Carmanah Announces Results of Annual General Meeting
June 22 2018 - 8:44PM
Carmanah Technologies Corporation (TSX:CMH) (“Carmanah” or the
“Corporation”) today announced the voting results from its annual
general meeting held on June 22, 2018. The shareholders voted
on and approved to set the number of directors of the Corporation
at four, the election of the directors of the Corporation, and the
reappointment of KPMG LLP, Chartered Professional Accountants as
auditors of the Corporation.
The voting results were as follows:
Nominee |
|
Votes For |
|
Votes Withheld |
|
|
|
|
|
|
|
|
|
# |
% |
|
# |
% |
|
|
|
|
|
|
|
Number
of Directors |
|
10,663,224 |
99.93% |
|
7,027 |
0.07% |
|
|
|
|
|
|
|
Election of Directors |
|
|
|
|
|
|
|
|
|
|
|
|
|
John
Simmons |
|
10,375,901 |
97.24% |
|
294,350 |
2.76% |
|
|
|
|
|
|
|
Terry
Holland |
|
10,668,193 |
99.98% |
|
2,058 |
0.02% |
|
|
|
|
|
|
|
James
Meekison |
|
10,667,193 |
99.97% |
|
3,058 |
0.03% |
|
|
|
|
|
|
|
Sara
Elford |
|
10,669,065 |
99.99% |
|
1,186 |
0.01% |
|
|
|
|
|
|
|
Appointment of Auditors |
10,882,229 |
99.92% |
|
8,259 |
0.08% |
|
|
|
|
|
|
|
About Carmanah Technologies
Corporation
Carmanah designs, develops and distributes a
portfolio of products focused on energy optimized LED solutions for
infrastructure. Since 1996, we have earned a global reputation for
delivering durable, dependable, efficient and cost-effective
solutions for industrial applications that perform in some of the
world’s harshest environments. We manage our business within two
reportable segments: Signals and Illumination. The Signals segment
serves the Airfield Ground Lighting, Aviation Obstruction, Offshore
Wind, Marine, Traffic and Telematics markets. The
Illumination segment provides solar powered LED outdoor lights for
municipal and commercial customers.
Contact Carmanah Technologies Corporation: Evan
Brown, (250) 380-0052 Chief Financial Officer/Corporate Secretary
investors@carmanah.com
This release may contain forward-looking statements. Often, but
not always, forward-looking statements can be identified by the use
of words such as “expects,” “estimates,” “could,” “will” or
variations of such words and phrases. Forward-looking statements or
information in this news release relate to, among other things:
revenues, and revenue growth, for the first quarter of 2018; order
backlogs; gross margins; and estimates of EBITDA and Adjusted
EBITDA. Forward-looking statements involve known and unknown risks,
uncertainties, and other factors which may cause the actual
results, performance, or achievements of Carmanah or Sabik to be
materially different from any future results, performance, or
achievements expressed or implied by the forward-looking
statements. Such factors include, but are not limited to: our
ability to become a worldwide leader in the marine aids to
navigation industry, the potential growth of the offshore wind
safety market or our ability to participate in any growth, and
other general uncertainties that may impact actual outcomes. These
forward-looking statements are based on management’s current
expectations and beliefs but given the uncertainties, assumptions,
and risks, readers are cautioned not to place undue reliance on
such forward-looking statements or information. Carmanah disclaims
any obligation to update, or to publicly announce, any such
statements, events, or developments except as required by law.For
additional information on these risks and uncertainties, see
Carmanah’s most recently filed Annual Information Form (AIF) and
Annual MD&A, which are available on SEDAR at
www.sedar.com and on the Company’s website
at www.carmanah.com. The risk factors identified in Carmanah’s
AIF and MD&A are not intended to represent a complete list of
factors that could affect Carmanah.