Orbite Aluminae shareholders approve matters at ASM

2014-06-20 10:50 ET - News Release

An anonymous director reports

ORBITE ANNOUNCES ANNUAL AND SPECIAL MEETING RESULTS

Orbite Aluminae Inc.'s shareholders approved all resolutions put forth at the annual and special meeting of shareholders held in Montreal, Que., on Thursday, June 19, 2014.

Shareholders elected each of the corporation's nominees for director by the votes cast by ballot as shown in the attached table.

                        
Director                Votes for      % for    Votes withheld     % withheld
   
Claude Lamoureux       61,954,112      99.43           352,219           0.57
Glenn Kelly            61,963,337      99.41           368,494           0.59
Stephane Bertrand      60,803,458      97.59         1,501,313           2.41
Peter Crossgrove       61,853,357      99.28           451,414           0.72
Pascal Decary          61,334,352      98.44           968,919           1.56
Lionel Leveille        60,584,788      97.24         1,719,983           2.76
Pierre Meunier         61,061,382      98.00         1,243,389           2.00
Shaun Usmar            61,365,442      98.49           939,328           1.51
Christian Van Houtte   60,875,937      97.71         1,428,834           2.29

Shareholders voted to appoint KPMG LLP as the corporation's auditor and authorized the directors to fix its remuneration.

Shareholders approved the ratification of bylaw No. 2014-2 implementing the advance notice requirements regarding the election of directors, general bylaw No. 2014-1 relating to the business and affairs of the corporation, and the repeal of bylaw No. 2010-2.

Shareholders also ratified and approved the continuation of the revised shareholders rights plan and the corporation's name change to Orbite Technologies Inc./Technologies Orbite Inc. The new name will be effective in mid-September as the corporation is developing its new branding and website.

Complete voting results can be found on SEDAR.