TORONTO, June 29, 2020 /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 2020 Annual and
Special Meeting of Shareholders (the "Meeting") were each
elected as directors of TeraGo.
Detailed results of the ballot voting for the election of
directors held today on June 29,
2020, as well as the other matters voted on at the virtual
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
|
6,071,859
(99.99%)
|
375
(0.01%)
|
|
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
|
6,067,734
(99.93%)
|
4,500
(0.07%)
|
|
Matthew
Gerber
|
Approved
|
6,059,922
(99.80%)
|
12,312
(0.20%)
|
|
Michael
Martin
|
Approved
|
6,054,373
(99.71%)
|
17,861
(0.29%)
|
|
Gary
Sherlock
|
Approved
|
5,967,468
(98.27%)
|
104,766
(1.73%)
|
|
Laurel
Buckner
|
Approved
|
6,067,459
(99.92%)
|
4,775
(0.08%)
|
|
Richard
Brekka
|
Approved
|
5,954,282
(98.06%)
|
117,952
(1.94%)
|
|
James
Sanger
|
Approved
|
5,946,845
(97.94%)
|
125,389
(2.06%)
|
|
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
|
6,096,216
(100.00%)
|
100
(0.00%)
|
|
|
For
|
Against
|
|
4)
|
In respect of
the resolution to amend the Company's share option plan, and the
reservation of 165,000 additional common shares issuable upon the
vesting and due exercise of any options granted under such
plan.(1)
|
Approved
|
3,643,763
(78.56%)
|
994,655
(21.44%)
|
|
(1)
|
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.