Velan Inc.
TSX : VLN

Velan Inc.

July 14, 2017 12:02 ET

Velan Announces Election of Directors

MONTREAL, QUEBEC--(Marketwired - July 14, 2017) - Velan Inc. (the "Corporation") (TSX:VLN) announced today that each director nominee listed in the Management Proxy Circular dated May 22, 2017 was elected as Director of the Corporation during the Annual of the Shareholders held on July 13, 2017 in Montréal, Québec.

The details of the election are as follows:

DIRECTOR NOMINEE OUTCOME VOTES FOR % FOR VOTES WITHHELD % WITHHELD
Tom Velan elected 80,495,042 99.85% 119,520 0.15%
William Sheffield elected 80,291,962 99.60% 322,600 0.40%
Kenneth MacKinnon elected 80,291,962 99.60% 322,600 0.40%
Peter Velan elected 80,462,542 99.81% 152,020 0.19%
Cheryl Hooper elected 80,613,562 99.99% 1,000 0.01%
Jacques Latendresse elected 80,292,262 99.60% 322,300 0.40%
Robert Velan elected 80,495,042 99.85% 119,520 0.15%
Yves Leduc elected 80,495,042 99.85% 119,520 0.15%

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.
    Yves Leduc
    President & 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