Melcor announces Annual General Meeting voting results

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EDMONTON, Alberta, June 25, 2020 (GLOBE NEWSWIRE) -- Melcor Developments Ltd. (MRD.TO), an Alberta-based real estate development and asset management company, today announced the results of its annual general meeting (AGM), held today. A total of 28,608,127 shares were voted in person or by proxy, representing 86.23% of the outstanding shares as of the record date. Shareholders approved all items of business before the AGM, including the election of directors as follows:

Nominee

% Votes For

% Votes Withheld

Gordon Clanachan

96.96%

3.04%

Ross Grieve

96.96%

3.04%

Andrew Melton

95.75%

4.25%

Kathleen Melton

95.75%

4.25%

Timothy Melton

96.01%

3.99%

Catherine Roozen

96.97%

3.03%

Allan Scott

98.88%

1.12%

Ralph Young

96.97%

3.03%

About Melcor Developments Ltd.

Melcor is a diversified real estate development and asset management company with a rich heritage of innovation in real estate since 1923.

Through integrated operating divisions, Melcor manages the full life cycle of real estate development: acquiring raw land, community planning, construction and development, and managing revenue-producing office, retail and residential assets. Melcor develops and manages mixed-use residential communities, business and industrial parks, office buildings, retail commercial centres and golf courses.

Melcor is committed to building communities that enrich quality of life – communities where people live, work, shop and play.

Contact Information:

Nicole Forsythe
Director, Corporate Communications
780-945-4707
ir@melcor.ca

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