June 19, 2017 – St. Albert, AB – Enterprise Group, Inc. (“Enterprise,” or “the Company”) [TSX: E] announces that at its annual and special meeting of shareholders held on June 15, 2017 shareholders approved all resolutions set forth in the management information circular dated April 28, 2017, including the election of each of the nominees proposed as directors. The detailed results of the vote are set out below.
Election of Directors
The following nominees were elected as directors of the Company to hold office until the next annual meeting of the shareholders:
| Nominee |
Votes For |
% |
Votes Withheld |
% |
| Leonard Jaroszuk |
22,731,580 |
95.77% |
1,003,971 |
4.23% |
| John Pinsent |
23,535,740 |
99.16% |
199,811 |
0.84% |
| Desmond O’Kell |
23,543,563 |
99.19% |
191,988 |
0.81% |
| John Campbell |
23,411,480 |
98.63% |
324,071 |
1.37% |
| Neil Darling |
23,413,479 |
98.64% |
322,072 |
1.36% |
Appointment of Auditors
By vote by way of a show of hands, Grant Thornton LLP, Chartered Accountants, of Edmonton, Alberta, were appointed Auditors of the Company.
Warrant Extension
The motion to approve an ordinary resolution approving an extension to the term of 2,387,500 common share purchase warrants issued to certain directors and officers was approved with 91.57% of votes cast in favour of the resolution and 8.43% of votes cast against the resolution. A total of 10,429,665 common shares held by directors and officers were excluded from voting with respect to this resolution.
About Enterprise Group, Inc.
Enterprise Group, Inc. is a consolidator of construction services companies operating in the energy, utility and transportation infrastructure industries. The Company’s focus is primarily construction services and specialized equipment rental. The Company’s strategy is to acquire complementary service companies in Western Canada, consolidating capital, management, and human resources to support continued growth. More information is available at the Company’s website www.enterprisegrp.ca. Corporate filings can be found on www.sedar.com
For questions or additional information, please contact:
Leonard Jaroszuk: President & CEO, or
Desmond O’Kell: Senior Vice-President
contact@enterprisegrp.ca
780-418-4400