CALGARY, ALBERTA--(Marketwired - May 6, 2015) -
NOT FOR DISTRIBUTION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW.
Alaris Royalty Corp. ("Alaris" or the "Corporation") (TSX:AD) Alaris is pleased to announce the results of voting on the election of directors at its annual general meeting of shareholders held on May 6, 2015 (the "Meeting"). Each of the nominee directors recommended by management and listed in the Corporation's information circular and proxy statement dated March 23, 2015 was elected as a director for a term ending at the next annual meeting of shareholders. The results of the voting for each individual director are set forth below:
|Jack C. Lee||17,324,194 (97.96%)||360,281 (2.04%)|
|E. Mitchell Shier||17,495,051 (98.93%)||189,424 (1.07%)|
|Mary C. Ritchie||17,318,795 (97.93%)||365,680 (2.07%)|
|John P.A. Budreski||14,298,639 (80.85%)||3,385,836 (19.15%)|
|Stephen King||17,679,134 (99.97%)||5,341 (0.03%)|
|Gary Patterson||17,322,205 (97.95%)||362,270 (2.05%)|
|Robert Bertram||17,497,101 (98.94%)||187,374 (1.06%)|
Final voting results on all matters voted on at the meeting has been filed on SEDAR (www.sedar.com) under Alaris' profile. Alaris is also pleased to announce that it has filed a copy of its annual report for the year ended December 31, 2014 under its profile on SEDAR.
About the Corporation:
Alaris provides alternative financing to the Private Company Partners ("Partners") in exchange for royalties or distributions with the principal objective of generating stable and predictable cash flows for dividend payments to its shareholders. Royalties or distributions from the Private Company Partners are structured as a percentage of a "top line" financial performance measure such as gross margin and same-store sales and rank in priority to the owners' common equity position.
Vice President, Investments and Investor Relations