News Column

Horizon North Logistics Inc. Announces Annual Meeting Voting Results

May 9, 2014



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.


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Source: Canada Newswire


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