Dominion Citrus Income Fund
TSX : DOM.UN

Dominion Citrus Income Fund

July 20, 2015 10:40 ET

Dominion Citrus Income Fund (TSX:DOM.UN) Announces Annual General Meeting Board of Trustees Election Results

TORONTO, ONTARIO--(Marketwired - July 20, 2015) - Dominion Citrus Income Fund (TSX:DOM.UN) (the "Fund") announces that the nominees listed in the management proxy circular for the 2014 Annual General Meeting of Unitholders were elected as Trustees of the Fund. Nominees of the Fund for election as directors of Dominion Citrus Limited (TSX:DMN.PR.A) were approved. Detailed results of the vote held at Annual General Meeting on May 14, 2015 are set out below:

Outcome % Votes Votes % Votes
General Business of Vote Votes For For Withheld Withheld
1. Resolution to elect as trustees of the Fund to hold office until the next annual unitholders' meeting or until their successors are elected or appointed:
- R. Peter McLaughlin Elected 1,992,821 96.02% 82,639 3.98%
- Paul Scarafile Elected 1,992,821 96.02% 82,639 3.98%
- Christopher Wallace Elected 1,993,893 96.07% 81,567 3.93%
2. Resolution to approve nominees of the Fund for election as directors of Dominion Citrus Limited for the ensuing year:
- Winston Ash Approved 2,015,876 97.13% 59,584 2.87%
- John Blair Approved 2,026,598 97.65% 48,862 2.35%
- Barry Cracower Approved 2,037,320 98.16% 38,140 1.84%
- R. Peter McLaughlin Approved 2,015,337 97.10% 60,123 2.90%
- Paul Scarafile Approved 2,035,176 98.06% 40,284 1.94%

Voting results on all matters voted on at the Annual General Meeting were filed on SEDAR at www.sedar.com

About Dominion

The Fund is a publicly traded, unincorporated, open-ended limited purpose income trust. On January 1, 2006, all of the common shares of DCL were exchanged for trust units of the Fund. The trust units are listed on the TSX under the symbol DOM.UN. The Series A preference shares of DCL are listed on the TSX under the symbol DMN.PR.A.

DCL is a diversified food company supplying fresh produce to a wide variety of customers in retail, foodservice and food distribution businesses. DCL provides procurement, processing, repacking, sorting, grading, warehousing and distribution services to its major domestic markets being Ontario and Québec. DCL also supplies products to customers in the United States. The Fund's website may be accessed at www.dominioncitrus.com.

Cautionary Statement Regarding Forward Looking Information and Statements

Certain statements contained in this press release contain "forward-looking information" pursuant to Canadian securities laws ("forward-looking statements"). Forward-looking statements relate to future events, including announcements regarding future plans and developments respecting operations of Dominion Farm. All statements other than statements of historical fact are forward-looking statements. The use of any of the words "anticipate", "plan", "contemplate", "continue", "estimate", "expect", "intend", "propose", "might", "may", "will", "shall", "project", "should", "could", "would", "believe", "predict", "forecast", "pursue", "potential" and "capable" and similar expressions are intended to identify forward-looking statements. These forward-looking statements may be affected by the risks and uncertainties in the Fund's and DCL's business, including those described in the Fund's and DCL's most recent annual information form filed on SEDAR at www.sedar.com. Any forward-looking statements speak only as of the date of this press release, and the Fund assumes no obligation to update or revise any forward-looking statement to reflect events or circumstances arising after the date of this press release except as required by applicable securities laws.

Contact Information

  • Dominion Citrus Income Fund
    Peter McLaughlin
    Chairman of the Board of Trustees
    (416) 802-2367

    Dominion Citrus Limited
    Winston Ash
    President & CEO
    (416) 242-8341 x 250