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EFT Canada Announces Results of Shareholder Meeting

Jul 17 2013 12:00AM

Marketwire

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TORONTO, ONTARIO -- (Marketwired) -- 07/17/13 -- EFT Canada Inc. ("EFT Canada" or the "Company") (TSX VENTURE: EFT), hereby announces that the following were the outcomes of the votes held at EFT Canada's most recent shareholder meeting on Monday, July 15, 2013.

A total of 7,143,341 shares were represented at the meeting, being 52.24% of the Company's issued and outstanding common shares. Shareholders voted in favour of all matters brought before the meeting, including the appointment of auditors for the ensuing year and the election of management's nominees as directors.

Director Voting

Detailed results of the vote for the election of directors are provided below:

---------------------------------------------------------------------------- # Of Votes % Of Votes # Of Votes % Of VotesDirector Nominee For For Withheld Withheld----------------------------------------------------------------------------Brian Courtney 1,030,328 23.50% 3,354,028 76.50%----------------------------------------------------------------------------John Cerenzia 1,098,679 25.06% 3,285,677 74.94%----------------------------------------------------------------------------Jonathan Pasternak 4,146,124 94.57% 238,232 5.43%----------------------------------------------------------------------------Randy Waxman 4,146,124 94.57% 238,232 5.43%----------------------------------------------------------------------------Ray Martins 2,066,679 47.14% 2,317,677 52.86%----------------------------------------------------------------------------



EFT CANADA INC.

EFT Canada, founded in 2003, is a financial processing company that offers a complete solution to the collection and payment processing needs of small and medium sized business merchants, banks, credit unions, and other financial firms in Canada and the United States. The Company develops, maintains and delivers innovative electronic transaction processing technologies, such as customized electronic payment and collection processing solutions and gift and loyalty card services, by drawing on its operational and applications expertise. For more information, please visit www.eftcanada.com.

This press release contains forward-looking statements which reflect the Company's current expectations regarding future events. The forward-looking statements involve risks and uncertainties. Actual results could differ significantly from those projected herein. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.



Contacts:
EFT Canada Inc.
Jonathan Pasternak
President
(416) 781-0666
jpasternak(at)eftcanada.com
www.eftcanada.com





Source: Marketwire


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