Acasta Announces Results of Voting at Annual Meeting of Shareholders

May 28, 2019 10:00 pm

Acasta Enterprises Inc. (TSX: AEF) (“Acasta” or the “Company”) is pleased to announce that it has received shareholder approval for all resolutions voted upon at its annual meeting of shareholders held on May 14, 2019 (the “Meeting”).

All nominees of Acasta were elected as directors of the Company as follows:

Nominee     Votes For       % of Votes For       Votes Withheld       % of Votes Withheld    
Stan Bharti     33,935,441       64.67%       18,539,756       35.33%
Carlo LiVolsi     37,085,755       70.67%       15,389,442       29.33%
Jeffrey Spiegelman     35,076,955       66.85%       17,398,242       33.16%
Charles Wachsberg     36,546,705       69.65%       15,928,492       30.35%
Richard Wachsberg     34,208,791       65.19%       18,266,406       34.81%

In addition, the following matters were approved by the affirmative vote of the requisite majority of the votes represented at the Meeting:

  • Election of Stan Bharti, Carlo LiVolsi, Jeffrey Spiegelman, Charles Wachsberg and Richard Wachsberg as directors of the Company
  • Appointment of UHY McGovern Hurley LLP as auditors of the Company
  • Approval of the name change of the Company to “Apollo Health Corp.”
  • Approval, Ratification and Confirmation of the Company’s Advance Notice By-Law (By-Law No. 2)

Acasta Enterprises Inc.
Fred Leigh