EDMONTON, Alberta, June 25, 2020 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today announced the results of its annual general meeting (AGM), held today. A total of 28,608,127 shares were voted in person or by proxy, representing 86.23% of the outstanding shares as of the record date. Shareholders approved all items of business before the AGM, including the election of directors as follows:
| Nominee | % Votes For | % Votes Withheld | |
| Gordon Clanachan | 96.96% | 3.04% | |
| Ross Grieve | 96.96% | 3.04% | |
| Andrew Melton | 95.75% | 4.25% | |
| Kathleen Melton | 95.75% | 4.25% | |
| Timothy Melton | 96.01% | 3.99% | |
| Catherine Roozen | 96.97% | 3.03% | |
| Allan Scott | 98.88% | 1.12% | |
| Ralph Young | 96.97% | 3.03% |
About Melcor Developments Ltd.
Melcor is a diversified real estate development and asset management company with a rich heritage of innovation in real estate since 1923.
Through integrated operating divisions, Melcor manages the full life cycle of real estate development: acquiring raw land, community planning, construction and development, and managing revenue-producing office, retail and residential assets. Melcor develops and manages mixed-use residential communities, business and industrial parks, office buildings, retail commercial centres and golf courses.
Melcor is committed to building communities that enrich quality of life â communities where people live, work, shop and play.
Contact Information:Nicole ForsytheDirector, Corporate Communications780-945-4707