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Melcor Developments Ltd.

TSX Exchange | Jul 3, 2020, 11:27 PM EDT | Real-time price

MRD $ 7.86 RT
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Melcor announces Annual General Meeting voting results

EDMONTON, Alberta, June 25, 2020 (GLOBE NEWSWIRE) -- Melcor Developments Ltd. (TSX: MRD), 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 Clanachan96.96%3.04% 
Ross Grieve96.96% 3.04% 
Andrew Melton95.75%4.25% 
Kathleen Melton 95.75%4.25% 
Timothy Melton96.01%3.99% 
Catherine Roozen96.97%3.03% 
Allan Scott98.88%1.12% 
Ralph Young96.97%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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