++BREAKING NEWS++
Electrovaya Inc. (TSX: EFL) has announced that all of the resolutions that shareholders were asked to consider at its 2015 Annual Meeting held in Mississauga, Ontario, were approved. The five directors named in the management information circular of the Company, being Dr. Sankar Das Gupta, Dr. Bejoy Das Gupta, Ralph E. Lean, Dr. Alexander McLean and Dr. Bernard Fleet, were each elected as returning directors by over 99.6% of the votes cast for and less than 0.4% of the votes withheld at the Meeting for each director individually. Goodman & Associates LLP, were re-appointed as the auditors of the Company.
Electrovaya Inc. designs, develops and manufactures proprietary Lithium Ion Super Polymer® batteries, battery systems, and battery-related products for the clean electric transportation, Utility Scale Energy Storage and smart grid power, consumer and healthcare markets. The Company’s mission is to accelerate clean transportation as a commercial reality with its advanced power system for all classes of zero-emission electric vehicles and plug-in hybrid electric vehicles. The Company’s other mission is to deliver Utility Scale Energy Storage Systems for the highest efficiency in electricity storage, whether the electricity is generated from intermittent wind and solar power or from other sources. Founded in 1996 and headquartered in Ontario, Canada, Electrovaya has production facilities in Canada and customers around the globe.
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