Xtract One Announces Results of Voting at the Annual General and Special Meeting of Shareholders
A total of 93,040,691 common shares of the Company (“Common Shares”), or 38.753% of the 240,088,987 issued and outstanding Common Shares as at the record date of the Meeting, were voted at the Meeting by proxy. No Common Shares were voted at the Meeting in person. All nominees of the Company were elected as directors of the Company as follows:
| Nominee | Votes For | % of Votes For | Votes Withheld | % of Votes Withheld | ||
| 53,404,372 | 95.313% | 2,626,318 | 4.687% | |||
| 54,431,085 | 97.145% | 1,599,605 | 2.855% | |||
| 50,901,155 | 90.845% | 5,129,535 | 9.155% | |||
| 53,360,836 | 95.235% | 2,669,854 | 4.765% | |||
| 52,331,623 | 93.398% | 3,699,067 | 6.602% | |||
In addition, the following matters were approved by the affirmative vote of the requisite majority of the votes represented at the Meeting:
- setting the number of directors of the Company at five (5) for the ensuing year;
- the appointment of
Davidson & Company LLP as auditor of the Company for the ensuing year, and authorizing the directors to fix the auditors remuneration for the ensuing year; and - the re-approval of the Company’s Omnibus Equity Incentive Plan (the “Plan”), as amended, and approval of all unallocated awards under the Plan.
About
About Threat Detection and Security Solutions
Xtract One solutions, when properly configured, deployed, and utilized, are designed to help enhance safety and reduce threats. Given the wide range of potential threats in today's world, no threat detection system is 100% effective. Xtract One solutions should be utilized as one element in a multilayered approach to physical security.
For further information, please contact:
Xtract One Inquiries: info@xtractone.com, http://www.xtractone.com
Media Contact:
Investor Relations:
Source: Xtract One Technologies Inc.