Callidus Announces Election of Directors
June 29 2017 - 4:06PM
PR Newswire (Canada)
TORONTO, June 29, 2017 /CNW/ - Callidus Capital
Corporation (TSX: CBL) ("Callidus" or the "Company") today
announced that all of the nominee directors listed in the Company's
management information circular dated May
25, 2017, were elected as directors of the Company. The vote
was conducted at the Company's annual meeting of shareholders held
on June 29, 2017. The results of the
vote are set out below:
|
|
|
|
|
|
Nominee
|
Votes
For
|
Votes
Withheld
|
Percentage of
Votes For
|
Percentage of
Votes
Withheld
|
|
Bradley W.
Ashley
|
37,270,055
|
18,787
|
99.95
|
0.05
|
|
Tibor
Donath
|
37,268,155
|
20,687
|
99.94
|
0.06
|
|
Newton
Glassman
|
37,272,128
|
16,714
|
99.96
|
0.04
|
|
Jim Riley
|
37,272,128
|
16,714
|
99.96
|
0.04
|
|
David
Sutin
|
37,270,955
|
17,887
|
99.94
|
0.05
|
About Callidus Capital Corporation
Established in 2003, Callidus Capital Corporation is a Canadian
company that specializes in innovative and creative financing
solutions for companies that are unable to obtain adequate
financing from conventional lending institutions. Unlike
conventional lending institutions who demand a long list of
covenants and make credit decisions based on cash flow and
projections, Callidus credit facilities have few, if any, covenants
and are based on the value of the borrower's assets, its enterprise
value and borrowing needs. Callidus employs a proprietary system of
monitoring collateral and exercising control over the cash inflows
and outflows of each borrower, enabling Callidus to very
effectively manage risk of loss. Further information is available
on our website, www.calliduscapital.ca.
SOURCE Callidus Capital Corporation
Copyright 2017 Canada NewsWire
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