Tuesday, 06 November 2018 04:58 PM
VANCOUVER, BRITISH COLUMBIA / ACCESSWIRE / November 6, 2018 / Synex International Inc. ("Synex" or the "Company") is pleased to announce the results of its Annual General Meeting of Shareholders (the "Meeting") held on November 2, 2018. Except for Arthur Irving who resigned prior to the Meeting and withdrew his consent for nomination as a director, all remaining nominees proposed by management of the Company were elected, namely Gregory J. Sunell, Tanya L. DeAngelis, Clifford A. Grandison, Mark A. Stephens, David K. Plunkett and David L Baird. Richard McGivern was elected at the Meeting as the seventh nominee to fill the vacancy created by the resignation of Mr. Irving.
Richard McGivern is the Managing Director (Alberta) of the Surespan Group. The Surespan Group has been based in Vancouver since 1977 and specializes in providing steel and precast concrete structures including bridges and everything from project management to hydro-electric plants.
At the Meeting, shareholders also approved the appointment of Dale Matheson Carr-Hilton Labonte LLP as auditors of the Company for the year ending June 30, 2019 at a remuneration to be approved by the board of directors of the Company.
Prior to the Meeting, shareholders holding an aggregate of 10,242,811 common shares appointed Daniel Russell or his legal counsel to represent them as proxyholder but did not instruct such persons on how to vote the shares on the resolutions to be presented to the Meeting. The Chairman of the Meeting excluded the votes with respect to these shares because he believed that such proxy holders did not have the authority to vote them in accordance with National Instrument 51-102. The Chairman of the Meeting also excluded the votes with respect to the election of directors of a further 140,500 shares represented by proxy where the proxy holder also did not have the authority to vote them in accordance with National Instrument 51-102.
The Company is awaiting the scrutineer"s final report, following which it will promptly file a report on the voting results at the Meeting in accordance with Section 11.3 of National Instrument 51-102.
The Company is a successful hydroelectric developer and consultant in British Columbia. The Company wholly owns or has proportionate interests in a total of 12MW of operating facilities and 9MW of construction ready facilities.
"signed"
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Greg Sunell, President
400 – 1444 Alberni Street, Vancouver B C V6G 2Z4
Phone (604) 688 8271 Ext. 309 Fax (604) 688 1286
E-mail: [email protected] Web Site: www.synex.com
SOURCE: Synex International Inc.