LYDIAN
INTERNATIONAL
NEWS FOR IMMEDIATE RELEASE
LYDIAN REPORTS VOTING RESULTS FROM ANNUAL GENERAL MEETING
TORONTO. Ontario. May 25, 2015 - Lydian International Limited (TSX: LYD) ("Lydian" or the "Company") is providing a summary of the voting results from its 2015 Annual General Meeting of shareholders (the "Meeting") held on Thursday May 21, 2015 in Toronto. Ontario.
Results of the Meeting
A summary of the voting results is as follows:
Total shares voted: 105,469,822
Total shares issued: 184,632,587
Total percentage of shares voted: 57.12%
Election of Directors
Each of the individuals nominated by management for election as a director of the Company was elected as a director at the Meeting. Voting with respect to the election of directors was carried out by ballot and the results are as follows:
Name of Nominee
|
Vote For
|
%
|
Withheld Vote
|
%
|
Gordon Wylie
|
82,469,892
|
96.40
|
3,084,005
|
3.60
|
Howard H. J. Stevenson
|
82,469,892
|
96.40
|
3,084,005
|
3.60
|
Willan H. Abel
|
83,036,970
|
97.06
|
2,516,927
|
2.94
|
Timothy Read
|
83,036,970
|
97.06
|
2,516,927
|
2.94
|
Stephen J. Altmann
|
83,036,970
|
97.06
|
2,516,927
|
2.94
|
Vahan Kololian
|
84,491,797
|
98.76
|
1,062,100
|
1.24
|
Re-Appointment of Auditors
Grant Thornton LLP, Chartered Accountants was appointed by shareholders on a show of hands. The detailed results of the management proxy votes received were as follows:
Name of Auditors
|
Vote For
|
%
|
Withheld Vote
|
%
|
Grant Thornton LLP
|
87,683,597
|
99.97
|
24,535
|
0.03
|
For additional information
Doug Tobler
Chief Financial Officer [email protected]
+1 720-307-5087 (direct) or +1 303-905-4442 (mobile)
Or: [email protected]