TORONTO, June 14, 2018 /CNW/ - TeraGo Inc.
("TeraGo" or the "Company") (TSX: TGO,
www.terago.ca), announces that the nominees listed in the
management information circular for the Company's 2018 Annual
General Meeting of Shareholders (the "Meeting") were each
either elected or re-elected as directors of TeraGo.
Amongst the directors, TeraGo welcomes newly elected director
Ms. Laurel Buckner to its Board. Ms.
Buckner is currently Senior Vice President, Managing Director of
ATN Ventures, the corporate venture capital group of ATN
International, a U.S. publicly traded investment company based in
Beverly, Massachusetts. She
currently serves as a member of the Board of both Fireminds, a
cloud services company in Bermuda,
and Ahana Renewables, a renewable energy company based in
San Francisco, California. Prior
to founding ATN Ventures, Ms. Buckner created and ran the corporate
venture investing group at GCI, Alaska's largest communications provider. Ms.
Buckner has extensive experience in corporate law, mergers and
acquisitions and corporate governance as she was previously a lead
M&A attorney at Dell and the Corporate Secretary and General
Counsel of SonicWALL a network security company based in San
Jose. She began her career at the law firm of Davis Wright Tremaine in Seattle, Washington. Ms. Buckner holds a
Bachelor of Arts in Comparative Literature from Colorado College with Distinction, a Juris Doctor
from the University of Denver, and an
LL.M in Taxation from the University of
Washington.
Mr. Matthew Gerber, Chair of the
Board commented, "I'd like to extend a warm welcome to Laurel Buckner who will be a great addition to
the Board with her varied experiences and most impressive skillset.
On that same note, the rest of the Board and I send our gratitude
and appreciation to the Honourable Jerry Grafstein, who will be
retiring today from the Board after 17 years of service as a
director of TeraGo. We thank him for his long-term service,
leadership and substantial contributions."
Mr. Antonio (Tony) Ciciretto,
President and CEO of TeraGo added, "We look forward to Laurel's
contributions to the Board given her relevant experiences and thank
Jerry Grafstein for his dedication
and unwavering support to the Company for so many years. He will
surely be missed and we wish him all the best."
Detailed results of the votes by proxy for the election of
directors held on June 14, 2018, as
well as the other matters voted at the Meeting are as follows:
|
|
|
|
Brief Description
of Matter Voted Upon
|
Outcome
of Vote (1)
|
For
|
Against
|
1)
|
In respect of fixing
the number of directors of the Company
at seven (7);
|
Approved
|
7,853,677
(99.96%)
|
3,036
(0.04%)
|
2)
|
In respect of the
election of directors to hold office until the
close of the next annual meeting of Shareholders or until
their successors are elected or appointed:
|
|
For
|
Withheld
|
Antonio
(Tony) Ciciretto
|
Approved
|
7,856,013
(99.99%)
|
700
(0.01%)
|
Matthew
Gerber
|
Approved
|
7,856,013
(99.99%)
|
700
(0.01%)
|
Michael
Martin
|
Approved
|
7,791,013
(99.16%)
|
65,700
(0.84%)
|
Gary
Sherlock
|
Approved
|
7,856,013
(99.99%)
|
700
(0.01%)
|
Laurel
Buckner
|
Approved
|
7,856,013
(99.99%)
|
700
(0.01%)
|
3)
|
In respect of the
re-appointment of KPMG LLP, Chartered
Accountants as auditors of the Company to hold office until
the next annual meeting of Shareholders and
authorizing the directors to fix their remuneration.
|
Approved
|
8,116,351
(99.97%)
|
2,836
(0.03%)
|
(1)
|
Vote conducted at
Meeting by show of hands. The number of votes and percentages shown
are based upon the votes cast by proxy only.
|
A report of voting results for each resolution presented at
the Meeting prepared in accordance with National Instrument 51-102
– Continuous Disclosure Obligations has been filed on
www.sedar.com.
About TeraGo
TeraGo provides businesses across Canada with cloud, colocation and connectivity
services. TeraGo manages over 3,000 cloud workloads, operates five
data centres in the Greater Toronto
Area, the Greater Vancouver
Area, and Kelowna, and owns
and manages its own IP network. The Company serves business
customers in major markets across Canada including Toronto, Montreal, Calgary, Edmonton, Vancouver and Winnipeg. TeraGo Networks is a Competitive
Local Exchange Carrier (CLEC) and was recognized by IDC as a
Major Player in MarketScape Cloud
Vendor Assessment. TeraGo Networks was also selected as one of
Canada's Top Small and Medium
Employers for 2017.
For more information about TeraGo, please visit
www.terago.ca.
SOURCE TeraGo Inc.