TeraGo Announces Results of Annual and Special Meeting of Shareholders
June 25 2014 - 2:28PM
Marketwired Canada
TeraGo Inc. (TSX:TGO) (www.terago.ca) today announced that its shareholders
voted in favour of all resolutions brought before them at the Company's Annual
and Special Meeting of Shareholders held yesterday in Toronto.
A total of 8,470,695 common shares representing 73.26% of the Company's issued
and outstanding common shares were voted in connection with the meeting.
Shareholders voted in favour of the appointment of KPMG LLP, Chartered
Accountants, as its auditors with 99.89% of shares voted for and 0.11% of shares
withheld. Shares voted at the meeting in respect of the election of all director
nominees was as follows:
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Director % of Votes For % of Votes Withheld
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Charles Allen 100.00 0.00
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Stewart Lyons 100.00 0.00
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Grant Ballantyne 100.00 0.00
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Jerry Grafstein 97.41 2.59
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Michael Martin 100.00 0.00
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Jim Nikopoulos 100.00 0.00
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Nicole German 100.00 0.00
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The updated directors share compensation program was approved with 95.43% of
shares voted for by disinterested shareholders and 4.57% of shares voted
against.
About TeraGo Networks:
TeraGo Networks Inc. provides businesses across Canada with carrier-grade
broadband, data and voice communications services. Colocation and disaster
recovery solutions are also provided by Data Centers Canada, a division of
TeraGo Networks. The national service provider owns and manages its IP network
servicing over 6,400 customer locations in 46 major markets across Canada
including Toronto, Montreal, Calgary, Edmonton, Vancouver and Winnipeg. TeraGo
Networks is a Competitive Local Exchange Carrier (CLEC) and is a wholly owned
subsidiary of TeraGo Inc. (TSX:TGO). More information about TeraGo is available
at www.terago.ca.
FOR FURTHER INFORMATION PLEASE CONTACT:
TeraGo Inc.
Stewart Lyons
President and CEO
1-877-982-3688
TeraGo Inc.
Joe Prodan
Chief Financial Officer
1-877-982-3688
IR@terago.ca
www.terago.ca
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