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Mainstreet Eq J TSX: MEQ-T

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Mainstreet Equity Corp held Annual Shareholder Meeting on March 12, 2021

CNW Group - Fri Mar 12, 5:14PM CST

Mainstreet Equity Corp held Annual Shareholder Meeting on March 12, 2021

Canada NewsWire

CALGARY, AB , March 12, 2021 /CNW/ - Mainstreet Equity Corp. ("Mainstreet" or the "Corporation") (TSX:MEQ.TO) is pleased to announce the results of the annual meeting of shareholders held on March 12, 2021 (the "Meeting"). The meeting had a very strong shareholder turnout with holders of approximately 87% of the issued and outstanding common shares represented in person or by proxy.

Navjeet (Bob) Dhillon , Joseph Amantea , Richard Grimaldi , Karanveer Dhillon, John Irwin and Ron Anderson were re-elected to the board of directors of the Corporation for the upcoming year as follows:


Outcome of the
Vote

Votes For

%

Withheld

%







Navjeet (Bob) Dhillon

Elected

6,996,225

86.69

1,074,501

13.31

Joseph Amantea

Elected

6,877,670

85.22

1,193,056

14.78

Richard Grimaldi

Elected

7,468,771

92.54

601,955

7.46

Karanveer Dhillon

Elected

7,255,984

89.90

814,742

10.10

John Irwin

Elected

7,847,271

97.23

223,455

2.77

Ron Anderson

Elected

7,848,216

97.24

222,510

2.76

PricewaterhouseCoopers LLP was re-appointed as the Corporation's auditor.  Details in respect of all of the resolutions approved at the annual meeting of shareholders may be found in the management information circular prepared in connection with the meeting dated February 9, 2021 which is available on SEDAR at www.sedar.com .

About Mainstreet

Mainstreet is a Calgary -based, growth-oriented real estate corporation focused on the acquisition, redevelopment, repositioning, and asset and property management of mid-market apartment buildings. The Corporation currently owns and operates residential rental units, including apartments and townhouses, in the B.C. Lower Mainland, Airdrie , Calgary , Edmonton , Lethbridge , Saskatoon , Regina and Winnipeg .

Mainstreet's common shares are listed on the Toronto Stock Exchange under the symbol "MEQ". There are currently 9,345,218 common shares outstanding.

SOURCE Mainstreet Equity Corporation

Cision View original content: http://www.newswire.ca/en/releases/archive/March2021/12/c9011.html

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