CALGARY, May 18, 2017 /PRNewswire/ - Intermap (TSX: IMP), (ITMSF:BB), held its annual shareholders meeting on May 16, 2017, at the Fairmont Palliser Hotel in Calgary, Alberta. A total of 102,521,151 common shares, representing 63.50% of the common shares outstanding were represented in person or by proxy.
Below are the results of the matters that were voted on by shareholders:
1. | Election of Directors | ||||
Intermap's four director nominees were elected: | |||||
Nominee | Votes For (percent) | Votes Withheld (percent) | |||
Patrick A. Blott | 99.13% | 0.87% | |||
Andrew P. Hines | 99.19% | 0.81% | |||
Michael R. Zapata | 99.15% | 0.85% | |||
Philippe Frappier | 98.95% | 1.05% | |||
2. | Appointment of Auditors | ||||
The re-appointment of KPMG LLP as auditors was approved. | |||||
Votes For (percent) | Votes Withheld (percent) | ||||
95.07% | 4.93% | ||||
3. | Amendment of Articles | ||||
The amendment of the articles to consolidate Intermap's common shares was approved. | |||||
Votes For (percent) | Votes Against (percent) | ||||
86.90% | 13.10% | ||||
4. | Approval of Unallocated Options | ||||
The unallocated options under Intermap's stock option plan were approved. | |||||
Votes For (percent) | Votes Against (percent) | ||||
85.51% | 14.49% | ||||
5. | Amendment of Stock Option Plan | ||||
The amendment of Intermap's stock option plan to remove the restriction on the number of options that can be granted to non-employee directors was approved. | |||||
Votes For (percent) | Votes Against (percent) | ||||
84.86% | 15.14% | ||||
The ordinary resolution to amend the Corporation's outstanding warrants, as described in the Information Circular, was withdrawn.
SOURCE Intermap Technologies Corporation
