MRD Melcor Developments Ltd

Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today announced the results of its annual general meeting (AGM), held today. A total of 26,489,850 shares were voted by proxy, representing 80.68% of the outstanding shares as of the record date. Shareholders approved all items of business before the AGM, including the election of directors as follows:

Nominee	% Votes For	% Votes Withheld
Douglas Goss	95.97	4.03
Andrew Melton	94.97	5.03
Kathleen Melton	94.98	5.02
Timothy Melton	95.99	4.01
Bruce Pennock	96.15	3.85
Janet Riopel	99.91	0.09
Catherine Roozen	95.13	4.87
Ralph Young	95.08	4.92

About Melcor Developments Ltd.

Melcor is a diversified real estate development and asset management company with a rich heritage of innovation in real estate since 1923.

Through integrated operating divisions, Melcor manages the full life cycle of real estate development: acquiring raw land, community planning, construction and development, and managing revenue-producing office, retail and residential assets. Melcor develops and manages mixed-use residential communities, business and industrial parks, office buildings, retail commercial centres and golf courses.

Melcor is committed to building communities that enrich quality of life – communities where people live, work, shop and play.

 

Contact Information:

Nicole Forsythe
Director, Corporate Communications
780-945-4707
ir@melcor.ca