TeraGo Inc. Announces Election of Directors
Canada NewsWire
TORONTO, June 20, 2019
TORONTO, June 20, 2019 /CNW/ - TeraGo Inc. ("TeraGo" or the "Company") (TSX: TGO, www.terago.ca), announces that the nominees listed in the management information circular for the Company's 2019 Annual and Special Meeting of Shareholders (the "Meeting") were each re-elected as directors of TeraGo.
Detailed results of the votes by proxy for the election of directors held today on June 20, 2019, as well as the other matters voted at the Meeting are as follows:
Brief Description of Matter Voted Upon
| Outcome
of Vote (1)
| For
| Against
|
1) In respect of fixing of the number of directors of the
Company at seven (7);
| Approved
| 7,285,792
(100.00%)
| 0
(0.00%)
|
2) In respect of the election of directors to hold office until the
close of the next annual meeting of Shareholders or until
their successors are elected or appointed:
|
| For
| Withheld
|
Antonio (Tony) Ciciretto
| Approved
| 7,285,164
(99.99%)
| 628
(0.01%)
|
Matthew Gerber
| Approved
| 7,259,514
(99.64%)
| 26,278
(0.36%)
|
Michael Martin
| Approved
| 7,169,338
(98.40%)
| 116,454
(1.60%)
|
Gary Sherlock
| Approved
| 7,259,359
(99.64%)
| 26,433
(0.36%)
|
Laurel Buckner
| Approved
| 7,260,142
(99.65%)
| 25,650
(0.35%)
|
3) In respect of the re-appointment of KPMG LLP, Chartered
Accountants as auditors of the Company to hold office until
the next annual meeting of Shareholders and authorizing
the directors to fix their remuneration.
| Approved
| 7,326,361
(99.96%)
| 3,005
(0.04%)
|
|
| For
| Against
|
4) In respect of the resolution to amend the Company's
restricted share unit plan and the reservation of 300,000
common shares issuable upon the vesting of any restricted
share units or performance share units granted under such
plan. (2)
| Approved
| 6,036,164
(83.74%)
| 1,171,966
(16.26%)
|
(1) Vote conducted at Meeting by show of hands. The number of votes and percentages shown are based upon the votes cast by
proxy only.
|
(2) Includes only votes of disinterested shareholders.
|
A report of voting results for each resolution presented at the Meeting prepared in accordance with National Instrument 51-102 – Continuous Disclosure Obligations has been filed on www.sedar.com.
About TeraGo
TeraGo owns a national spectrum portfolio of exclusive 24GHz and 38GHz wide-area spectrum licences including 2,120 MHz of spectrum across Canada's 6 largest cities. TeraGo provides businesses across Canada with cloud, colocation and connectivity services. TeraGo manages over 3,000 cloud workloads, operates five data centres in the Greater Toronto Area, the Greater Vancouver Area, and Kelowna, and owns and manages its own IP network. The Company serves business customers in major markets across Canada including Toronto, Montreal, Calgary, Edmonton, Vancouver, Ottawa and Winnipeg.
For more information about TeraGo, please visit www.terago.ca.
SOURCE TeraGo Inc.
View original content: http://www.newswire.ca/en/releases/archive/June2019/20/c8542.html
TeraGo Investor Relations: Dennis Fong, LodeRock Advisors, Telephone: 416-282-9930, Email: ir@terago.caCopyright CNW Group 2019