Redline Communications Annual General and Special Meeting Voting Results
TORONTO, June 21, 2018 /CNW/ - Redline Communications (www.rdlcom.com) Group Inc. (TSX: RDL) ("Redline" or the "Company") announces that the six nominees listed in the Management Information Circular for the 2018 Annual General and Special Meeting of Shareholders were elected as Directors of the Company at the meeting held in at the Company's corporate office in Markham, Ontario yesterday.
Detailed results of the vote for the election of directors held at the meeting are set out below.
| Director |
Outcome of Vote |
Votes For |
% |
Votes Withheld |
% |
| John Brunette |
Carried by ballot vote |
12,445,991 |
99.93% |
8,900 |
0.07% |
| Eric Demirian |
Carried by ballot vote |
11,752,275 |
94.36% |
702,536 |
5.64% |
| David Roberts |
Carried by ballot vote |
11,752,275 |
94.36% |
702,536 |
5.64% |
| Nizar Somji |
Carried by ballot vote |
11,752,275 |
94.36% |
702,536 |
5.64% |
| Stephen Sorocky |
Carried by ballot vote |
12,445,811 |
99.93% |
9,000 |
0.07% |
| Robert Williams |
Carried by ballot vote |
12,451,311 |
99.97% |
3,500 |
0.03% |
The amendment of the Corporation's 2007 Stock Option Plan to increase the number of available options was passed by a disinterested vote, excluding 118,816 common shares held by insiders. In addition, Redline reports that shareholders voted in favour of the appointment of BDO Canada LLP as auditors of the corporation. Full details of all policies and proposals are more fully described in the Company's Management Information Circular as filed on www.sedar.com.
About Redline Communications
Redline Communications (www.rdlcom.com) is the creator of powerful wide-area wireless networks for mission-critical applications in challenging locations. Redline networks are used by oil and gas companies to manage onshore and offshore assets, by militaries for secure battlefield communications, by municipalities to remotely monitor infrastructure, and by telecom service providers to deliver premium services. Hundreds of businesses worldwide rely on Redline to engineer, plan and deliver ruggedized, secure and reliable networks for their M2M, voice, data and video communications needs - in locations that include the deserts of the Middle East, the rainforests of South America, and the frozen Alaskan slopes. For more information visit www.rdlcom.com.
SOURCE Redline Communications Group Inc.
Redline Contacts: Joan Ritchie, Chief Financial Officer, +1-905-479-8344, [email protected]; Cory Pala, Investor Relations, +1-416-657-2400, [email protected]
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