VANCOUVER, British Columbia, May 03, 2019 (GLOBE NEWSWIRE) -- Tree Island Steel Ltd. (“Tree Island” or the “Company”) (TSX:TSL) announced that all matters put forward for consideration at its 2019 Annual General Meeting of Shareholders (the “Meeting”) received requisite shareholder approval. Results of the voting for the director elections at the Meeting are described below, and additional information regarding the full results of all matters voted on at the Meeting may be found in the Company’s filing on SEDAR.
Board of Directors
All nominees listed in the management proxy circular for the Meeting were elected as directors of Tree Island. The eight director nominees proposed by management were elected by a show of hands. In total 19,038,005 shares were represented in person or by proxy at the meeting, representing approximately 65.29% of the outstanding shares as of the record date of March 20, 2019. Detailed results of the votes received by proxy for the election of directors held at the Meeting are set out below:
| Nominee | Votes For | % For | Votes Withheld | % Withheld |
| Amar Doman | 17,919,371 | 99.65% | 62,377 | 0.35% |
| Sam Fleiser | 17,956,205 | 99.86% | 25,543 | 0.14% |
| Michael Fitch | 17,956,705 | 99.86% | 25,043 | 0.14% |
| Peter Bull | 17,957,205 | 99.86% | 24,543 | 0.14% |
| Harry Rosenfeld | 17,922,071 | 99.67% | 59,677 | 0.33% |
| Ted Leja | 17,920,371 | 99.66% | 61,377 | 0.34% |
| Joes Downes | 17,956,705 | 99.86% | 25,043 | 0.14% |
| Dale MacLean | 17,959,405 | 99.88% | 22,343 | 0.12% |
The sum of individual percentages may not equal 100% due to rounding.
About Tree Island Steel
Tree Island Steel, headquartered in Richmond, British Columbia, since 1964, through its four operating facilities in Canada and the United States, produces wire products for a diverse range of industrial, residential construction, commercial construction and agricultural applications. Its products include galvanized wire, bright wire; a broad array of fasteners, including packaged, collated and bulk nails; stucco reinforcing products; concrete reinforcing mesh; fencing and other fabricated wire products. The Company markets these products under the Tree Island®, Halsteel®, K-Lath®, TI Wire® and Tough Strand® brand names.
For more information, please contact:
Ali Mahdavi, Investor Relations
Tree Island Steel
(416) 962-3300
e-mail: amahdavi@treeisland.com
Website: www.treeisland.com