Bay Street News

Canexus Corporation’s Shareholders Approve Resolutions at Annual Meeting

CALGARY, AB–(Marketwired – June 29, 2016) – Canexus Corporation (TSX: CUS) held its Annual General Meeting of Shareholders in Calgary on June 29, 2016. A total of 64,192,027 shares (34.35% of the total issued and outstanding shares) were represented in person or by proxy. The voting results for the resolution to elect individual directors were as follows:

     
    Outcome of Vote
Nominee   For   %   Withheld   %   Non-Vote
David R. Collyer   61,893,842   96.42   2,298,185   3.58   0
Stephanie L. Felesky   62,213,149   96.92   1,978,878   3.08   0
Hugh A. Fergusson   62,247,595   96.97   1,944,432   3.03   0
Douglas P. Hayhurst   62,292,475   97.04   1,899,552   2.96   0
Arthur N. Korpach   62,272,954   97.01   1,919,073   2.99   0
William J. McAdam   62,156,143   96.83   2,035,884   3.17   0
Richard A. Ott   61,926,343   96.47   2,265,684   3.53   0
R. Douglas Wonnacott   62,134,640   96.79   2,057,387   3.21   0

The Report of Voting Results which provides details of all matters voted upon at the meeting is available for viewing at www.sedar.com.

About Canexus

Canexus produces sodium chlorate and chlor-alkali products largely for the pulp and paper and water treatment industries. Our four plants in Canada and two at one site in Brazil are reliable, low-cost, strategically located facilities that capitalize on competitive electricity costs and transportation infrastructure to minimize production and delivery costs. Canexus also provides fee-for-service hydrocarbon transloading services to the oil industry from its terminal at Bruderheim, Alberta. Canexus targets opportunities to maximize shareholder returns and delivers high-quality products to its customers and is committed to Responsible Care® through safe operating practices. Canexus’ common shares (CUS) and debentures (Series IV – CUS.DB.B; Series V – CUS.DB.C; Series VI – CUS.DB.D) trade on the Toronto Stock Exchange. More information about Canexus is available at www.canexus.ca.

Further information:

Robin Greschner, MBA
Investor Relations
Canexus Corporation
403-571-7356