LANGLEY, BRITISH COLUMBIA--(Marketwired - May 22, 2014) - Hardwoods Distribution Inc. (TSX:HWD) today announced the voting results of the company's annual general meeting of shareholders held on May 22, 2014.
Election of Directors
The six nominees of management were elected as directors at the annual general meeting.
The election of directors was conducted by show of hands. In accordance with the requirements of the Toronto Stock Exchange, the following table reflects the votes represented by proxy that would have been withheld from each director nominee had a ballot been called, as a percentage of votes represented at the meeting:
Nominee |
Votes Represented
at the Meeting |
Votes Withheld
by Proxy |
% Withheld
by Proxy |
| Lance Blanco |
8,704,459 |
289 |
0.00% |
| Peter Bull |
8,704,459 |
49,489 |
0.57% |
| Terry Holland |
8,704,459 |
49,489 |
0.57% |
| Lawrence Sauder |
8,704,459 |
63,289 |
0.73% |
| William Sauder |
8,704,459 |
63,289 |
0.73% |
| Graham Wilson |
8,704,459 |
49,489 |
0.57% |
Appointment of Auditors
At the annual general meeting, KPMG LLP was appointed as auditors of the Company for the ensuing year and the directors were authorized to fix the remuneration to be paid to the auditors.
About Hardwoods Distribution Inc.
Hardwoods (TSX:HWD) is one of North America's largest wholesale distributors of hardwood lumber and related sheet good products, operating a network of 33 distribution centers in the U.S. and Canada.