TORONTO, ONTARIO–(Marketwired – June 29, 2017) – Uranium Participation Corporation (TSX:U) (“UPC” or the “Corporation”) is pleased to announce that the nominees listed in the management information circular for the 2017 Annual and Special Meeting of Shareholders (“Annual and Special Meeting”) were elected as directors of the Corporation. Detailed results of the vote for the election of directors at the Annual and Special Meeting held earlier today in Toronto are set out below.
Nominee | Votes For | % For | Votes Withheld | % Withheld |
Paul J. Bennett | 66,486,138 | 99.51 | 324,317 | 0.49 |
Thomas Hayslett | 66,488,788 | 99.52 | 321,667 | 0.48 |
Jeff Kennedy | 50,757,967 | 75.97 | 16,052,488 | 24.03 |
Garth MacRae | 49,200,137 | 73.64 | 17,610,319 | 26.36 |
Ganpat Mani | 49,513,211 | 74.11 | 17,297,246 | 25.89 |
Dorothy Sanford | 49,512,811 | 74.11 | 17,297,646 | 25.89 |
UPC shareholders also approved (i) the reappointment of PricewaterhouseCoopers LLP as auditor of the Corporation for the ensuing year at the remuneration to be fixed by directors, and (ii) the reduction in the stated capital of the common shares of the Corporation.
About Uranium Participation Corporation
Uranium Participation Corporation is a company that invests substantially all of its assets in uranium oxide in concentrates (“U3O8“) and uranium hexafluoride (“UF6“) (collectively “uranium”), with the primary investment objective of achieving appreciation in the value of its uranium holdings through increases in the uranium price. UPC provides investors with a unique opportunity to gain exposure to the price of uranium without the resource or project risk associated with investing in a traditional mining company. Additional information about Uranium Participation Corporation is available on SEDAR at www.sedar.com and on Uranium Participation Corporation’s website at www.uraniumparticipation.com.
President & Chief Executive Officer
(416) 979-1991 Ext. 362
Mac McDonald
Chief Financial Officer
(416) 979-1991 Ext. 242