CALGARY, May 14, 2015 /CNW/ – Genesis Land Development Corp. (TSX: GDC) (the “Corporation” or “Genesis”) is pleased to report that at its annual general meeting of shareholders held on May 14, 2015 that each of the nominees proposed by management as a director of the Company were elected as directors of the Company.
The detailed results of the vote by ballot are as follows:
|
Nominee |
Votes For |
Votes Withheld |
||
|
Number |
Percentage |
Number |
Percentage |
|
|
Yazdi Bharucha |
27,803,144 |
89.55% |
3,244,790 |
10.45% |
|
Michael Brodsky |
24,695,445 |
79.54% |
6,352,489 |
20.46% |
|
Stephen Griggs |
27,505,427 |
76.88% |
8,272,040 |
23.12% |
|
Steven Glover |
27,976,635 |
90.11% |
3,071,299 |
9.89% |
|
Mark W. Mitchell |
32,510,827 |
90.87% |
3,266,640 |
9.13% |
|
Loudon Owen |
32,677,118 |
91.33% |
3,100,349 |
8.67% |
|
William Pringle |
25,098,739 |
80.84% |
5,949,195 |
19.16% |
|
Iain Stewart |
32,724,218 |
91.47% |
3,053,249 |
8.53% |
Shareholders also approved a resolution confirming the adoption of By-Law No. 3 of the Corporation which provides advance notice requirements for the nomination of directors of the Corporation, the full text of which was filed on SEDAR (www.sedar.com) on March 26, 2015.
About Genesis
Genesis is an integrated, award-winning land developer and residential homebuilder, creating innovative and successful communities in the Calgary Metropolitan Area. Genesis is committed to supporting its communities through partnerships like the Genesis Centre of Community Wellness and Genesis Place Recreational Centre. Genesis owns a large portfolio of entitled residential and mixed use land, which is exceptionally well positioned to benefit from the Alberta economy. The Corporation’s common shares are listed on the Toronto Stock Exchange (TSX: GDC)
SOURCE Genesis Land Development Corp.
