Etrion Announces Results of Annual General Meeting
June 10, 2016, Geneva, Switzerland – Etrion Corporation (“Etrion” or the “Company”) (TSX: ETX/OMX: ETX), a solar independent power producer, held its 2016 Annual and Special General Meeting of Shareholders in Toronto yesterday, and the nominees listed in the management information circular were elected as directors of the Company. Detailed results of the vote for the election of directors are set out below:
|Nominee||Votes For||% For||Votes Withheld||% Withheld|
|Ian H. Lundin||152,913,999||99.98%||33,679||0.02%|
|Marco A. Northland||152,799,245||99.90%||148,433||0.10 %|
|C. Ashley Heppenstall||152,842,898||99.93 %||104,780||0.07 %|
|Aksel Azrac||152,789,299||99.90 %||158,379||0.10 %|
|Garrett Soden||152,791,337||99.90 %||156,341||0.10 %|
Shareholders of the Company also approved by way of ballot a special resolution to amend the articles of the Company to allow the Company to hold meetings of shareholders within any country in Europe in addition to Canada, the United States and the United Kingdom. Additionally, shareholders of the Company voted by show of hands to appoint Ernst & Young LLP, as the auditors of the Company.
Etrion Corporation is an independent power producer that develops, builds, owns and operates utility-scale solar power generation plants. The Company owns 139 MW of installed solar capacity in Italy, Chile and Japan. Etrion has a 25 MW solar project under construction in Japan and is also actively developing greenfield solar power projects in Japan and Chile. The Company is listed on the Toronto Stock Exchange in Canada and the NASDAQ OMX Stockholm exchange in Sweden under ticker symbol “ETX”. Etrion’s largest shareholder is the Lundin family, which owns approximately 24% of the Company’s shares directly and through various trusts.
For additional information, please visit the Company’s website at www.etrion.com or contact:
Paul Rapisarda – Chief Financial Officer
Telephone: +1 (786) 636-6449
Note: The capacity of power plants in this release is described in approximate megawatts on a direct current basis, also referred to as megawatt-peak.
Etrion discloses the information provided herein pursuant to the Swedish Securities Market Act. The information was submitted for publication at 12:45 p.m. Central European Summer Time (CEST) on June 10, 2016.