VELAN Inc.
TSX : VLN

VELAN Inc.

July 10, 2015 15:27 ET

Velan Announces Election of Directors

MONTREAL, QUEBEC--(Marketwired - July 10, 2015) - Velan Inc. (the "Corporation") (TSX:VLN) announced today that each director nominee listed in the Management Proxy Circular dated May 24, 2015 was elected as Director of the Corporation during the Annual and Special Meeting of the Shareholders held on July 9, 2015 in Montréal, Québec.

The details of the election are as follows:


DIRECTOR NOMINEE
OUTCOME VOTES FOR % FOR VOTES
WITHHELD
%
WITHHELD
Tom Velan elected 81,211,294 99.99 120 0.01
William Sheffield elected 80,889,114 99.60 322,300 0.40
Kenneth MacKinnon elected 80,889,114 99.60 322,300 0.40
Peter Velan elected 81,181,414 99.96 30,000 0.04
Cheryl Hooper elected 81,211,414 100.00 - -
Robert Velan elected 81,210,414 99.99 1,000 0.01
Jacques Latendresse elected 81,211,414 100.00 - -

The results of the final votes regarding all matters subject to a vote during the annual and special meeting will be made available 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