REGINA, Aug. 20, 2014 /CNW/ - Input Capital Corp. ("Input") (INP.V) (INPCF) is pleased to announce that at the Annual and Special Meeting of Shareholders held August 19, 2014 (the "Meeting"), Input's shareholders elected the incumbent board of directors, being Mr. Doug Emsley, Mr. Brad Farquhar, Mr. David A. Brown, Dr. Lorne Hepworth and Mr. David Laidley. Input also reports the resolutions appointing Deloitte LLP as auditors for Input, approving the continuation of Input's stock option plan, and ratifying the amendment to Input's bylaws were all approved.
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Input is an agriculture commodity streaming company with a focus on canola, the largest and most profitable crop in Canadian agriculture. Input enters into multi-year canola streaming contracts with canola farmers in western Canada. Pursuant to the streaming contract, Input purchases a fixed portion of the canola produced, at a fixed price, for the duration of the term of the contract. Input is a non-operating farming company with a diversified portfolio of canola streams, all of which produce canola and revenue for Input within a year of being signed. Input plans to grow and diversify its low cost canola production profile through entering into additional canola streaming contracts with farmers across western Canada.
Input is focused on farmers with quality production profiles, excellent upside yield potential, and strong management teams. Input has multi-year canola streams with twenty farmers located across Alberta and Saskatchewan.
Forward Looking Statements
This may release include forward-looking statements regarding Input and its business. Such statements are based on the current expectations and views of future events of Input's management. In some cases the forward-looking statements can be identified by words or phrases such as "may", "will", "expect", "plan", "anticipate", "intend", "potential", "estimate", "believe" or the negative of these terms, or other similar expressions intended to identify forward-looking statements. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of known and unknown risk factors and uncertainties affecting Input, including risks regarding the agricultural industry, economic factors and the equity markets generally and many other factors beyond the control of Input. No forward-looking statement can be guaranteed. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Accordingly, readers should not place undue reliance on any forward-looking statements or information. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and Input undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
SOURCE: Input Capital Corp.
For further information: Doug Emsley, Chairman, President and Chief Executive Officer, 306.347.1024, [email protected]