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EDMUDSTON, New Brunswick, May 10, 2024 (GLOBE NEWSWIRE) — Acadian Timber Corp. has announced… (TSX:ADN) (the “Company”) announces the election of the nominees listed in the managing proxy circular for its 2024 Annual Meeting of Shareholders as directors of the Company. Below are the detailed results of the voting to elect members of the Board of Directors at the virtual annual meeting of shareholders on May 9, 2024.
| candidate | votes for | %l | Votes have been blocked | % held |
| Malcolm Cockwell | 11,032,025 | 98.31% | 189,351 | 1.69% |
| Heather Fitzpatrick | 11,196,321 | 99.78% | 25,055 | 0.22% |
| Karen Oldfield | 11,120,322 | 99.10% | 101,054 | 0.90% |
| Erica Riley | 11,207,844 | 99.88% | 13,532 | 0.12% |
| Bruce Robertson | 11,192,097 | 99.74% | 29,279 | 0.26% |
| Adam Shebarski | 11,205,944 | 99.86% | 15,432 | 0.14% |
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About Acadian Timber
Acadian Wood Company (“Acadian”) is one of the largest owners of forest land in eastern Canada and the northeastern United States with approximately 2.4 million acres of land under management. Acadian owns and manages approximately 777,000 acres of freehold forestland in New Brunswick, approximately 300,000 acres of freehold forestland in Maine, and provides timber services related to approximately 1.3 million acres of Crown-licensed forestland in New Brunswick. Acadian's products include softwood and hardwood lumber, wood pulp, and biomass by-products, which are sold to approximately 90 regional customers. Acadian is also developing carbon credits to sell on voluntary carbon credit markets.
Acadian's business strategy is to maximize cash flows from its existing forest assets through sustainable forest management and other land use activities while growing its business through acquiring assets and effectively managing these assets to drive improved performance.
Acadian shares are listed on the Toronto Stock Exchange under the symbol ADN.
For more information please visit our website at www.acadiantimber.com Or call:
Susan Wood
Chief Financial Officer
Phone: 506-737-2345
e-mail: ir@acadiantimber.com
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