Firan Technology Group Announces Results of AGM
April 25 2014 - 5:05PM
Marketwired Canada
Firan Technology Group Corporation (TSX:FTG) ("FTG" or the "Corporation") today
announced the results of its annual general meeting of shareholders ("AGM"),
held in Toronto, Ontario on April 23, 2014. The Corporation is pleased to report
that each of the director nominees listed in its management information circular
dated March 14, 2014 were elected as directors of FTG. The directors have been
elected to serve until the close of the next annual meeting of shareholders. The
detailed results of the vote for the election of directors of FTG are set out
below.
Each of the following six director nominees proposed by management was elected
as a director of FTG:
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Nominee Votes For % Votes For Votes Withheld % Votes
Withheld
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Robert J. Beutel 11,218,195 99.99% 250 0.01%
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Bradley C. Bourne 11,218,445 100% 0 0%
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Edward C. Hanna 11,217,873 99.99% 572 0.01%
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Raymond G. Harris 11,218,445 100% 0 0%
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David F. Masotti 11,218,445 100% 0 0%
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David J. McLeish 11,218,445 100% 0 0%
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In addition, at the AGM, the shareholders also approved reappointing Ernst &
Young LLP, Chartered Accountants, as the Corporation's auditor and authorizing
the directors to fix the auditor's remuneration. For more information on these
matters, please refer to FTG's management information circular dated March 14,
2014, available on SEDAR at www.sedar.com.
ABOUT FIRAN TECHNOLOGY GROUP CORPORATION
FTG is an aerospace and defense electronics product and subsystem supplier to
customers around the globe. FTG has two operating units:
FTG Circuits is a manufacturer of high technology, high reliability printed
circuit boards. Our customers are leaders in the aviation, defense, and high
technology industries. FTG Circuits has operations in Toronto, Ontario,
Chatsworth, California and a joint venture in Tianjin, China.
FTG Aerospace manufactures illuminated cockpit panels, keyboards and
sub-assemblies for original equipment manufacturers of aerospace and defense
equipment. FTG Aerospace has operations in Toronto, Ontario, Chatsworth,
California and Tianjin, China.
The Corporation's shares are traded on the Toronto Stock Exchange under the
symbol FTG.
FORWARD-LOOKING STATEMENTS
This news release contains certain forward-looking statements. These
forward-looking statements are related to, but not limited to, FTG's operations,
anticipated financial performance, business prospects and strategies.
Forward-looking information typically contains words such as "anticipate",
"believe", "expect", "plan" or similar words suggesting future outcomes. Such
statements are based on the current expectations of management of the
Corporation and inherently involve numerous risks and uncertainties, known and
unknown, including economic factors and the Corporation's industry, generally.
The preceding list is not exhaustive of all possible factors. Such
forward-looking statements are not guarantees of future performance and actual
events and results could differ materially from those expressed or implied by
forward-looking statements made by the Corporation. The reader is cautioned to
consider these and other factors carefully when making decisions with respect to
the Corporation and not place undue reliance on forward-looking statements.
Other than as may be required by law, FTG disclaims any intention or obligation
to update or revise any such forward-looking statements, whether as a result of
new information, future events or otherwise.
FOR FURTHER INFORMATION PLEASE CONTACT:
Firan Technology Group Corporation
Bradley C. Bourne
President and CEO
(416) 299-4000 x314
bradbourne@ftgcorp.com
Firan Technology Group Corporation
Joseph R. Ricci
Vice President and CFO
(416) 299-4000 x309
joericci@ftgcorp.com
www.ftgcorp.com
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