Dominion Citrus Income Fund
TSX : DOM.UN

Dominion Citrus Income Fund

May 13, 2016 09:17 ET

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

TORONTO, ONTARIO--(Marketwired - May 13, 2016) - Dominion Citrus Income Fund (TSX:DOM.UN) (the "Fund") announces that the nominees listed in the management proxy circular for the 2015 Annual Special Meeting of Unitholders were elected as Trustees of the Fund. Nominees of the Fund for election as directors of Dominion Citrus Limited ("DCL") were approved. Detailed results of the vote held at the Annual Special Meeting on May 12, 2016 are set out below:

General Business
Outcome
of Vote
Votes For
% Votes
For
Votes
Withheld
% Votes
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 7,340,539 99.46% 39,607 0.54%
Michael Blair Elected 7,306,629 99.00% 73,517 1.00%
Christopher Wallace Elected 7,340,539 99.46% 39,607 0.54%
2. Resolution to approve nominees of the Fund for election as directors of Dominion Citrus Limited for the ensuing year:
John Blair Approved 7,339,135 99.44% 41,011 0.56%
Barry Cracower Approved 7,342,539 99.49% 37,607 0.51%
Paul Scarafile Approved 7,371,705 99.89% 8,441 0.11%

Voting results on all matters voted on at the Annual Special 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.

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
    Paul Scarafile
    President & CEO
    (416) 242-8341 x 250