EDMONTON, Alberta, June 25, 2024 (GLOBE NEWSWIRE) -- Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, announced the results of its annual general meeting (AGM), held today. A total of 24,498,823 shares were voted in person or by proxy, representing 80.23% 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 For | Votes Withheld | % Votes Withheld |
| Douglas Goss | 23,421,560 | 96.00% | 974,980 | 4.00% |
| Andrew Melton | 23,050,408 | 94.48% | 1,346,132 | 5.52% |
| Kathleen Melton | 23,412,750 | 95.97% | 983,790 | 4.03% |
| Timothy Melton | 23,420,760 | 96.00% | 975,780 | 4.00% |
| Bruce Pennock | 23,422,360 | 96.01% | 974,180 | 3.99% |
| Janet Riopel | 23,420,850 | 96.00% | 975,690 | 4.00% |
| Catherine Roozen | 23,298,950 | 95.50% | 1,097,590 | 4.50% |
| Ralph Young | 23,426,144 | 96.02% | 970,396 | 3.98% |
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: Contact Information: Investor Relations 780-945-4795 ir@melcor.ca
