TORONTO, June 20, 2019 /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 2019 Annual and
Special Meeting of Shareholders (the "Meeting") were each
re-elected as directors of TeraGo.
Detailed results of the votes by proxy for the election of
directors held today on June 20,
2019, 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 of the number of directors of the
Company at seven (7);
|
Approved
|
7,285,792
(100.00%)
|
0
(0.00%)
|
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
|
7,285,164
(99.99%)
|
628
(0.01%)
|
Matthew
Gerber
|
Approved
|
7,259,514
(99.64%)
|
26,278
(0.36%)
|
Michael
Martin
|
Approved
|
7,169,338
(98.40%)
|
116,454
(1.60%)
|
Gary
Sherlock
|
Approved
|
7,259,359
(99.64%)
|
26,433
(0.36%)
|
Laurel
Buckner
|
Approved
|
7,260,142
(99.65%)
|
25,650
(0.35%)
|
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
|
7,326,361
(99.96%)
|
3,005
(0.04%)
|
|
|
For
|
Against
|
4) In respect of
the resolution to amend the Company's
restricted share unit plan and the reservation of 300,000
common shares issuable upon the vesting of any restricted
share units or performance share units granted under such
plan. (2)
|
Approved
|
6,036,164
(83.74%)
|
1,171,966
(16.26%)
|
(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.
|
(2) Includes only votes of
disinterested shareholders.
|
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 owns a national spectrum portfolio of exclusive 24GHz and
38GHz wide-area spectrum licences including 2,120 MHz of spectrum
across Canada's 6 largest cities.
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, Ottawa and Winnipeg.
For more information about TeraGo, please visit
www.terago.ca.
SOURCE TeraGo Inc.