DRUMMONDVILLE, QUEBEC–(Marketwired – June 2, 2017) – NAPEC Inc. (“NAPEC” or the “Corporation”) (TSX:NPC) held its Annual and Special Meeting of shareholders (the “Meeting”) on June 1, 2017. All candidates proposed as directors were duly elected to the Board of Directors of the Corporation by a majority of the votes cast by shareholders present or represented by proxy at the Meeting as follows:
| Name | For | Withheld |
| % | % | |
| Serge Chiasson | 83.60 | 16.40 |
| Yves Filion | 83.60 | 16.40 |
| Pierre L. Gauthier | 99.97 | 0.03 |
| Guy Pelletier | 97.41 | 2.59 |
| Luc Reny | 83.66 | 16.34 |
| Yves Rheault | 94.21 | 5.79 |
| Jean Rochette | 83.60 | 16.40 |
| Denis Tremblay | 97.09 | 2.91 |
Shareholders present or represented by proxy at the Meeting also voted by a proportion of 76.23% in favour of a resolution to approve, ratify and confirm By-law Fourteen – By-law Relating to Advance Notice of Nominations of Directors of the Corporation.
Please note that the report on the voting results is also available on SEDAR at www.sedar.com.
FORWARD-LOOKING STATEMENTS
This document contains forward-looking statements that reflect management’s current expectations regarding future events. Forward-looking statements are based on a number of factors and include risks and uncertainties. Actual results may differ from forecast results. Management assumes no obligation beyond what is required under the law to update or revise forward-looking statements pursuant to new information or future events.
OVERVIEW OF THE CORPORATION
NAPEC is a company operating in the energy sector. The Corporation is a leading provider of construction and maintenance services to the public utility and heavy industrial markets, mainly in Quebec, Ontario and the eastern United States. NAPEC and its subsidiaries build and maintain electrical transmission and distribution systems, solar panel farms and natural gas networks. The Corporation also installs gas-powered and electric-powered heavy equipment for utilities, gas-fired industrial power plants and petrochemical facilities in North America. The Corporation also offers environmental construction and road matting services.
Additional information on NAPEC can be found in the SEDAR database (www.sedar.com) and on the Corporation’s website, at www.napec.ca.
NAPEC Inc.
Contacts:
Pierre L. Gauthier
President and Chief Executive Officer
819-479-7771
p.gauthier@napec.ca
Mario Trahan, CPA, CMA
Chief Financial Officer
819-479-7771
m.trahan@napec.ca
MaisonBrison
Martin Goulet, CFA
514-731-0000
martin@maisonbrison.com