VELAN Inc.
TSX : VLN

VELAN Inc.

July 13, 2016 12:55 ET

Velan Announces Election of Directors

MONTREAL, QUEBEC--(Marketwired - July 13, 2016) - Velan Inc. (the "Corporation") (TSX:VLN) announced today that each director nominee listed in the Management Proxy Circular dated May 20, 2016 was elected as Director of the Corporation during the Annual Meeting of the Shareholders held on July 12, 2016 in Montréal, Québec.

The details of the election are as follows:

DIRECTOR NOMINEE OUTCOME VOTES FOR % FOR VOTES
WITHHELD
% WITHHELD
Tom Velan elected 80,264,409 99.99 101 0.01
William Sheffield elected 80,264,509 99.99 1 0.01
Kenneth MacKinnon elected 80,264,509 99.99 1 0.01
Peter Velan elected 80,221,909 99.95 42,601 0.05
Cheryl Hooper elected 80,264,509 99.99 1 0.01
Jacques Latendresse elected 80,264,509 99.99 1 0.01
Robert Velan elected 80,264,409 99.99 101 0.01

The results of the final votes regarding all matters subject to a vote during the Annual Meeting will be made available under the Corporation's profile on SEDAR (www.sedar.com).

Contact Information

  • VELAN Inc.
    Tom Velan
    CEO
    (514) 748-7743
    (514) 748-8635 (FAX)

    VELAN Inc.
    John D. Ball
    Chief Financial Officer
    (514) 748-7743
    (514) 748-8635 (FAX)
    www.velan.com