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Melcor announces Annual General Meeting voting results

EDMONTON, Alberta, April 30, 2019 (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 27,972,467 shares were voted in person or by proxy, representing 83.80% 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 96.77 %   3.23 %
Ross Grieve 96.78 %   3.22 %
Andrew Melton 96.87 %   3.13 %
Kathleen Melton 99.92 %   0.08 %
Timothy Melton 96.76 %   3.24 %
Eric Newell 96.77 %   3.23 %
Catherine Roozen 96.87 %   3.13 %
Allan Scott 96.77 %   3.23 %
Ralph Young 99.94 %   0.06 %
           

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