TORONTO, May 11, 2023
/CNW/ - Medical Facilities Corporation (TSX: DR) ("Medical
Facilities", "MFC" or the "Corporation") announced that the
nominees listed in the management information circular for the 2023
Annual Meeting of Shareholders (the "Meeting") held on
May 11, 2023 via online webcast were elected as directors
of the Corporation.
Detailed results of the votes by proxy and ballot for the
election of directors are set out below.
|
Nominee
|
Votes
For
|
% of Votes
For
|
Votes
Withheld
|
% of Votes
Withheld
|
|
Yanick
Blanchard
|
11,476,724
|
99.51 %
|
57,004
|
0.49 %
|
|
Erin S.
Enright
|
11,475,663
|
99.50 %
|
58,065
|
0.50 %
|
|
Michael V.
Gisser
|
11,383,897
|
98.70 %
|
149,831
|
1.30 %
|
|
Jason P.
Redman
|
11,469,553
|
99.44 %
|
64,175
|
0.56 %
|
|
Reza Shahim
|
11,463,762
|
99.39 %
|
69,966
|
0.61 %
|
|
Adina G.
Storch
|
11,474,244
|
99.48 %
|
59,484
|
0.52 %
|
At the Meeting, the shareholders of the Corporation also approved
the appointment of Grant Thornton LLP as auditors of the
Corporation and authorized the board of directors of the
Corporation to fix their remuneration, with 99.08% of the votes in
favour.
About Medical Facilities
Corporation
Medical Facilities, in partnership with physicians, owns a
portfolio of highly rated, high-quality surgical facilities in
the United States. MFC's ownership
includes controlling interest in four specialty surgical hospitals
located in Arkansas, Oklahoma, and South
Dakota, and an ambulatory surgery center ("ASC") located in
California. In addition, through a
partnership with NueHealth LLC, Medical Facilities owns a
controlling interest in five ambulatory surgery centers located in
Michigan, Missouri, Nebraska, Ohio, and Pennsylvania. MFC also owns a non-controlling
interest in an ASC in Missouri.
The specialty surgical hospitals perform scheduled surgical,
imaging, diagnostic and other procedures, including primary and
urgent care, and derive their revenue from the fees charged for the
use of their facilities. The ASCs specialize in outpatient surgical
procedures, with patient stays of less than 24 hours. For more
information, please visit www.medicalfacilitiescorp.ca.
Caution concerning forward-looking statements
Statements made in this news release, other than those
concerning historical financial information, may be forward-looking
and therefore subject to various risks and uncertainties.
Some forward-looking statements may be identified by words like
"may", "will", "anticipate", "estimate", "expect", "intend", or
"continue" or the negative thereof or similar variations. Certain
material factors or assumptions are applied in making
forward-looking statements and actual results may differ materially
from those expressed or implied in such statements. Factors that
could cause results to vary include those identified in Medical
Facilities' filings with Canadian securities regulatory authorities
such as legislative or regulatory developments, intensifying
competition, technological change and general economic conditions.
All forward-looking statements presented herein should be
considered in conjunction with such filings. Medical Facilities
does not undertake to update any forward-looking statements; such
statements speak only as of the date made.
SOURCE Medical Facilities Corporation
