PhosCan Chemical Corp.
TSX : FOS

PhosCan Chemical Corp.

July 31, 2014 14:58 ET

PhosCan Chemical Announces Results of Annual and Special Meeting

TORONTO, ONTARIO--(Marketwired - July 31, 2014) - PhosCan Chemical Corp. (TSX:FOS) ("PhosCan" or the "Company") announces the results of its annual and special meeting of shareholders (the "Meeting") held in Toronto, Ontario on July 31, 2014.

At the Meeting, all director nominees listed in the Company's management information circular dated July 2, 2014 were elected as directors of the Company. The detailed results of the votes cast for each director elected at the Meeting were as follows:


Director
Number of
Votes For
Percentage of
Total Votes Cast
Stephen D. Case 63,357,340 94.96
Gordon S.T. McKinnon 63,262,305 94.82
A. Murray Sinclair 58,552,805 87.76
Stephen H. White 63,410,240 95.04
John D. Yokley 63,410,440 95.04

In addition, at the Meeting shareholders appointed Collins Barrow Toronto LLP, Chartered Accountants, as auditors of the Company and ratified the advance notice amendment to the Company's by-laws.

The formal report on voting results with respect to the matters voted upon at the Meeting will be filed on SEDAR at www.sedar.com.

About PhosCan

PhosCan owns a 100% interest in the Martison Project and currently has cash, short term investments and marketable securities of approximately $55.6 million. The Company continues to monitor economic conditions for attractively priced acquisitions and investment opportunities that would be accretive to shareholder value.

Contact Information

  • PhosCan Chemical Corp.
    Stephen Case
    President & CEO
    (416) 972-9222