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RDL Redline Communications Group Inc

0.90
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Redline Communications Group Inc TSX:RDL Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.90 0.89 0.90 0 01:00:00

Redline Communications Announces Election of Directors

28/06/2014 4:17pm

PR Newswire (Canada)


Redline Communications (TSX:RDL)
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TORONTO, June 28, 2014 /CNW/ - Redline Communications (www.rdlcom.com) Group Inc.(TSX: RDL), a leading provider of mission critical wireless networks for the oil and gas industry, today announced that all of management's nominees listed in the management proxy circular of Redline Communications dated May 27, 2014, 2014 were elected as directors of Redline to hold office until the next annual meeting of shareholders of Redline or until their successors are elected or appointed.

The detailed results of the vote for the election of directors held at Redline's Annual General and Special Meeting of Shareholders on June 25, 2014 are set out below.

Name of Nominee         Votes For       Percentage  Votes Withheld Percentage
Philippe de Gaspe Beaubien   6,516,737        67.36%         3,157,983 32.64%
Eric Demirian    6,804,506  70.33%   2,870,214 29.67%
Nizar Jaffer Somji   9,673,795  99.99%             925 00.01%
Robert Williams    9,673,795  99.99%             925 00.01%
John Wilson    9,673,795  99.99%             925 00.01%
         

Final voting results on all matters voted at the Annual General and Special Meeting have been filed with Canadian securities regulators.

About Redline Communications
Redline Communications (www.rdlcom.com) is the creator of powerful wide-area wireless networks for the most challenging applications and locations.  Used by oil and gas companies to manage their assets, militaries for secure battlefield communications, municipalities to remotely monitor highways, utilities and other infrastructures, and telecom service providers to deliver premium services, Redline's powerful and versatile networks reliably and securely deliver voice, data, M2M and video communications for mission-critical applications.

Forward Looking Statements

Certain statements in this release may constitute forward-looking statements or forward-looking information within the meaning of applicable securities laws.  In some cases, forward-looking statements can be identified by terms such as "could", "expect", "may", "will", "anticipate", "believe", "intend", "estimate", "plan", "potential", "project" or other expressions concerning matters that are not historical facts.  Readers are cautioned not to place undue reliance upon any such forward-looking statements.

Such forward-looking statements are not promises or guarantees of future performance and involve both known and unknown risks and uncertainties that may cause the actual results, performance, achievements or developments of Redline to differ materially from the results, performance, achievements or developments expressed or implied by such forward-looking statements. Forward-looking statements, by their nature, are based on certain assumptions regarding expected growth, management's current plans, estimates, projections, beliefs, opinions and business prospects and opportunities (collectively, the "Assumptions").  While the Company considers these Assumptions to be reasonable, based on the information currently available, they may prove to be incorrect.

 

 

SOURCE Redline Communications Group Inc.

Copyright 2014 Canada NewsWire

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