At the Meeting, 112,642,962 commons shares, representing 58% of the issued and outstanding shares, were voted by proxy. All proposed resolutions were approved, and details of all resolutions that were voted upon are set out in the Management Information Circular (the “Circular”) dated
All of the board of directors nominees listed in the Circular were re-elected as directors of Hanwei. Results of the vote were as follows:
Nominee | Votes For | Votes Withheld | ||
111,853,887 | 99.32% | 765,130 | 0.68% | |
111,734,887 | 99.21% | 884,130 | 0.79% | |
112,475,017 | 99.87% | 144,000 | 0.13% | |
111,853,887 | 99.32% | 765,130 | 0.68% |
Shareholders also approved the following two additional resolutions at the Meeting, namely:
1. Re-appointing the Company’s auditors,
2. Approval of the Sale of
About
Hanwei’s principal business operations are in the oil and gas industry as an equipment supplier to the industry (as a manufacturer of high pressure, fiberglass reinforced plastic (FRP) pipe products serving energy customers in the global energy market).
For more information, please contact:
Chief Financial Officer
604-685-2239
mma@hanweienergy.com
Neither the TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.
FORWARD-LOOKING INFORMATION AND NON-GAAP MEASURES
Certain information in this press release is forward-looking within the meaning of certain securities laws, and is subject to important risks, uncertainties and assumptions a description of which is set out in the risk factors section of the Company’s Annual Information Form dated
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE PRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, THE COMPANY DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME, EXCEPT AS REQUIRED BY APPLICABLE SECURITIES LEGISLATION.
Source:
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