TORONTO,
Jan. 7, 2014 /CNW/ - Edgefront Realty
Corp. ("Edgefront" or the "Company") (TSXV: ED) is
pleased to announce that each of the matters set out in the
Company's management information circular dated December 5, 2013 (the "Circular") for the
annual and special meeting of shareholders held on January 6, 2014 (the "Meeting") were
approved by the requisite majority of shareholders. In particular,
the resolution regarding the approval of Edgefront's previously
announced plan of arrangement providing for the conversion of the
Company into Edgefront Real Estate Investment Trust, as well as the
resolution approving the acquisition of 10 industrial properties
located in Alberta, Saskatchewan, British Columbia and the Northwest Territories, were approved by 100%
of votes cast.
Further, each of the director nominees listed in
the Circular were elected as directors of the Company. Voting
results for the individual directors are as follows:
| Name of Nominee |
Votes For |
Percentage of Total
Votes |
| Kelly C. Hanczyk |
36,337,900 |
100% |
| Mario Forgione |
36,337,900 |
100% |
| Ted Manziaris |
36,337,900 |
100% |
| Robert E. Dickson |
36,337,900 |
100% |
Final results on all matters voted at the
Meeting will be filed shortly with the Canadian securities
regulators.
About Edgefront
Edgefront is a growth oriented real estate
company focused on increasing shareholder value through the
acquisition, ownership and management of industrial properties
located in primary and secondary markets in North America, with an initial focus on
Western Canada. It is the
intention of Edgefront to expand its business of purchasing, owning
and operating real estate assets and to convert into a real estate
investment trust having an external asset management structure,
subject to receipt of all necessary approvals, including that of
the TSX Venture Exchange.
SOURCE Edgefront Realty Corp.
