CALGARY, May 15, 2014 /CNW/ - Genesis Land Development Corp. (TSX: GDC) (the "Corporation" or "Genesis") is pleased to report that at its annual general meeting of shareholders held on May 15, 2014 that each of the nominees proposed by management as a director of the Corporation were elected as directors of the Corporation.
The detailed results of the vote by ballot are as follows:
|Nominee||Votes For||Votes Withheld|
|Yazdi J. Bharucha||23,156,359||78.55%||6,324,784||21.45%|
|Steven J. Glover||23,501,436||79.72%||5,979,707||20.28%|
|Mark W. Mitchell||22,228,211||75.40%||7,252,932||24.60%|
Genesis is an integrated, award-winning land developer and residential homebuilder, creating innovative and successful communities in the Calgary Metropolitan Area. Genesis is committed to supporting its communities through partnerships like the Genesis Centre of Community Wellness and Genesis Place Recreational Centre. Genesis owns a large portfolio of entitled residential and mixed-use land, which is exceptionally well positioned to benefit from the continued robust activity in the Alberta economy. The Corporation's common shares are listed on the Toronto Stock Exchange (TSX: GDC).
SOURCE: Genesis Land Development Corp.
For further information:
Bruce Rudichuk, President & Chief Executive Officer
Mark Scott, Executive Vice-President & Chief Financial Officer
7315 - 8 Street NE Calgary AB T2E 8A2
P: 403-265-8079 TF: 800-341-7211 F: 403-266-0746