TORONTO, May 14, 2014 /CNW/ - Chemtrade Logistics Income Fund (TSX: CHE.UN) announced results for matters voted on at the Fund's Annual Meeting of Unitholders held in Toronto on May 14, 2014. A total of 31,631,006 Units, or 52.69% 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 2014 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|
|Lucio Di Clemente||30,148,008||98.60||429,259||1.40|
Appointment of Auditors
On a vote by show of hands, Unitholders approved the re-appointment of KPMG LLP, Chartered Accountants, as auditors of the Fund and authorized the Trustees to fix the auditor's remuneration:
|Votes For||% For||Votes Withheld||% Withheld|
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, inorganic coagulants for water treatment, liquid sulphur dioxide, sodium nitrite and sodium hydrosulphite. Chemtrade is a leading processor of spent acid as well as a leading regional supplier of sulphur, sodium chlorate, phosphorus pentasulphide, and zinc oxide. Additionally, Chemtrade provides industrial services such as processing by-products and waste streams.
SOURCE: Chemtrade Logistics Income Fund
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Tel: (416) 496-4176
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Tel: (416) 496-4177