Atrium Mortgage Investment Corporation Announces Election of Directors

Rhea-AI Summary

Atrium Mortgage Investment Corporation announces the election of directors at its annual meeting of shareholders.

Positive

• All eight director nominees were elected as directors at the annual meeting of shareholders. The votes for the election of directors were overwhelmingly in favor, with percentages ranging from 97.33% to 99.78%.

Negative

• None.

Toronto, Ontario--(Newsfile Corp. - May 11, 2023) - Atrium Mortgage Investment Corporation (TSX: AI) (TSX: AI.DB.C) (TSX: AI.DB.D) (TSX: AI.DB.E) (TSX: AI.DB.F) (TSX: AI.DB.G) today announced that at its annual meeting of shareholders, held in Toronto earlier today, each of the eight director nominees listed in its management information circular dated March 24, 2023 was elected as a director. Directors have been elected to serve until the close of the next annual meeting of shareholders. The detailed results of the vote for the election of directors of Atrium is set out below:

Nominee	Votes For	% Votes For	Votes Withheld	% Votes Withheld
Peter P. Cohos	9,786,726	99.36%	62,637	0.64%
Robert H. DeGasperis	9,825,588	99.76%	23,775	0.24%
Robert G. Goodall	9,821,788	99.72%	27,575	0.28%
Andrew Grant	9,789,886	99.40%	59,477	0.60%
Maurice (Maish) Kagan	9,809,045	99.59%	40,318	0.41%
Nancy H.O. Lockhart	9,586,640	97.33%	262,723	2.67%
Jennifer Scoffield	9,827,223	99.78%	22,140	0.22%
Mark L. Silver	9,823,647	99.74%	25,716	0.26%

 

About Atrium

Canada's Premier Non-Bank Lender™

Atrium is a non-bank provider of residential and commercial mortgages that lends in major urban centres in Canada where the stability and liquidity of real estate are high. Atrium's objectives are to provide its shareholders with stable and secure dividends and preserve shareholders' equity by lending within conservative risk parameters.

Atrium is a Mortgage Investment Corporation (MIC) as defined in the Income Tax Act (Canada), so is not taxed on income provided that its taxable income is paid to its shareholders in the form of dividends within 90 days after December 31 each year. Such dividends are generally treated by shareholders as interest income, so that each shareholder is in the same position as if the mortgage investments made by the company had been made directly by the shareholder. For further information, please refer to regulatory filings available at www.sedar.com or Atrium's website at www.atriummic.com.

For further information, please contact

Robert G. Goodall
President and Chief Executive Officer 

John Ahmad
Chief Financial Officer

(416) 867-1053
info@atriummic.com
www.atriummic.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/165779

FAQ

Who was elected as directors at the annual meeting of shareholders?

All eight director nominees were elected as directors at the annual meeting of shareholders.

What were the percentages for the election of directors?

The percentages for the election of directors ranged from 97.33% to 99.78%.