~All nominated directors and proposed resolutions
approved by shareholders~
VANCOUVER, BC, June 23, 2021 /CNW/ - Greenlane Renewables Inc.
("Greenlane") (TSX: GRN) (FSE: 52G) is pleased to announce the
results from its 2021 Annual General and Special Meeting of
Shareholders held on June 23, 2021
(the "Meeting"). Shareholders approved all matters submitted to
them for approval at the annual general meeting. A total of
50,442,941 common shares were voted at the Meeting, representing
35.4% of the votes attached to all outstanding common shares of the
Company. The results of the voting are set forth below:
|
Outcome of
Vote
|
Votes
For
|
Votes
Against or Withheld
|
|
1) Fix the
number of directors of the Company to be elected at the meeting at
seven
|
Passed
|
48,986,225
(99.8%)
|
81,204
(0.2%)
|
|
2) Elect as a
director: Candice Alderson
|
Passed
|
48,986,225
(99.8%)
|
81,204
(0.2%)
|
|
3) Elect as a
director: David Blaiklock
|
Passed
|
43,401,676
(88.5%)
|
5,665,753
(11.5%)
|
|
4) Elect as a
director: David Demers
|
Passed
|
43,390,369
(88.4%)
|
5,677,060
(11.6%)
|
|
5) Elect as a
director: Brad Douville
|
Passed
|
45,928,587
(93.6%)
|
3,138,842
(6.4%)
|
|
6) Elect as a
director: Patricia Fortier
|
Passed
|
48,986,214
(99.8%)
|
81,215
(0.2%)
|
|
7) Elect as a
director: Wade Nesmith
|
Passed
|
45,903,586
(93.6%)
|
3,163,843
(6.4%)
|
|
8) Elect as a
director: Elaine Wong
|
Passed
|
48,997,239
(99.9%)
|
70,190
(0.1%)
|
|
9) Appoint
PricewaterhouseCoopers LLP, Chartered Professional Accountants, as
the Company's auditor until the next annual meeting of shareholders
and authorize the directors to fix their remuneration
|
Passed
|
50,251,146
(99.6%)
|
191,795
(0.4%)
|
|
10) Approve the
Company's Incentive Plan
|
Passed
|
38,490,932
(78.4%)
|
10,576,497
(21.6%)
|
The matters voted on at the Meeting are fully described in the
management information circular dated May
19, 2021 in addition to the announced amendment to the
Omnibus Plan on June 11 , 2021, which
can be found on SEDAR (www.sedar.com) and on the Company's
website.
About Greenlane Renewables
Greenlane Renewables is a
leading global provider of biogas upgrading systems that are
helping decarbonize natural gas. Our systems produce clean,
low-carbon and carbon-negative renewable natural gas from organic
waste sources including landfills, wastewater treatment plants,
dairy farms, and food waste, suitable for either injection into the
natural gas grid or for direct use as vehicle fuel. Greenlane is
the only biogas upgrading company offering the three main
technologies: water wash, pressure swing adsorption, and membrane
separation. With over 30 years industry experience, patented
proprietary technology, and over 125 biogas upgrading systems sold
into 19 countries worldwide, including the world's largest biogas
upgrading facility, Greenlane is inspired by a commitment to
helping waste producers, gas utilities or project developers turn a
low-value product into a high-value renewable resource. For further
information, please visit www.greenlanerenewables.com.
SOURCE Greenlane Renewables Inc.