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Genesis Land Development Corp. Reports Voting Results of Election of Directors

CALGARY , May 9, 2019 /CNW/ - Genesis Land Development Corp. ("Genesis") is pleased to report that at its annual meeting of shareholders held on May 9, 2019 that each of the nominees proposed by management as a director of Genesis were elected as directors.

The detailed results of the vote by ballot are as follows:

 

Nominee

Votes For

Votes Withheld


Number

Percentage

Number

Percentage

Stephen Griggs

22,385,183

72.93%

8,309,497

27.07%

Steven J. Glover

23,505,821

76.58%

7,188,859

23.42%

Mark W. Mitchell

23,509,980

76.59%

7,184,700

23.41%

Loudon Owen

23,505,846

76.58%

7,188,834

23.42%

Iain Stewart

23,509,830

76.59%

7,184,850

23.41%

 

Shareholders also approved a resolution confirming the approval and adoption of Genesis Stock Option Plan and ratified the grant of options to participants to acquire common shares as described in the Genesis Management Information Circular dated March 19, 2019 .

About Genesis

Genesis Land Development Corp. is a land developer and residential home builder in the Calgary Metropolitan Area. The Corporation's common shares are listed on the Toronto Stock Exchange (GDC.TO).

Website: www.genesisland.com 

 

SOURCE Genesis Land Development Corp.


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