EDMONTON, Alberta, May 20, 2021 (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 25,064,984 shares (64 shareholders) were voted in person or by proxy, representing 75.75% 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 |
| Douglas Goss | 99.85% | 0.15% |
| Ross Grieve | 95.38% | 4.62% |
| Andrew Melton | 96.25% | 3.75% |
| Kathleen Melton | 96.50% | 3.50% |
| Timothy Melton | 95.32% | 4.68% |
| Bruce Pennock | 99.81% | 0.19% |
| Catherine Roozen | 96.50% | 3.50% |
| Ralph Young | 95.17% | 4.83% |
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 – communities where people live, work, shop and play.
CONTACT: Contact Information: Nicole Forsythe Director, Corporate Communications 780-945-4707 ir@melcor.ca