VICTORIA, British Columbia -- (Business Wire)
Carmanah Technologies Corporation (TSX: CMH) (âCarmanahâ or the âCompanyâ)
today announced that at its annual general meeting held on April 30,
2013, the five directors nominated by management were elected and each
of Messrs. Cruickshank and Nocente received more âwithheldâ votes than
votes âfor.â Pursuant to Carmanahâs majority voting policy, following
the meeting, each of Messrs. Cruickshank and Nocente have offered to
resign from the Board of Directors. During a period of up to 90 days
from the date of the annual general meeting, the Board of Directors will
consider each such resignation and announce its decision in accordance
with the process stipulated in the majority voting policy.
Detailed voting results for the election of directors at the meeting are
as follows:
| Nominee |
Â
|
Â
| Votes For |
Â
|
Â
| % For |
Â
|
Â
| Votes Withheld |
Â
|
Â
| % Withheld |
|
Robert Cruickshank
|
Â
|
Â
|
5,197,263
|
Â
|
Â
|
27.32%
|
Â
|
Â
|
13,824,820
|
Â
|
Â
|
72.68%
|
|
Bruce Cousins
|
Â
|
Â
|
18,815,416
|
Â
|
Â
|
98.91%
|
Â
|
Â
|
206,667
|
Â
|
Â
|
1.09%
|
|
Bob Wiens
|
Â
|
Â
|
18,757,021
|
Â
|
Â
|
98.61%
|
Â
|
Â
|
265,062
|
Â
|
Â
|
1.39%
|
|
Peter Berrang
|
Â
|
Â
|
17,449,123
|
Â
|
Â
|
91.73%
|
Â
|
Â
|
1,572,960
|
Â
|
Â
|
8.27%
|
|
Daniel Nocente
|
Â
|
Â
|
7,634,134
|
Â
|
Â
|
40.13%
|
Â
|
Â
|
11,387,949
|
Â
|
Â
|
59.87%
|
|
Â
|
Â
| |
Â
|
Â
| |
Â
|
Â
| |
Â
|
Â
| |
About Carmanah Technologies Corporation
As one of the most trusted names in solar technology, Carmanah has
earned a reputation for delivering strong and effective products for
transportation applications worldwide. Industry proven to perform
reliably in some of the world's harshest environments, Carmanah solar
LED lights and solar power systems provide a durable, dependable and
cost effective energy alternative. Carmanah is a publicly traded
company, with common shares listed on the Toronto Stock Exchange under
the symbol "CMHâ. For more information, visit carmanah.com.
For further information:
This news release contains âforward-looking statementsâ or
âforward-looking informationâ within the meaning of applicable
securities laws (collectively, âforward-looking statementsâ).
Forward-looking statements in this news release include statements about
the resignations of Messrs. Cruickshank and Nocente from the Board of
Directors of the Company, the decision of the Board of Directors
regarding the resignations of Messrs. Cruickshank and Nocente, and the
delivery of strong and effective products for transportation
applications worldwide, and the performance of such products.
With respect to the forward-looking statements contained in this news
release, Carmanah has made numerous assumptions, including assumptions
regarding Carmanahâs ability to continue delivery of its products.While
Carmanah considers these assumptions to be reasonable, these assumptions
are inherently subject to significant business, economic, competitive,
market and social uncertainties and contingencies. Additionally, there
are known and unknown risk factors which could cause Carmanahâs actual
results, performance or achievements to be materially different from any
future results, performance or achievements expressed or implied by the
forward-looking statements contained herein. Known risk factors include,
among others: the Board of Directors of the Company may or may not
accept the resignations of Messrs. Cruickshank and Nocente from the
Board of Directors; Carmanahâs ability to continue delivery of its
products, and the standard of quality of such products, may be
negatively affected by numerous risk factors and uncertainties, as
disclosed in Carmanahâs most recently filed Annual Information Form,
Annual MD&A, and other continuous disclosure filings which are available
on SEDAR at www.sedar.com.
Carmanah disclaims any obligation to revise or update any such
forward-looking statements or to publicly announce the result of any
revisions to any of the forward-looking statements contained herein to
reflect future results, events or developments, except as required by
law.

Contacts:
Carmanah Technologies Corporation
Investors:
Roland
Sartorius (CFO), 1-877-722-8877
Investor Relations
investors@carmanah.com
or
Media:
Natasha
Bartlett, +1-250-412-8315
Public Relations
nbartlett@carmanah.com
Source: Carmanah Technologies Corporation
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