TORONTO, Feb. 11,
2025 /CNW/ - TerraVest Industries Inc. (TSX: TVK)
(the "Corporation") held its annual meeting of shareholders
on February 11, 2025 (the
"Meeting"). A total of 13,873,942 common shares
(representing 71.14% of the 19,501,433 outstanding voting shares)
were represented in person or by proxy at the Meeting.
The complete voting results from the Meeting are as follows:
1. Election of
Directors
Each of the nominees proposed in the Corporation's Management
Information Circular dated as of January 9,
2025 (the "Circular") was elected.
|
Name of
Nominee
|
Vote
For
|
%
|
Withhold
Vote
|
%
|
|
Charles
Pellerin
|
10,751,285
|
79.61
|
2,753,651
|
20.39
|
|
Blair Cook
|
12,148,569
|
89.96
|
1,356,367
|
10.04
|
|
Dustin Haw
|
10,933,522
|
80.96
|
2,571,414
|
19.04
|
|
Dale H.
Laniuk
|
10,758,911
|
79.67
|
2,746,025
|
20.33
|
|
Rocco Rossi
|
12,334,789
|
91.34
|
1,170,147
|
8.66
|
|
Mick MacBean
|
12,356,137
|
91.49
|
1,148,799
|
8.51
|
2. Appointment of
KPMG LLP as the Corporation's auditors
KPMG LLP was re-appointed as the Corporation's auditors and the
directors were authorized to determine their remuneration.
|
Number of
Votes
|
%
|
|
Votes FOR
|
13,857,504
|
99.88
|
|
Votes
WITHHELD
|
16,438
|
0.12
|
|
Total
|
13,873,942
|
100.00
|
3. Option Plan
Resolution
A resolution approving all unallocated options, rights or other
entitlements under the Corporation's stock option plan until
February 11, 2028 was approved.
|
Number of
Votes
|
%
|
|
Votes FOR
|
10,093,267
|
74.74
|
|
Votes
AGAINST
|
3,411,669
|
25.26
|
|
Total
|
13,504,936
|
100.00
|
4. DSU Plan
Resolution
A resolution approving, ratifying and confirming the adoption of
the Corporation's deferred share unit plan and the unallocated
rights thereunder until February 11,
2028 was approved.
|
Number of
Votes
|
%
|
|
Votes FOR
|
11,769,683
|
87.15
|
|
Votes
AGAINST
|
1,735,253
|
12.85
|
|
Total
|
13,504,936
|
100.00
|
SOURCE TerraVest Industries Inc.
