Algoma Central Corporation announces results of Annual General Meeting

May 05, 2015


(TSX : ALC)

ST. CATHARINES, ON, May 5, 2015 /CNW/ - Algoma Central Corporation ("Algoma" – www.algonet.com) held its Annual General Meeting of Shareholders on May 1, 2015 amd announces that all the nominees listed in its Management Proxy Circular dated March 20, 2015 were elected as directors until the next annual general meeting of shareholders. All nominees were elected with the support of 83% of shares voted. The detailed results of the vote are set out below.

Nominee

Votes For

Votes Withheld

Total





Richard B. Carty

31,828,938

289,253

32,118,191

E. M. Blake Hutcheson

32,116,174

2,017

32,118,191

Duncan N.R. Jackman

32,080,494

37,697

32,118,191

Clive P. Rowe

32,110,674

7,517

32,118,191

Mark McQueen

32,106,174

12,017

32,118,191

Harold S. Stephen

31,786,665

331,526

32,118,191

Eric Stevenson

32,113,674

4,517

32,118,191

About Algoma Central Corporation

Algoma Central Corporation operates the largest Canadian flag fleet of dry and liquid bulk carriers operating on the Great Lakes - St. Lawrence Waterway, including 17 self-unloading dry-bulk carriers, seven gearless dry bulk carriers and seven product tankers. Algoma also has interests in ocean dry-bulk and product tanker vessels operating in international markets. Algoma provides ship management services for other ship owners and owns a diversified ship repair and steel fabricating facility active in the Great Lakes and St. Lawrence regions of Canada. In addition, Algoma owns and manages commercial real estate properties in Sault Ste. Marie, St. Catharines and Waterloo, Ontario.

SOURCE Algoma Central Corporation