Covalon Announces Voting Results from 2019 Annual and Special Meeting of Shareholders
Shareholders voted in favour of all items of business and each was approved by the requisite number of votes. The matters included the election of the board of directors, the appointment of auditors, and the approval of the Company’s amended and restated stock option plan. The total number of shares represented, either in person or by proxy, totaled 10,594,797 or 47.73%. The voting results are detailed below.
1) Election of the Board of Directors:
|Name of Nominee||Votes FOR||%||Votes WITHHELD||%|
2) The Appointment of the Auditor:
|Votes FOR||%||Votes WITHHELD||%|
3) The Approval of the Company’s Amended and Restated Stock Option Plan:
|Votes FOR||%||Votes AGAINST||%|
|Amended and Restated Stock Option Plan||9,979,356||98.678%||133,690||1.322%|
Final voting results of all matters voted on at the meeting will be
filed on SEDAR at www.sedar.com
and further details of the voted matters can be found in the Company’s
management information circular with a record date of
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains forward-looking statements which reflect the Company's current expectations regarding future events. The forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "plan, "estimate", "expect", "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions. These forward-looking statements involve risk and uncertainties, including completion of integration of the AquaGuard acquisition, the difficulty in predicting product approvals, acceptance of and demands for new products, the impact of the products and pricing strategies of competitors, delays in developing and launching new products, the regulatory environment, fluctuations in operating results and other risks, any of which could cause results, performance, or achievements to differ materially from the results discussed or implied in the forward-looking statements. Many risks are inherent in the industry; others are more specific to the Company. Investors should consult the Company's ongoing quarterly filings for additional information on risks and uncertainties relating to these forward-looking statements. Investors should not place undue reliance on any forward-looking statements. The Company assumes no obligation to update or alter any forward-looking statements whether as a result of new information, further events or otherwise.