TORONTO, May 09, 2019 (GLOBE NEWSWIRE) -- Timbercreek Financial (the "Company") (TSX:TF) announced the voting results for the election of its board of directors, which took place at the Company’s Annual Meeting held on May 7, 2019 in Toronto, Ontario. The nominees listed in the management information circular dated March 22, 2019 were elected as directors of the Company and detailed results of the votes cast by proxy are set out below:
| Name of Nominee | Votes For | % For | Votes Withheld | % Withheld |
| Zelick L. Altman | 20,150,710 | 99.26 | 150,762 | 0.74 |
| Ugo Bizzarri | 20,144,270 | 99.23 | 157,202 | 0.77 |
| Cameron Goodnough | 20,156,773 | 99.29 | 144,699 | 0.71 |
| Steven Scott | 19,879,166 | 97.92 | 422,306 | 2.08 |
| W. Glenn Shyba | 20,067,291 | 98.85 | 234,181 | 1.15 |
| Pamela Spackman | 20,266,570 | 99.83 | 34,902 | 0.17 |
| R. Blair Tamblyn | 19,958,610 | 98.31 | 342,862 | 1.69 |
| Derek J. Watchorn | 20,002,185 | 98.53 | 299,287 | 1.47 |
At the Annual Meeting, KPMG LLP was reappointed as the Company’s auditors to hold office until the next annual meeting of shareholders of the Company and the directors were authorized to fix their remuneration.
About the Company
Timbercreek Financial is a leading non-bank, commercial real estate lender providing shorter-duration, structured financing solutions to commercial real estate investors. Our sophisticated, service-oriented approach allows us to meet the needs of borrowers, including faster execution and more flexible terms that are not typically provided by Canadian financial institutions. By employing thorough underwriting, active management and strong governance, we are able to meet these needs while targeting strong risk-adjusted returns for investors.
CONTACT:
Timbercreek Financial
Cam Goodnough
President & CEO
cgoodnough@timbercreek.com
www.timbercreekfinancial.com