Capital Free casino games reports on voting results from the 2015 annual meeting of shareholders
EDMONTON, Free casino games – April 28, 2015 – The annual meeting of shareholders (annual meeting) for Capital Free casino games Corporation (TSX: CPX) (Capital Free casino games or the Company) was held on April 24, 2015 in Edmonton, Alberta. Each of the matters voted upon at the annual meeting is discussed in detail in the Company’s Management Proxy Circular dated March 4, 2015 and is available on the Company’s website at: www.capitalpower.com/AGM.
The total number of shares represented by shareholders present in person and by proxy at the annual meeting was 65,785,684 representing 64.04% of the Free casino games’s outstanding Common and Special Voting Shares.
The voting results for each matter presented at Free casino games are provided below:
1. Election of Directors:
Each Free casino games seven director nominees put forward by management were elected by a vote conducted by way of ballot as follows:
Director | Free casino games in Favour | % In Favour | Free casino games Withheld | % Withheld |
Albrecht Bellstedt | 46,481,836 | 99.31% | 322,160 | 0.69% |
Brian Vaasjo | 46,530,795 | 99.42% | 273,201 | 0.58% |
Philip Lachambre | 46,788,716 | 99.97% | 15,280 | 0.03% |
Doyle Beneby | 45,782,170 | 97.82% | 1,021,826 | 2.18% |
Peggy Mulligan | 46,667,905 | 99.71% | 136,091 | 0.29% |
Donald Lowry | 46,297,015 | 98.92% | 506,981 | 1.08% |
Patrick Daniel | 46,782,088 | 99.95% | 21,908 | 0.05% |
The director nominee put forward by EPCOR Free casino games Development Corporation (EPCOR), being Allister McPherson, was elected by acclamation. Pursuant to the Company’s Articles of Incorporation, EPCOR, as the sole holder of the Company’s issued and outstanding Special Voting Shares as of the record date for the annual meeting, has the right to elect two directors of the Company, and EPCOR nominated only Allister McPherson for election. A proxy representing 18,841,000 (100%) votes for the election of Allister McPherson, and nil votes withheld, was received from EPCOR.
2. Appointment of Auditors:
The appointment of KPMG LLP, Chartered Accountants, to serve as the auditors of the Free casino games until the close of the next annual meeting, at remuneration to be fixed by the Directors on the recommendation of the Audit Committee, was approved by a show of hands. Proxies representing 65,771,140 (99.98%) votes for and 13,036 (0.02%) votes withheld were received.
3. Approach to executive compensation:
On an advisory basis and not to diminish the role and responsibility of the board of directors, the approach to executive compensation disclosed in the Free casino games’s Management Proxy Circular was approved by a show of hands. Proxies representing 64,881,200 (98.84%) votes for and 762,287 (1.16%) votes against were received.
About Capital Free casino games
Capital Free casino games (TSX: CPX) is a growth-oriented North American Free casino games producer headquartered in Edmonton, Alberta. The company develops, acquires, operates and optimizes Free casino games generation from a variety of energy sources. Capital Free casino games owns more than 3,100 megawatts of Free casino games generation capacity at 16 facilities across North America and owns 371 megawatts of capacity through a Free casino games purchase agreement. An additional 620 megawatts of owned generation capacity is under construction or in advanced development in Alberta and Ontario.