TSX Symbol: HNL
CALGARY, May 9, 2014 /CNW/ - Horizon North Logistics Inc. ("Horizon" or the "Corporation") today announced the final voting results from its 2014 annual and special meeting of shareholders held on April 30, 2014.
FIX NUMBER OF DIRECTORS
By vote by way of a show of hands, the number of directors of the Corporation to be elected at the Annual and Special Meeting of Shareholders held on April 30, 2014, were fixed at Seven (7).
|Votes For||86,469,353||% Votes For||99.99%|
|Votes Against||6,438||% Votes Against||0.01%|
ELECTION OF DIRECTORS
A ballot was conducted with respect to the election of the directors to hold office until the next annual meeting of shareholders. According to the proxies received and ballots cast, the following directors were elected to hold office until the next annual meeting of shareholders or until their successors are elected or appointed, unless such office is earlier vacated in accordance with the by-laws of the Corporation:
|Nominee||# Votes For||% Votes For||# Votes Withheld||% Votes Withheld|
|Dale E. Tremblay||81,262,854||94.33||4,886,603||5.67|
APPOINTMENT OF THE AUDITOR
By vote by way of a show of hands, KPMG LLP, Chartered Accountants were appointed Auditor of the Corporation.
|Votes for||86,166,523||% Votes For||99.65 %|
|Votes against||299,269||% Votes Against||0.35%|
APPROVAL OF UNALLOCATED STOCK OPTIONS
A ballot was conducted with respect to the approval of an ordinary resolution approving unallocated stock options under the Corporation's stock option plan, which approval is required by Shareholders every three years, as more fully described in the Management Information Circular and Proxy Statement prepared for the Annual and Special Meeting of the Shareholders of April 30, 2014, as greater than 5% of the common shares were voted by proxy against this resolution. According to the proxies received and ballots cast, the unallocated stock options under the Corporation's stock option plan were approved.
|Votes for||52,551,280||% Votes For||60.96%|
|Votes against||33,654,678||% Votes Against||39.04%|
| Total votes cast by
Additional information related to the Corporation, including the Corporation's annual information form, press releases, financial statements, and MD&A are available on SEDAR at www.sedar.com.
SOURCE: Horizon North Logistics Inc.
For further information:
Please contact Bob German, President and Chief Executive Officer or Scott Matson, Vice President Finance and Chief Financial Officer, 1600, 505 - 3rd Street S.W., Calgary, Alberta T2P 3E6; Telephone: (403) 517 - 4654; Fax: (403) 517 - 4678; Website: www.horizonnorth.ca