A total of 25,816,872 common shares of the 54,320,086 common shares outstanding at the record date were voted at the Meeting, representing 47.53% of the issued and outstanding common shares of the Company at the record date.
Election of Directors
Each of the following nominees set forth in the Company’s management information circular dated
Nominee | % Votes For | % Votes Withheld | ||
70.81% | 29.19% | |||
79.75% | 20.25% | |||
86.17% | 13.83% | |||
82.53% | 17.47% | |||
86.65% | 13.35% | |||
85.98% | 14.02% |
At the Meeting the shareholders also approved the reappointment of
The shareholders also approved certain amendments to the incentive stock option plan of the Company, 57.23% For and 42.77% Against. The approval of the unallocated stock options issuable pursuant to the amended incentive stock option plan was not approved with 43.21% For and 56.79% Against.
After the Meeting the following officers were appointed:
About
Kelso is a diverse product development company that specializes in the design, engineering, production and distribution of proprietary service equipment used in transportation applications. The Company’s reputation has been earned as a designer and reliable supplier of unique high-quality rail tank car valve equipment that provides for the safe handling and containment of hazardous and non-hazardous commodities during transport. All Kelso products are specifically designed to provide economic and operational advantages to customers while reducing the potential effects of human error and environmental harm.
For a more complete business and financial profile of the Company, please view the Company's website at www.kelsotech.com and public documents posted under the Company’s profile on www.sedar.com in
On behalf of the Board of Directors,
For further information, please contact:
Corporate Address: | ||
Email: bond@kelsotech.com | Email: lee@kelsotech.com | 13966 - 18B Avenue |
www.kelsotech.com |
Source:
2023 GlobeNewswire, Inc., source