The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Press release from Marketwire

TeraGo Announces Results of Annual and Special Meeting of Shareholders

Wednesday, June 25, 2014

TeraGo Announces Results of Annual and Special Meeting of Shareholders

14:28 EDT Wednesday, June 25, 2014

TORONTO, ONTARIO--(Marketwired - June 25, 2014) - TeraGo Inc. (TSX:TGO) (www.terago.ca) today announced that its shareholders voted in favour of all resolutions brought before them at the Company's Annual and Special Meeting of Shareholders held yesterday in Toronto.

A total of 8,470,695 common shares representing 73.26% of the Company's issued and outstanding common shares were voted in connection with the meeting. Shareholders voted in favour of the appointment of KPMG LLP, Chartered Accountants, as its auditors with 99.89% of shares voted for and 0.11% of shares withheld. Shares voted at the meeting in respect of the election of all director nominees was as follows:

Director % of Votes For % of Votes Withheld
Charles Allen 100.00 0.00
Stewart Lyons 100.00 0.00
Grant Ballantyne 100.00 0.00
Jerry Grafstein 97.41 2.59
Michael Martin 100.00 0.00
Jim Nikopoulos 100.00 0.00
Nicole German 100.00 0.00

The updated directors share compensation program was approved with 95.43% of shares voted for by disinterested shareholders and 4.57% of shares voted against.

About TeraGo Networks:

TeraGo Networks Inc. provides businesses across Canada with carrier-grade broadband, data and voice communications services. Colocation and disaster recovery solutions are also provided by Data Centers Canada, a division of TeraGo Networks. The national service provider owns and manages its IP network servicing over 6,400 customer locations in 46 major markets across Canada including Toronto, Montreal, Calgary, Edmonton, Vancouver and Winnipeg. TeraGo Networks is a Competitive Local Exchange Carrier (CLEC) and is a wholly owned subsidiary of TeraGo Inc. (TSX:TGO). More information about TeraGo is available at www.terago.ca.

FOR FURTHER INFORMATION PLEASE CONTACT:

Contact Information:
TeraGo Inc.
Stewart Lyons
President and CEO
1-877-982-3688


TeraGo Inc.
Joe Prodan
Chief Financial Officer
1-877-982-3688
IR@terago.ca
www.terago.ca

Products
  • Globe Unlimited

    Digital all access pass across devices. subscribe

  • The Globe and Mail Newspaper

    Newspaper delivered to your doorstep. subscribe

  • Globe2Go

    The digital replica of our newspaper. subscribe

  • Globe eBooks

    A collection of articles by the Globe. subscribe

See all Globe Products

Advertise with us

GlobeLink.ca

Your number one partner for reaching Canada's Influential Achievers. learn more

The Globe at your Workplace
Our Company
Customer Service
Globe Recognition
Mobile Apps
NEWS APP
INVESTING APP
Other Sections