Excellium Inc.

Excellium Inc.

May 08, 2013 14:31 ET

Excellium Inc. Announces Annual and Special General Meeting Results

QUEBEC, CANADA--(Marketwired - May 8, 2013) - Excellium Inc. ("Excellium" or the "Corporation") (TSX VENTURE:XLM) announces that all motions put forward for approval at its 2013 Annual General and Special Meeting (the "AGM") held on May 8, 2013 in Montreal, Quebec passed with significant shareholder support.

At the AGM, the following individuals were re-elected as directors of the Corporation for the ensuing year: Monique Imbeault, Jean-Claude Siew, Jean Pouliot, David Holt, Ross Finlay and Bill Pristanski. At the AGM, the shareholders also: (i) approved re-appointing Deloitte & Touche LLP as the Corporation's auditor and authorizing the directors to fix the auditor's remuneration; (ii) re-approved the Amended and Restated Stock Option Plan; and (iii) approved the amendment of the articles of the Corporation by creating a new class of an unlimited number of preferred shares. For more information on these matters, please refer to Excellium's Management Information Circular, dated March 26, 2013, available on SEDAR (www.sedar.com).

The formal Report on Voting Results with respect to all matters voted upon at the AGM will be filed with the Canadian securities regulatory authorities shortly.

Excellium is a security company specialized in biometrics identity systems and proactive security management and in the integration of security products for the institutional and industrial markets. Excellium is active in two distinct but complementary lines of business: electronic security, which includes security management, access control and video surveillance, and electronic identification, comprising background checks and biometric identification.

Excellium's common shares are listed on the TSX Venture Exchange under the trading symbol "XLM" and the year-end Financial Statements and the Management's Discussion & Analysis and its continuous disclosure filings are available on SEDAR at www.sedar.com. For further information about Excellium, please visit its website at www.excellium.ca.

Certain information set out in this News Release constitutes forward-looking information. Forward-looking statements (often, but not always, identified by the use of words such as "expect", "may", "could", "anticipate" or "will" and similar expressions) may describe expectations, opinions or guidance that are not statements of fact and which may be based upon information provided by third parties. Forward-looking statements are based upon the opinions, expectations and estimates of management of XLM as at the date the statements are made and are subject to a variety of known and unknown risks and uncertainties and other factors that could cause actual events or outcomes to differ materially from those anticipated or implied by such forward-looking statements. Although XLM believes that the expectations reflected in the forward-looking statements set out in this press release or incorporated herein by reference are reasonable, it can give no assurance that such expectations will prove to have been correct. The forward-looking statements of XLM contained in this News Release, or incorporated herein by reference, are expressly qualified, in their entirety, by this cautionary statement.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Excellium Inc.
    Jean-Claude Siew
    President and CEO
    (514) 798-8899