Firan Technology Group Corporation Announces Results of AGM
April 17 2019 - 4:10PM
Firan Technology Group Corporation (TSX: FTG)
(“
FTG” or the “
Corporation”)
today announced the results of its annual general meeting of
shareholders (“
AGM”), held in Toronto, Ontario on
April 16, 2019. The Corporation is pleased to report that
each of the director nominees listed in its management information
circular dated March 4, 2019 were elected as directors of
FTG. The directors have been elected to serve until the close
of the next annual meeting of shareholders. The detailed
results of the vote for the election of directors of FTG are set
out below.
Each of the following five director nominees
proposed by management was elected as a director of FTG:
Nominee |
Votes For |
% Votes For |
Votes Withheld |
% Votes Withheld |
Mike L. Andrade |
13,957,957 |
99.996% |
568 |
0.004% |
Robert J. Beutel |
13,957,957 |
99.996% |
568 |
0.004% |
Bradley C. Bourne |
13,957,957 |
99.996% |
568 |
0.004% |
Edward C. Hanna |
13,951,557 |
99.950% |
6,968 |
0.050% |
David F. Masotti |
13,957,957 |
99.996% |
568 |
0.004% |
In addition, at the AGM, the shareholders also approved
appointing BDO Canada LLP, Chartered Professional Accountants, as
the Corporation’s auditor and authorized the directors to fix the
auditor’s remuneration. For more information on these
matters, please refer to FTG’s management information circular
dated March 4, 2019, available on SEDAR at www.sedar.com.
ABOUT FIRAN TECHNOLOGY GROUP CORPORATION
FTG is an aerospace and defense electronics product and
subsystem supplier to customers around the globe. FTG has two
operating units:
FTG Circuits is a manufacturer of
high technology, high reliability
printed circuit boards. Our customers are leaders in
the aviation, defense, and high technology industries. FTG
Circuits has operations in Toronto, Ontario, Chatsworth,
California, and a joint venture in Tianjin, China.
FTG Aerospace manufactures illuminated cockpit panels, keyboards
and sub-assemblies for original equipment manufacturers of
aerospace and defense equipment. FTG Aerospace has operations
in Toronto, Ontario, Chatsworth, California, Fort Worth, Texas and
Tianjin, China.
The Corporation's shares are traded on the Toronto Stock
Exchange under the symbol FTG.
FORWARD-LOOKING STATEMENTS
This news release contains certain
forward-looking statements. These forward-looking statements
are related to, but not limited to, FTG’s operations, anticipated
financial performance, business prospects and strategies.
Forward-looking information typically contains words such as
“anticipate”, “believe”, “expect”, “plan” or similar words
suggesting future outcomes. Such statements are based on the
current expectations of management of the Corporation and
inherently involve numerous risks and uncertainties, known and
unknown, including economic factors and the Corporation’s industry,
generally. The preceding list is not exhaustive of all
possible factors. Such forward-looking statements are not
guarantees of future performance and actual events and results
could differ materially from those expressed or implied by
forward-looking statements made by the Corporation. The
reader is cautioned to consider these and other factors carefully
when making decisions with respect to the Corporation and not place
undue reliance on forward-looking statements. Other than as
may be required by law, FTG disclaims any intention or obligation
to update or revise any such forward-looking statements, whether as
a result of new information, future events or otherwise.
For further
information please contact: |
|
|
Bradley C. Bourne, President and CEOFiran
Technology Group Corporation |
Tel: (416) 299-4000, ext.
314 bradbourne@ftgcorp.com |
|
|
Melinda Diebel, Vice President and CFOFiran
Technology Group Corporation |
Tel: (416) 299-4000, ext.
264 melindadiebel@ftgcorp.com |
Additional information can be found at the
Corporation’s website www.ftgcorp.com
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