Acadian Timber Corp. Announces Election of Directors
09 May 2018 - 7:35AM
Acadian Timber Corp. (TSX:ADN) (“Acadian Timber” or the “Company”)
announced that the nominees listed in the management proxy circular
for the 2018 Annual Meeting of Shareholders were elected as
directors of the Company. Detailed results of the votes by proxy
for the election of directors held at the Annual Meeting of
Shareholders today in Toronto are set out below.
|
|
|
|
|
Nominee |
Votes For |
% For |
Votes Withheld |
% Withheld |
Phil Brown |
10,625,466 |
97.60 |
261,260 |
2.40 |
Reid Carter |
10,832,253 |
99.50 |
54,473 |
0.50 |
Malcolm Cockwell |
10,832,208 |
99.50 |
54,518 |
0.50 |
Bruce Robertson |
10,628,476 |
97.63 |
258,250 |
2.37 |
Saul Shulman |
10,833,991 |
99.52 |
52,735 |
0.48 |
Ben Vaughan |
10,882,126 |
99.41 |
64,600 |
0.59 |
|
|
|
|
|
About Acadian Timber
Acadian Timber Corp. is a
leading supplier of primary forest products in Eastern Canada and
the Northeastern U.S. With a total of 2.4 million acres of land
under management, Acadian is the third largest timberland operator
in New Brunswick and Maine.
Acadian owns and manages approximately 1.1
million acres of freehold timberlands in New Brunswick and Maine,
and provides timber services relating to approximately 1.3 million
acres of Crown licensed timberlands in New Brunswick. Acadian also
owns and operates a forest nursery in Second Falls, New Brunswick.
Acadian's products include softwood and hardwood sawlogs, pulpwood
and biomass by-products, sold to approximately 85 regional
customers.
Acadian’s business strategy is to maximize cash
flows from its existing timberland assets while growing our
business by acquiring assets on a value basis and utilizing our
operations-oriented approach to drive improved performance.
Acadian’s shares are listed for trading on the
Toronto Stock Exchange under the symbol ADN.
For further information, please visit our
website at www.acadiantimber.com or contact:Jon
SyrnykInvestor Relations Tel:
604-661-9622Email: jsyrnyk@acadiantimber.com
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