Acadian Timber Corp. Announces Election of Directors
May 07 2021 - 11:02AM
Acadian Timber Corp. (TSX:ADN) (“Acadian Timber” or the “Company”)
announced that the nominees listed in the management proxy circular
for the 2021 Annual Meeting of Shareholders were elected as
directors of the Company. Detailed results of the votes by proxy
for the election of directors held at the Annual Meeting of
Shareholders today in Edmundston are set out below.
Nominee |
Votes For |
% For |
Votes Withheld |
% Withheld |
Malcolm Cockwell |
10,301,396 |
98.11 |
% |
198,489 |
1.89 |
% |
Heather Fitzpatrick |
10,289,743 |
98.00 |
% |
210,142 |
2.00 |
% |
Karen Oldfield |
10,459,509 |
99.62 |
% |
40,376 |
0.38 |
% |
Erika Reilly |
10,471,164 |
99.73 |
% |
28,721 |
0.27 |
% |
Bruce Robertson |
10,463,232 |
99.65 |
% |
36,653 |
0.35 |
% |
About Acadian Timber
Acadian Timber Corp.
(“Acadian”, the “Company” or “we”) is one of the largest timberland
owners in Eastern Canada and the Northeastern U.S. and has a total
of approximately 2.4 million acres of land under management.
Acadian owns and manages approximately 761,000 acres of freehold
timberlands in New Brunswick (“New Brunswick Timberlands” or “NB
Timberlands”), approximately 300,000 acres of freehold timberlands
in Maine (“Maine Timberlands”) and provides timber services
relating to approximately 1.3 million acres of Crown licensed
timberlands in New Brunswick. Acadian’s products include softwood
and hardwood sawlogs, pulpwood and biomass by-products, sold to
approximately 90 regional customers.
Acadian’s business strategy is to maximize cash
flows from its existing timberland assets through sustainable
forest management and other land use activities while growing its
business by acquiring assets on a value basis and actively managing
these assets to drive improved performance.
Acadian’s shares are listed for trading on the Toronto Stock
Exchange under the symbol ADN.
For further information, please visit our website at
www.acadiantimber.com or contact:
Adam Sheparski |
Chief Financial Officer |
Tel: |
506-737-2345 |
Email: |
ir@acadiantimber.com |
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