar partners with physicians in the ownership and management of
ambulatory facilities and healthcare services. Northstar owns and
manages interests in three ambulatory surgery centers, two in Houston
and the third in Dallas.
This news release may contain forward-looking statements (within the
meaning of applicable securities laws) relating to business of
Northstar Healthcare Inc. (the "Company") and the environment in which
it operates. Forward-looking statements are identified by words such as
"believe", "anticipate", "expect", "intend", "plan", "will", "may" and
other similar expressions. These statements are based on the Company's
expectations, estimates, forecasts and projections. They are not
guarantees of future performance and involve risks and uncertainties
that are difficult to control or predict. These risks and uncertainties
are discussed in the Company's regulatory filings available on the
Company's web site at www.Northstar-Healthcare.com or at www.sedar.com. There can be no assurance that forward-looking statements will prove
to be accurate as actual outcomes and results may differ materially
from those expressed in these forward-looking statements. Readers,
therefore, should not place undue reliance on any such forward-looking
statements. Further, a forward-looking statement speaks only as of the
date on which such statement is made. The Company undertakes no
obligation to publicly update any such statement or to reflect new
information or the occurrence of future events or circumstances.
SOURCE: Northstar Healthcare Inc.
For further information:
Tel: (713) 840-5180