VANCOUVER, Nov. 28, 2018 /CNW/ - WesternOne Inc.
("WesternOne") (Toronto Stock Exchange: WEQ and WEQ.DB) is
pleased to announce that with respect to its special meeting of
shareholders held on November 28,
2018 (the "Special Meeting"), all of the special
resolutions were duly passed.
A total of 9,797,563 common shares were present at the Special
Meeting, representing 59.72% of WesternOne's issued and outstanding
shares. Voting for each of the special resolutions described in
WesternOne's information circular dated October 26, 2018 was by ballot, resulting in the
following:
- Asset Sale Resolution (authorizing WesternOne to sell
its assets to United Rentals of Canada, Inc.)
For: 9,787,962 votes (99.99%)
Against: 608 votes (0.01%)
- Liquidation and Dissolution Resolution
(authorizing WesternOne to voluntarily wind up pursuant
to the Canada Business Corporations Act, authorizing the
execution and delivery of the Plan of Liquidation and Dissolution,
ratifying the making of an application to the Toronto Stock
Exchange to delist the common shares of WesternOne and authorizing
the making of one or more distributions subject to certain
requirements)
For: 9,787,960 votes (99.99%)
Against: 610 votes (0.01%)
- Name Change Resolution (authorizing WesternOne to change
its name to "WEQ Holdings Inc.")
For: 9,796,900 votes (99.99%)
Against: 663 votes (0.01%)
WesternOne has filed a separate Report of Voting Results for the
Special Meeting on SEDAR (www.sedar.com).
Trading Symbols
Toronto Stock Exchange: WEQ and
WEQ.DB
THE TORONTO STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT
ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR THE ACCURACY OF THIS
RELEASE.
SOURCE WesternOne Inc.