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
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