Bird Construction Inc. Announces the Adoption of a Framework for Advance Notice of Nominations of Directors


TORONTO, Dec. 22, 2015 /CNW/ - Bird Construction Inc. (TSX: BDT) ("Bird" or the "Corporation") announces the adoption by its Board of Directors of By-law No. 3 of the Corporation (the "Advance Notice By-Law") establishing a framework for advance notice of nominations of directors by the shareholders of Bird. Among other things, the Advance Notice By-Law fixes deadlines by which shareholders must submit a notice of director nominations to Bird prior to any annual or special meeting of shareholders where directors are to be elected and sets out the information that a shareholder must include in the notice. No person will be eligible for election as a director of the Company unless nominated in accordance with the provisions of the Advance Notice By-Law.

The Advance Notice By-Law provides a transparent process for shareholders to follow for the nomination of directors and sets out a reasonable time frame for the submission of nominees and the accompanying information. The Advance Notice By-law will help to ensure that shareholders can exercise their voting rights in an informed manner, similar to the advance notice by-laws adopted by many other Canadian public companies.

The Advance Notice By-law is effective immediately. Shareholders will be asked to ratify and confirm the Advance Notice By-Law at the next meeting of shareholders. The full text of the Advance Notice By-law will be available under Bird's profile at

This press release contains forward-looking statements that involve a number of risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. Many factors could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements.

The Toronto Stock Exchange does not accept responsibility for the adequacy or accuracy of this release.

SOURCE Bird Construction Inc.

For further information: I.J. Boyd, President & CEO or S.R. Entwistle, CFO, Bird Construction Inc., 5700 Explorer Drive, Suite 400, Mississauga, ON L4W 0C6, Phone: (905) 602-4122, Fax: (905) 602-1516


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