Redline Communications Group Inc. Announces Election of Directors
TORONTO, June 25, 2015 /CNW/ - Redline Communications (www.rdlcom.com) Group Inc. (TSX: RDL), the creator of powerful wide-area wireless networks for mission-critical applications in challenging locations, today announced that the five nominees listed in the management information circular for the 2015 Annual Meeting of Shareholders were elected as Directors of the Company at the annual general shareholder meeting held in Toronto, Ontario on June 24, 2015.
Detailed results of the vote for the election of directors held at the meeting are set out below.
Director |
Votes For |
% |
Votes Withheld |
% |
Phillippe de Gaspé Beaubien III |
8,897,203 |
86.46 |
1,393,079 |
13.54 |
Eric Demirian |
10,288,517 |
99.98 |
1,765 |
0.02 |
Nizar Somji |
10,288,367 |
99.98 |
1,915 |
0.02 |
Robert Williams |
10,289,282 |
99.99 |
1,000 |
0.01 |
John Wilson |
9,218,282 |
89.58 |
1,072,000 |
10.42 |
In addition, Redline reports that shareholders voted in favour of Redline's previously announced Advance Notice By-Law.
Full details of all policies and proposals are more fully described in the Company's management information circular as filed on www.sedar.com. The Company has also filed a report of voting results on all resolutions voted on at the Meeting on www.sedar.com.
About Redline
Redline Communications - www.rdlcom.com - is the creator of powerful wide-area wireless networks for the most challenging locations and mission-critical applications. 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 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.
Forward Looking Statements
Certain statements in this release may constitute forward-looking statements or forward-looking information within the meaning of applicable securities laws. In some cases, forward-looking statements can be identified by terms such as "could", "expect", "may", "will", "anticipate", "believe", "intend", "estimate", "plan", "potential", "project" or other expressions concerning matters that are not historical facts. Readers are cautioned not to place undue reliance upon any such forward-looking statements.
Such forward-looking statements are not promises or guarantees of future performance and involve both known and unknown risks and uncertainties that may cause the actual results, performance, achievements or developments of Redline to differ materially from the results, performance, achievements or developments expressed or implied by such forward-looking statements. Forward-looking statements, by their nature, are based on certain assumptions regarding expected growth, management's current plans, estimates, projections, beliefs, opinions and business prospects and opportunities (collectively, the "Assumptions"). While the Company considers these Assumptions to be reasonable, based on the information currently available, they may prove to be incorrect.
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SOURCE Redline Communications Group Inc.
Redline Communications, 302 Town Centre Blvd., 4th Floor, Markham, ON L3R 0E8, Tel: +1.905.479.8344, Fax: +1.905.479.5331, [email protected]
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