TORONTO and MARSEILLES, France, May 17, 2018 /CNW/ - Foraco International SA (TSX: FAR) (the "Company" or "Foraco"), in accordance with Toronto Stock Exchange requirements, announced the voting results for the election of its Board of Directors at the Ordinary Meeting of Shareholders of the Company held on May 14, 2018 in Marseille, France (the "Meeting"). In accordance with French law, Shareholders of the Company, when voting in elections for directors, are given the option to vote "for" or "against/abstain" for the director nominees, meaning that it is not possible for nominees for directors to receive a majority of "withhold" votes.

The director nominees, as listed in the Management Proxy Circular relating to the Meeting, were elected as directors of the Company at the Meeting.  The proxy votes submitted for each director were as follows:

Daniel Simoncini

Shareholders

PRESENT

POWERS

PROXIES

Total votes

% of

votes for

RESULT

Adopted

FOR

179,209

42,926,559

61,100

43,166,868

99,98%

Adopted

AGAINST



24,550

24,550

0,06%


Non vote



0

0

0


Jean-Pierre Charmensat

Shareholders

PRESENT

POWERS

PROXIES

Total votes

% of

votes for

RESULT

Adopted

FOR

179,209

42,926,559

61,100

43,166,868

99,98%

Adopted

AGAINST



24,550

24,550

0,06%


Non vote



0

0

0


Bruno Chabas

Shareholders

PRESENT

POWERS

PROXIES

Total votes

% of

votes for

RESULT

Adopted

FOR

179,209

42,926,559

61,100

43,166,868

99,98%

Adopted

AGAINST



24,550

24,550

0,06%


Non vote



0

0

0


Warren Holmes

Shareholders

PRESENT

POWERS

PROXIES

Total votes

% of

votes for

RESULT

Adopted

FOR

179,209

42,926,559

61,100

43,166,868

99,98%

Adopted

AGAINST



24,550

24,550

0,06%


Non vote



0

0

0


Jorge Hurtado

Shareholders

PRESENT

POWERS

PROXIES

Total votes

% of

votes for

RESULT

Adopted

FOR

179,209

42,926,559

61,100

43,166,868

99,98%

Adopted

AGAINST



24,550

24,550

0,06%


Non vote



0

0

0


The Company's statutory filings are available at www.sedar.com.

About Foraco
Foraco International SA (TSX: FAR) is a leading global mineral drilling services company that provides a comprehensive and reliable service offering in mining and water projects. Supported by its founding values of integrity, innovation and involvement, Foraco has grown into the third largest global drilling enterprise with a presence in 23 countries across five continents. For more information about Foraco, visit www.foraco.com.

SOURCE Foraco International SA

Copyright 2018 Canada NewsWire

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