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    CRP   CA1567701091

CERES GLOBAL AG CORP.

(CRP)
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Ceres Global : Announces Voting Results from 2019 Annual and Special Meeting of Shareholders

11/21/2019 | 04:31pm EDT

TORONTO, Nov. 21, 2019 /CNW/ - Ceres Global Ag Corp. (TSX: CRP) ("Ceres" or the "Corporation") announced today the results of its annual and special meeting of shareholders held on November 20, 2019.

The nominees listed in the Management Information Circular ("the Circular") dated October 25, 2019 were elected as directors of the Corporation.  The results of the vote are as follows:

DIRECTOR

VOTES FOR

%

VOTES
W
ITHHELD

%

Robert Day

7,867,164

92.39%

648,191

7.61%

Harvey T. Joel

8,489,170

99.69%

26,185

0.31%

Gary W. Mize

8,502,860

99.85%

12,495

0.15%

Douglas E. Speers

8,489,320

99.69%

26,035

0.31%

James T. Vanasek

8,498,860

99.81%

16,495

0.19%

 

In addition, at the annual and special meeting of shareholders, the shareholders of the Corporation:

  1. Appointed Baker Tilly WM LLP as the auditors of the Corporation for the ensuing year and authorized the directors of the Corporation to fix the remuneration of the auditors. 
  2. Passed an amendment to the Corporation's Amended and Restated Stock Option Plan.

The detailed voting results for the annual and special meeting of shareholders will be available on www.sedar.com.

About Ceres Global Ag Corp. (ceresglobalagcorp.com)

Through its network of commodity logistics centers and team of industry experts, Ceres merchandizes high-quality North American agricultural commodities and value-added products and provides reliable supply chain logistics services to agricultural, energy and industrial customers worldwide. 

Ceres is headquartered in Minneapolis, Minnesota and together with its affiliated companies, operates 13 locations across Saskatchewan, Manitoba, Ontario, and Minnesota. These facilities have an aggregate grain and oilseed storage capacity of approximately 30.8 million bushels.

Ceres has a 50% interest in Savage Riverport, LLC, a joint venture with Consolidated Grain and Barge Co., a 50% in Gateway Energy Terminal, an unincorporated joint venture with Steel Reef Infrastructure Corp., a 25% interest in Stewart Southern Railway Inc., a short-line railway located in southeast Saskatchewan with a range of 130 kilometers, and a 17% interest in Canterra Seed Holdings Ltd, a Canada-based seed development company.

For more information, please visit www.ceresglobalagcorp.com

SOURCE Ceres Global Ag Corp.

© Canada Newswire, source Canada Newswire English

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Financials (USD)
Sales 2020 582 M - -
Net income 2020 4,34 M - -
Net Debt 2020 63,0 M - -
P/E ratio 2020 20,4x
Yield 2020 -
Capitalization 123 M 124 M -
EV / Sales 2019 0,31x
EV / Sales 2020 0,22x
Nbr of Employees 192
Free-Float 99,2%
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Managers and Directors
NameTitle
Robert Day President, Chief Executive Officer & Director
Jacob Bierley Chief Financial Officer & Vice President
Douglas E. Speers Chairman
Sarah Peterson Blomquist VP-Human Resources & Corporate Administration
Harvey T. Joel Independent Director
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