Synex International Inc. Annual General and Special Meeting – Voting Results
VANCOUVER, British Columbia, Nov. 22, 2019 (GLOBE NEWSWIRE) -- Synex International Inc. (the “Companyâ€) is pleased to report the voting results of the annual general and special meeting of shareholders of the Company held on November 22, 2019.
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 | Description of Matter |  | Outcome of Vote | |||
 |  |  |  | |||
1. | To set the number of directors at five (5) | Â | The resolution was passed by the requisite majority. Details of the voting was as follows: | |||
 |  |  |  | For: | Against: | |
 |  |  |  | 21,485,500 (65.95%) | 11,093,489 (34.05%) | |
 |  |  |  | |||
2. | To elect the directors of the Company for the ensuing year | Â | All nominees proposed by management were elected. Details of the voting was as follows: | |||
 |  |  |  |  | ||
 |  |  | For: | Withheld: | ||
 | a. | Daniel J. Russell | 21,485,500 (65.95%) | 11,093,489 (34.05%) | ||
 | b. | Tanya L. DeAngelis | 21,485,500 (65.95%) | 11,093,489 (34.05%) | ||
 | c. | Richard McGivern | 21,485,500 (65.95%) | 11,093,489 (34.05%) | ||
 | d. | Danny Sgro | 21,485,500 (65.95%) | 11,093,489 (34.05%) | ||
 | e. | Brent Routledge | 21,485,500 (65.95%) | 11,093,489 (34.05%) | ||
 |  |  | ||||
3. | To appoint Dale Matheson Carr-Hilton Labonte LLP as auditors of the Company for the ensuing year and to authorize the directors to fix their remuneration | Â | The resolution was passed. Details of the voting was as follows: | |||
 |  |  |  |  | ||
 |  |  | For: | Withheld: | ||
 |  |  | 29,479,389 (90.49%) | 3,099,600 (9.51%) | ||
 |  |  |  |  |  | |
4. | To consider, and if thought fit, pass an ordinary resolution to ratify and approve the Company’s Advance Notice Policy. |  | The resolution was passed by the requisite majority. Details of the voting was as follows: | |||
 |  |  |  | For: | Against: | |
 |  |  |  | 21,241,500 (65.20%) | 11,337,489 (34.80%) |
The Company is a run-of-river hydro developer, operator and engineering firm. The Company wholly owns or has a proportionate interest in a net total 12 MW of operating facilities in British Columbia, and a Vancouver Island grid connection and utility carrying on business as Kyuquot Utility. The Company also has 9.4 MW of construction ready run-of-river projects, and applications and land tenures on another 24 potential hydroelectric sites totaling over 150MW of installed Capacity in British Columbia.
(signed) “Daniel J. Russellâ€
Daniel J. Russell, President
400 –1444 Alberni Street,
Vancouver, B.C., V6G 2Z4
Phone: (604) 688-8271
Fax: (604) 688-1286
E-mail:Â daniel.russell@russellindustries.com
Web Site: www.synex.com
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