TORONTO, ONTARIO--(Marketwired - July 17, 2013) - EFT Canada Inc. ("EFT Canada" or the "Company") (TSX VENTURE:EFT), hereby announces that the following were the outcomes of the votes held at EFT Canada's most recent shareholder meeting on Monday, July 15, 2013.
A total of 7,143,341 shares were represented at the meeting, being 52.24% of the Company's issued and outstanding common shares. Shareholders voted in favour of all matters brought before the meeting, including the appointment of auditors for the ensuing year and the election of management's nominees as directors.
Director Voting
Detailed results of the vote for the election of directors are provided below:
| Director Nominee | # Of Votes For |
% Of Votes For |
# Of Votes Withheld |
% Of Votes Withheld |
||||
| Brian Courtney | 1,030,328 | 23.50% | 3,354,028 | 76.50% | ||||
| John Cerenzia | 1,098,679 | 25.06% | 3,285,677 | 74.94% | ||||
| Jonathan Pasternak | 4,146,124 | 94.57% | 238,232 | 5.43% | ||||
| Randy Waxman | 4,146,124 | 94.57% | 238,232 | 5.43% | ||||
| Ray Martins | 2,066,679 | 47.14% | 2,317,677 | 52.86% |
EFT CANADA INC.
EFT Canada, founded in 2003, is a financial processing company that offers a complete solution to the collection and payment processing needs of small and medium sized business merchants, banks, credit unions, and other financial firms in Canada and the United States. The Company develops, maintains and delivers innovative electronic transaction processing technologies, such as customized electronic payment and collection processing solutions and gift and loyalty card services, by drawing on its operational and applications expertise. For more information, please visit www.eftcanada.com.
This press release contains forward-looking statements which reflect the Company's current expectations regarding future events. The forward-looking statements involve risks and uncertainties. Actual results could differ significantly from those projected herein. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.