Horizon North Logistics Inc. Announces Annual Meeting Voting Results

TSX Symbol: HNL

CALGARY, May 9, 2014 /CNW/ - Horizon North Logistics Inc. ("Horizon" or the "Corporation") today announced the final voting results from its 2014 annual and special meeting of shareholders held on April 30, 2014.

FIX NUMBER OF DIRECTORS

By vote by way of a show of hands, the number of directors of the Corporation to be elected at the Annual and Special Meeting of Shareholders held on April 30, 2014, were fixed at Seven (7).

Votes For	86,469,353	% Votes For	99.99%
Votes Against	6,438	% Votes Against	0.01%

ELECTION OF DIRECTORS

A ballot was conducted with respect to the election of the directors to hold office until the next annual meeting of shareholders.  According to the proxies received and ballots cast, the following directors were elected to hold office until the next annual meeting of shareholders or until their successors are elected or appointed, unless such office is earlier vacated in accordance with the by-laws of the Corporation:

Nominee	# Votes For	% Votes For	# Votes Withheld	% Votes Withheld
Bob German	85,742,360	99.53	407,097	0.47
Kevin Nabholz	85,116,109	98.80	1,033,348	1.20
Russell Newmark	83,735,117	97.20	2,414,340	2.80
Ric Peterson	85,745,360	99.53	404,097	0.47
Ann Rooney	85,141,628	98.83	1,007,829	1.17
Dean Swanberg	85,747,060	99.53	402,397	0.47
Dale E. Tremblay	81,262,854	94.33	4,886,603	5.67

APPOINTMENT OF THE AUDITOR

By vote by way of a show of hands, KPMG LLP, Chartered Accountants were appointed Auditor of the Corporation.

Votes for	86,166,523	% Votes For	99.65 %
Votes against	299,269	% Votes Against	0.35%

APPROVAL OF UNALLOCATED STOCK OPTIONS

A ballot was conducted with respect to the approval of an ordinary resolution approving unallocated stock options under the Corporation's stock option plan, which approval is required by Shareholders every three years, as more fully described in the Management Information Circular and Proxy Statement prepared for the Annual and Special Meeting of the Shareholders of April 30, 2014, as greater than 5% of the common shares were voted by proxy against this resolution.  According to the proxies received and ballots cast, the unallocated stock options under the Corporation's stock option plan were approved.

Votes for	52,551,280	% Votes For	60.96%
Votes against	33,654,678	% Votes Against	39.04%
Total votes cast by ballot	86,205,958

Corporate Information

Additional information related to the Corporation, including the Corporation's annual information form, press releases, financial statements, and MD&A are available on SEDAR at www.sedar.com.

 

SOURCE: Horizon North Logistics Inc.

Please contact Bob German, President and Chief Executive Officer or Scott Matson, Vice President Finance and Chief Financial Officer, 1600, 505 - 3^rd Street S.W., Calgary, Alberta T2P 3E6; Telephone: (403) 517 - 4654; Fax: (403)  517 - 4678; Website: www.horizonnorth.ca