CAMBRIDGE, ON, April 23, 2020 /CNW/ - exactEarth Ltd. (TSX: XCT)
("exactEarth" or the "Company"), a leading provider of
Satellite-AIS data services for ship tracking and maritime
situational awareness solutions, announced the results of the
matters voted upon at the Company's 2020 annual meeting (the
"Meeting") of the shareholders of the Company (the "Shareholders")
held earlier today, which included the election of directors, as
described below.
According to proxies received and a vote by ballot, the voting
results in respect of each of the following six director nominees
all of whom previously served as directors of the Company, were as
follows:
|
Nominee
|
Number of
Shares
|
Percentage of
Votes Cast
(approximate)
|
|
Votes For:
|
Votes
Withheld:
|
Votes For:
|
Votes
Withheld:
|
|
Eric Zahler
(Chairman)
|
7,440,803
|
201,534
|
97.36%
|
2.64%
|
|
Peter
Mabson
|
7,264,690
|
377,647
|
95.06%
|
4.94%
|
|
Miguel Angel Panduro
Panadero
|
7,355,517
|
286,820
|
96.25%
|
3.75%
|
|
Miguel Angel Garcia
Primo
|
7,359,947
|
282,390
|
96.30%
|
3.70%
|
|
Harvey
Rein
|
7,441,081
|
201,256
|
97.37%
|
2.63%
|
|
Lee
Matheson
|
7,440,281
|
202,056
|
97.36%
|
2.64%
|
In addition to the election of each of the director nominees
outlined in detail above, Ernst & Young LLP was re-appointed as
auditor of the Company with 8,291,449 (99.96%) of the shares
represented at the Meeting voting in favour of the resolution.
The total number of common shares of the Company ("Common
Shares") represented by Shareholders present or represented by
proxy at the Meeting was an aggregate of 8,294,850, representing
38.14% of the Company's issued and outstanding Common Shares.
Final voting results of all other matters voted on at the
Meeting will be made available on SEDAR at www.sedar.com.
About exactEarth Ltd.
Since its formation in 2009,
exactEarth has pioneered a powerful new method of maritime
surveillance called Satellite AIS and has delivered to its clients
a view of maritime behaviours across all regions of the world's
oceans unrestricted by terrestrial limitations. exactEarth's
second-generation constellation, exactView RT, securely relays
satellite-detected AIS vessel signals from any location on the
earth's surface to the ground in seconds – thus enabling global
real-time vessel tracking. This unique capability consists of 58
advanced satellite payloads designed and built by L3Harris
Technologies, Inc. under agreement with exactEarth and that are
hosted onboard the Iridium NEXT constellation of satellites.
www.exactearth.com
SOURCE exactEarth Ltd.
