TORONTO, ONTARIO--(Marketwired - May 31, 2013) - Bellair Ventures Inc. (TSX VENTURE:BVI) operating as SustainCo (the "Corporation") is pleased to announce the results of the annual and special meeting of shareholders of the Corporation held yesterday, May 30 in Toronto, Ontario, at which 84.1% of the issued and outstanding shares were represented at the meeting. The Corporation hereby advises of the following voting results obtained at the meeting:
- Shareholders approved the resolution fixing the number of directors at five.
- Shareholders approved the election of the following individuals, being nominees proposed by the management of the Corporation, as directors of the Corporation for the ensuing year: Emlyn J. David, Michael Galloro, Daniel R. Hay, Rajiv Rai, and Edward J. Winter.
- Shareholders approved the re-appointment of MSCM LLP as auditors of the Corporation for the ensuing year.
- Shareholders approved a resolution ratifying the Corporation's stock option plan.
- Shareholders approved the change of name of the Corporation to SustainCo Inc., pending TSX Venture Exchange ("TSX-V") approval.
About SustainCo
SustainCo, the operating brand of Bellair, a publicly traded company (TSX VENTURE:BVI), is a leading provider of sustainable infrastructure solutions and services. SustainCo solutions and services offer long-term customer value and environmental sustainability through a broad offering including alternative energy solutions, energy efficiency, innovative facility technology solutions, and facility maintenance services to customers in the multi-residential and ICI "industrial commercial and institutional" sectors across Canada. SustainCo focuses on both new build and retrofit markets.
Certain statements in this press release are forward-looking statements. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable by the Corporation at the time of preparation, may prove to be incorrect. Forward-looking statements, specifically those concerning future performance and other statements that are not historical fact, are subject to certain risks and uncertainties, and actual results may differ materially from the Corporation's plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by the Corporation with the TSX-V and securities regulators. The Corporation does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Trading in the securities of the Corporation should be considered highly speculative.
All forward-looking information contained in this news release is expressly qualified in its entirety by this cautionary statement.
Neither the TSX-V, nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
Contact Information:
Emlyn David
President, Chief Executive Officer, Secretary and Chairman
(416) 840-5003