Callidus Capital Corporation Announces Election of Directors
13 Mai 2015 - 1:11AM
PR Newswire (Canada)
TORONTO, May 12, 2015 /CNW/ - Callidus Capital
Corporation (TSX: CBL) ("Callidus" or the "Company") today
announced that all of the nominee directors listed in the Company's
management information circular dated April
10, 2015, were elected as directors of the Company. The vote
was conducted at the Company's annual and special meeting of
shareholders held on May 12, 2015.
The results of the vote are set out below:
Nominee
|
Votes
For
|
Votes
Withheld
|
Percentage
of Votes
For
|
Percentage of
Votes
Withheld
|
Ann Davis
|
41,238,023
|
482,665
|
98.84
|
1.16
|
Tibor
Donath
|
41,238,023
|
482,665
|
98.84
|
1.16
|
Newton
Glassman
|
41,277,524
|
443,164
|
98.94
|
1.06
|
Jim Riley
|
41,302,524
|
418,164
|
99.00
|
1.00
|
David
Sutin
|
41,238,023
|
482,665
|
98.84
|
1.16
|
About Callidus Capital Corporation
Established in 2003, Callidus Capital Corporation is a Canadian
company that specializes in innovative and creative financing
solutions for companies that are unable to obtain adequate
financing from conventional lending institutions. Unlike
conventional lending institutions who demand a long list of
covenants and make credit decisions based on cash flow and
projections, Callidus credit facilities have few, if any, covenants
and are based on the value of the company's assets, its enterprise
value and borrowing needs. Callidus employs a proprietary system of
monitoring collateral and exercising control over the cash inflow
and outflows of each borrower, enabling Callidus to very
effectively manage any risk of loss.
SOURCE Callidus Capital Corporation
Copyright 2015 Canada NewsWire
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