Firm Capital Property Trust Announces Results of Voting at Annual and Special Meeting

Firm Capital Property Trust Announces Results of Voting at Annual and Special Meeting

Canada NewsWire

TORONTO, Nov. 18, 2016 /CNW/ - Firm Capital Property Trust ("FCPT" or the "Trust") (TSXV : FCD.UN) is pleased to announce that at the annual and special meeting (the "Meeting") of unitholders held earlier today, all nominees were elected as trustees of the Trust, as follows:

Nominee

Votes

"For"

% Votes
"For"

Votes

 "Withheld"

% of Votes

"Withheld"

Geoffrey Bledin

2,382,346

99.96%

1,000

0.04%

Eli Dadouch

2,382,346

99.96%

1,000

0.04%

Stanley Goldfarb

2,375,346

99.66%

8,000

0.34%

Jonathan Mair

1,790,191

75.11%

593,155

24.89%

Robert McKee

2,375,346

99.66%

8,000

0.34%

Sandy Poklar

2,355,346

99.83%

28,000

1.17%

Lawrence Shulman

2,375,346

99.66%

8,000

0.34%

Howard Smuschkowitz

2,375,346

99.66%

8,000

0.34%

Manfred Walt

2,375,346

99.66%

8,000

0.34%

 

All other matters considered by unitholders at the Meeting were also approved, the details of which are contained in the Report on Voting Results regarding the Meeting filed by the Trust on Sedar at www.sedar.com.

Further information about the Trust can be found by selecting the Firm Capital Property Trust link at www.firmcapital.com.

ABOUT FIRM CAPITAL PROPERTY TRUST
Firm Capital Property Trust is focused on creating long-term value for Unitholders, through capital preservation and disciplined investing to achieve stable distributable income. In partnership with management and industry leaders, The Trust's plan is to co-own a diversified property portfolio of multi-residential, flex industrial, net lease convenience retail, and core service provider professional space. In addition to stand alone accretive acquisitions, the Trust will make joint acquisitions with strong financial partners and acquisitions of partial interests from existing ownership groups, in a manner that provides liquidity to those selling owners and professional management for those remaining as partners. 

FORWARD LOOKING INFORMATION

This press release may contain forward-looking statements. In some cases, forward-looking statements can be identified by the use of words such as "may", "will", "should", "expect", "plan", "anticipate", "believe", "estimate", "predict", "potential", "continue", and by discussions of strategies that involve risks and uncertainties. The forward-looking statements are based on certain key expectations and assumptions made by the Trust regarding, among other things, the use of the net proceeds from the offering. By their nature, forward-looking statements involve numerous assumptions, inherent risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and various future events will not occur. Although management of the Trust believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that future results, levels of activity, performance or achievements will occur as anticipated. Neither the Trust nor any other person assumes responsibility for the accuracy and completeness of any forward-looking statements, and no one has any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or such other factors which affect this information, except as required by law.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, which may be made only by means of a prospectus, nor shall there be any sale of the Units in any state, province or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under securities laws of any such state, province or other jurisdiction. The Units have not been, and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered, sold or delivered in the United States absent registration or an application for exemption from the registration requirements of U.S. securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Firm Capital Property Trust

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