Canada NewsWire
LANGLEY, BC, May 19, 2016
Trading Symbol: Toronto Stock Exchange – HWD
LANGLEY, BC, May 19, 2016 /CNW/ - Hardwoods Distribution
Inc. ("Hardwoods" or the "Company") today announced the voting results of the Company's annual general meeting of shareholders held
on May 19, 2016.
Election of Directors
The five 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
|
|
Rob Brown
|
11,007,944
|
450
|
0.01%
|
|
Peter Bull
|
11,007,944
|
370,147
|
5.22%
|
|
Lawrence Sauder
|
11,007,944
|
17,250
|
0.24%
|
|
William Sauder
|
11,007,944
|
17,250
|
0.24%
|
|
Graham Wilson
|
11,007,944
|
17,250
|
0.24%
|
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 is one of North America's largest distributors of high-grade hardwood lumber, sheet
goods and architectural millwork to the cabinet, moulding, millwork, furniture and specialty wood products industries. The
Company currently operates in North America a network of 32 distribution centers and one sawmill
and kiln drying operation.
SOURCE Hardwoods Distribution Inc.
