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Stuart Olson Reports on Voting Results of the 2017 Annual General Meeting of Shareholders

May 23, 2017

CALGARY, May 23, 2017 /CNW/ - Stuart Olson Inc. (TSX: SOX, SOX.DB.A) ("Stuart Olson" or the "Company") held its annual shareholders meeting on May 23, 2017 in Calgary, Alberta.  A total of 13,957,408 shares, representing 51.64% of shares outstanding were represented in person or by proxy.

Below are the results of the matters that were voted on by shareholders:

1.    Election of Directors

Stuart Olson's eight director nominees were elected:

Nominee

Votes For (percent)

Votes Withheld (percent)

Richard T. Ballantyne

98.96%

1.04%

Albrecht W.A. Bellstedt

80.80%

19.20%

Rod W. Graham

98.48%

1.52%

Wendy L. Hanrahan

80.60%

19.40%

David J. LeMay

98.88%

1.12%

Ian M. Reid

98.36%

1.64%

Carmen R. Loberg

98.81%

1.19%

Chad Danard

98.87%

1.13%

 

2.    Appointment of Auditors

The re-appointment of Deloitte & Touche LLP as auditors was approved.

Votes For (percent)

Votes Withheld (percent)

98.55%

1.45%

 

About Stuart Olson Inc.

Stuart Olson Inc. provides general contracting and electrical building systems contracting in the public and private construction markets as well as electrical, mechanical and specialty trades, such as insulation, cladding and asbestos abatement, in the industrial construction and services market. The Company operates office locations throughout Western Canada, Ontario and the Territories. Stuart Olson's common shares and convertible debentures are listed on the Toronto Stock Exchange under the symbols "SOX" and "SOX.DB.A", respectively. www.stuartolson.com

SOURCE Stuart Olson Inc.

Daryl Sands, Executive Vice President and Chief Financial Officer, Stuart Olson Inc., (403) 685-7777, Email: inquiries@stuartolson.com