• Shareholders Voted in Favor of All Proposals by a Substantial Majority


LOS ANGELES, CALIFORNIA, December 14, 2018 - Omni-Lite Industries Canada, Inc. (the "Company" or "Omni-Lite") is pleased to announce the voting results from its Annual and Special Meeting of Shareholders held December 12, 2018 in Calgary, AB. Based on the approximately 3.7 million common shares voted in connection with the meeting, shareholders voted in favor of all items of business, including the election director nominees, by a substantial majority as follows:

  • Nominated Charles Samkoff (99.8%); Roger Dent (99.9%); Patrick Hutchins (99.8%) and David Robbins (99.9%)

  • Appointment of MNP LLP as auditors (99.9%)

  • Re-affirmation of the Company's 10% rolling stock option plan (99.8%)

  • Approval of Continuance of Ontario Business Corporation Act (99.8%)

  • Approval of Amendment of the Corporation’s Articles (99.8%)

Omni-Lite Industries Canada, Inc. is an innovative company that develops and manufactures mission critical, precision components utilized by Fortune 100 companies including Boeing, Airbus, Bombardier, Embraer, Alcoa, Ford, Borg Warner, Chrysler, John Deere, the U.S. Military and Nike.

For further information, please contact:

Mr. David Robbins, CEO
Tel. No. (562) 404-8510 or (800) 577-6664

Reader Advisory

Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. In particular, forward-looking information in this press release includes, but is not limited to the expected future performance of the Company. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forwardlooking information. Forward-looking information is based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forwardlooking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: general economic conditions in Canada, the United States and globally; industry conditions, governmental regulation, including environmental regulation; unanticipated operating events or performance; failure to obtain industry partner and other third party consents and approvals, if and when required; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; stock market volatility; competition for, among other things, capital, skilled personnel and supplies; changes in tax laws; and the other risk factors disclosed under our profile on SEDAR at Readers are cautioned that this list of risk factors should not be construed as exhaustive.

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