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TORONTO, May 5, 2021 /PRNewswire/ - Russel Metals Inc. (TSX: RUS) announces voting results from its 2021 annual meeting of shareholders held on May 5, 2021. A total of 28,965,917 common shares were represented at the meeting in person or by proxy, representing 46.50% of the 62,295,441 issued and outstanding common shares as of the record date on March 19, 2021.
Shareholders voted in favour of the election of each nominee director as follows:
Linh J. Austin
John M. Clark
James F. Dinning
Brian R. Hedges
Alice D. Laberge
William M. O'Reilly
Roger D. Paiva
John G. Reid
John R. Tulloch
The Company's advisory "say on pay" resolution was also approved with 91.15% of the votes cast in favour of the resolution. In addition, the resolution appointing Deloitte LLP as auditors of the Company was approved.
About Russel Metals Inc.
Russel Metals is one of the largest metals distribution companies in North America. It carries on business in three segments: metals service centers, energy products and steel distributors. Its network of metals service centers carries an extensive line of metal products in a wide range of sizes, shapes and specifications, including carbon hot rolled and cold finished steel, pipe and tubular products, stainless steel, aluminum and other non-ferrous specialty metals. Its energy products operations carry a specialized product line focused on the needs of energy industry customers. Its steel distributors operations act as master distributors selling steel in large volumes to other steel service centers and large equipment manufacturers mainly on an "as is" basis.
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SOURCE Russel Metals Inc.