19.07.2018 23:16:00
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Velan announces election of directors
MONTRÉAL, July 19, 2018 /CNW Telbec/ - Velan Inc. (the "Corporation") (TSX: VLN) announced today that each director nominee listed in the Management Proxy Circular dated May 24, 2018 was elected as Director of the Corporation during the Annual Meeting of the Shareholders held on July 12, 2018 in Montreal, Québec.
The details of the election are as follows:
Director Nominee | Outcome | Votes for | % for | Votes withheld | % withheld |
Tom Velan | elected | 80,968, 557 | 98.79 | 988,322 | 1.21 |
William Sheffield | elected | 80,676,678 | 98.44 | 1,280,201 | 1.56 |
Cheryl Hooper | elected | 80,677,678 | 98.44 | 1,279,201 | 1.56 |
Jacques Latendresse | elected | 80,676,678 | 98.44 | 1,280,201 | 1.56 |
Robert Velan | elected | 80,968,057 | 98.79 | 988,822 | 1.21 |
Yves Leduc | elected | 81,573,057 | 99.53 | 383,822 | 0.47 |
James A. | elected | 80,998,978 | 98.83 | 957,901 | 1.17 |
Peter Velan did not stand for re-election.
The results of the final votes regarding all matters subject to a vote during the Annual Meeting will be made available under the Corporation's profile on SEDAR (www.sedar.com).
SOURCE Velan Inc.
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