Tantalus Systems Announces Voting Results for Annual General Meeting
Rhea-AI Summary
Tantalus Systems (TSX: GRID), a technology company focused on modernizing utility distribution grids through data-driven solutions, has announced the voting results from its annual general meeting held on July 23, 2024. Six director nominees were elected with overwhelming support, each receiving over 99.9% of votes in favor. The nominees include Laura Formusa, Dr. Francis J. Harvey, Tom Liston, Peter Londa, John McEwen, and Greg Williams.
Additionally, Ernst & Young LLP was appointed as the company's auditor for the upcoming year, with the directors authorized to determine their remuneration. The meeting results demonstrate strong shareholder confidence in Tantalus Systems' leadership and governance structure.
Positive
- High shareholder approval for all director nominees, with each receiving over 99.9% of votes in favor
- Successful appointment of Ernst & Young LLP as auditors, indicating continuity in financial oversight
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, TNTLF declined NaN%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Burnaby, British Columbia--(Newsfile Corp. - July 23, 2024) - Tantalus Systems (TSX: GRID) ("Tantalus" or the "Company"), a technology company dedicated to helping utilities modernize their distribution grids by harnessing the power of data, today announced the voting results of the Company's annual general meeting of shareholders held on July 23, 2024 (the "Meeting").
Election of Directors
The following six nominees of management were elected as directors at the Meeting. The voting results for the election of each director nominee are as follows:
| Name of Nominee | Votes For | Votes Withheld | ||
| Number of Votes | Percentage of Votes | Number of Votes | Percentage of Votes | |
| Laura Formusa | 32,054,124 | 1,500 | ||
| Dr. Francis J. Harvey | 32,054,124 | 1,500 | ||
| Tom Liston | 32,054,124 | 1,500 | ||
| Peter Londa | 32,034,424 | 21,200 | ||
| John McEwen | 32,034,424 | 21,200 | ||
| Greg Williams | 32,034,424 | 21,200 | ||
Appointment of Auditors
At the Meeting, Ernst & Young LLP was appointed as auditors of the Company for the ensuing year, at a remuneration to be fixed by the directors.
About Tantalus Systems Holding Inc. (TSX: GRID)
Tantalus is a technology company dedicated to helping utilities modernize their distribution grids by harnessing the power of data across all their devices and systems deployed throughout the entire distribution grid. We offer a grid modernization platform across multiple levels: intelligent connected devices, communications networks, data management, enterprise applications and analytics. Our solutions provide utilities with the flexibility they need to get the most value from existing infrastructure investments while leveraging advanced capabilities to plan for future requirements. Learn more at http://www.tantalus.com/.
Contact Tantalus:
Jacquie Hudson
Marketing Communications Manager
613-552-4244 | jhudson@tantalus.com
Deborah Honig
Investor Relations
647-203-8793 | deborah@adcap.ca
Website: www.tantalus.com
Linkedin: Linkedin/company/tantalus
X: @TantalusCorp
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/217506
FAQ
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