Alaris Royalty Corp.
TSX : AD

Alaris Royalty Corp.

May 09, 2017 19:42 ET

Alaris Announces the Director Election Results from its Shareholder Meeting

CALGARY, ALBERTA--(Marketwired - May 9, 2017) -

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Alaris Royalty Corp. ("Alaris" or the "Corporation") (TSX:AD) is pleased to announce the results of voting on the election of directors at its annual general & special meeting of shareholders held on May 9, 2017 (the "Meeting"). Each of the nominee directors recommended by management and listed in the Corporation's information circular and proxy statement dated April 4, 2017 was elected as a director for a term ending at the next annual meeting of shareholders. The results of the voting for each individual director are set forth below:

Director For Withhold
Jack C. Lee 18,065,105 (98.72%) 234,247 (1.28%)
E. Mitchell Shier 17,784,786 (97.19%) 514,566 (2.81%)
Mary C. Ritchie 18,131,053 (99.08%) 168,299 (0.92%)
John P.A. Budreski 13,027,847 (71.19%) 5,271,505 (28.81%)
Stephen King 18,188,625 (99.39%) 110,727 (0.61%)
Gary Patterson 18,125,260 (99.05%) 174,092 (0.95%)
Robert Bertram 17,726,457 (96.87%) 572,895 (3.13%)

Final voting results on all matters voted on at the meeting will be filed on SEDAR (www.sedar.com) under Alaris' profile later today.

About the Corporation:

The Corporation provides alternative financing to a diversified group of private companies ("Private Company Partners") in exchange for royalties or distributions from the Private Company Partners, with the principal objective of generating stable and predictable cash flows for dividend payments to its shareholders. Royalties or distributions to Alaris from the Private Company Partners are adjusted annually based on the percentage change of a "top line" financial performance measure such as gross margin, same clinic sales, gross revenues and same-store sales and rank in priority to the owners' common equity position.

Contact Information

  • Curtis Krawetz
    Vice President, Investments and Investor Relations
    Alaris Royalty Corp.
    403-221-7305
    www.alarisroyalty.com