OAK BROOK, IL, June 15, 2012 /PRNewswire/ - Primary Energy Recycling Corporation (TSX: PRI), a clean energy company that generates revenue from capturing and recycling recoverable heat and byproduct fuels from industrial processes, today announced that shareholders have approved all resolutions put forth at the Annual and Special Meeting of Shareholders held in Toronto, Ontario on Thursday, June 14, 2012.
Shareholders elected the Company's nominees for director: Rodney Boulanger, Douglas V. Graham, A. Michel Lavigne, Donald A. Pether, Christopher H. Pickwoad, John D. Prunkl and Lorie Waisberg.
Shareholders voted to re-appoint PricewaterhouseCoopers LLP as the Company's auditor, and authorized the directors to fix the remuneration of the auditor.
Shareholders also voted in favour of the ordinary resolution approving an increase in the Common Shares reserved for issuance under Primary Energy Recycling's stock option plan by 1,000,000 Common Shares (for a total of 2,833,332 Common Shares reserved for issuance), and the grant of certain options as described in the management information circular.Complete voting results can be found on www.sedar.com About Primary Energy Rec ycling Corporation Primary Energy Recycling Corporation owns a majority interest in Primary Energy Recycling Holdings LLC ("PERH"). PERH, headquartered in Oak Brook, Illinois, indirectly owns and operates four recycled energy projects and a 50 per cent interest in a pulverized coal facility (collectively, the "Projects"). The Projects have a combined electrical generating capacity of 283 megawatts and a combined steam generating capacity of 1.8M lbs/hour. PERH creates value for its customers by recycling recoverable heat and byproduct fuels from industrial and electric generation processes and converting it into reliable and economical electricity and thermal energy for resale back to its customers. For more information, please go to www.primaryenergy.com. SOURCE Primary Energy Recycling Corporation
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV