CALGARY, May 9, 2019 /CNW/ – Genesis Land Development Corp. (“Genesis”) is pleased to report that at its annual meeting of shareholders held on May 9, 2019 that each of the nominees proposed by management as a director of Genesis were elected as directors.
The detailed results of the vote by ballot are as follows:
Nominee |
Votes For |
Votes Withheld |
||
Number |
Percentage |
Number |
Percentage |
|
Stephen Griggs |
22,385,183 |
72.93% |
8,309,497 |
27.07% |
Steven J. Glover |
23,505,821 |
76.58% |
7,188,859 |
23.42% |
Mark W. Mitchell |
23,509,980 |
76.59% |
7,184,700 |
23.41% |
Loudon Owen |
23,505,846 |
76.58% |
7,188,834 |
23.42% |
Iain Stewart |
23,509,830 |
76.59% |
7,184,850 |
23.41% |
Shareholders also approved a resolution confirming the approval and adoption of Genesis Stock Option Plan and ratified the grant of options to participants to acquire common shares as described in the Genesis Management Information Circular dated March 19, 2019.
About Genesis
Genesis Land Development Corp. is a land developer and residential home builder in the Calgary Metropolitan Area. The Corporation’s common shares are listed on the Toronto Stock Exchange (TSX: GDC).
Website: www.genesisland.com
SOURCE Genesis Land Development Corp.
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