Ceres Global Ag Corp. - 2014 annual and special meeting of shareholders

TORONTO, Oct. 1, 2014 /CNW/ - Ceres Global Ag Corp. (TSX: CRP) ("Ceres" or the "Corporation") is pleased to announce the results of the annual and special meeting of shareholders of the Corporation held September 29, 2014 (the "AGM"). 

The nominees listed in the management information circular dated September 3, 2014 (the "Circular") were elected as directors of the Corporation.  The results of the vote are as follows:

DIRECTOR	VOTES FOR	%	VOTES WITHHELD	%
Patrick Bracken	5,517,148	98.62	77,157	1.38
Harvey T. Joel	5,519,148	98.66	75,157	1.34
Gary W. Mize	5,588,255	99.89	6,050	0.11
Douglas E. Speers	5,519,148	98.66	75,157	1.34
James T. Vanasek	5,578,215	99.71	16,090	0.29
Harold Wolkin	5,590,255	99.93	4,050	0.07

In addition, at the AGM, the shareholders of the Corporation: (i) adopted a resolution to confirm and approve the Directors' Deferred Share Unit Plan; (ii) adopted a resolution to confirm and approve the Stock Option Plan; (iii) adopted a resolution to confirm and approve the Employee Share Purchase Plan; and (iv) re-appointed KPMG LLP as auditors of the Corporation for the ensuing year and authorized the directors of the Corporation to fix the remuneration of the auditors.  A detailed description of each of the Directors' Deferred Share Unit Plan, the Stock Option Plan and the Employee Share Purchase Plan can be found in the Circular.

About Ceres Global Ag Corp. (ceresglobalagcorp.com)

Ceres Global Ag Corp. is a Toronto-based company focused on two primary businesses: a Grain Storage, Handling and Merchandising unit, anchored by its 100% ownership of Riverland Ag Corp., and a Commodity Logistics unit, containing its 25% interest in Stewart Southern Railway Inc. and its development of the Northgate, SK Commodity Logistics Centre. Riverland Ag Corp. is a collection of nine (9) grain storage and handling assets in Minnesota, New York, and Ontario having aggregate storage capacity of approximately 48 million bushels. Riverland Ag also manages two (2) facilities in Wyoming on behalf of its customer-owner. Stewart Southern Railway Inc. is a short-line railway with a range of 130 kilometres that operates in South-eastern Saskatchewan. The Northgate Commodity Logistics Centre is a proposed $90 million grain, oil and oilfield supplies transloading site being developed in conjunction with Riverland Ag and several potential energy company partners, connected to BNSF Railway.

SOURCE: Ceres Global Ag Corp.

Ross Marshall, TMX Equicom, [phone] ext. 238, [email protected]