Badger Infrastructure Solutions Reports Successful Shareholder Vote
Badger Infrastructure Solutions Reveals Positive Voting Results
CALGARY, Alberta - Badger Infrastructure Solutions Ltd. is excited to announce a successful outcome from its recent annual meeting of shareholders. At this pivotal gathering, shareholders approved all proposed motions, showcasing their strong support for the company’s ongoing initiatives. With an impressive 27,981,553 common shares represented, translating to about 82.36% of all issued and outstanding shares, the meeting was a significant demonstration of shareholder engagement.
Director Elections Reflect Shareholder Confidence
All ten nominees for the board of directors, put forth by the management team, received overwhelming support and were elected. The voting results demonstrate the confidence shareholders have in the current leadership and strategy of Badger Infrastructure Solutions. The passing votes for each nominee were as follows:
Highlights From the Board Election
1. Robert (Rob) Blackadar - 27,457,478 votes in favor (98.47%)
2. David Bronicheski - 27,097,433 votes in favor (97.18%)
3. Stephanie Cuskley - 27,396,600 votes in favor (98.25%)
4. William (Bill) Derwin - 27,448,503 votes in favor (98.44%)
5. G. Keith Graham - 27,429,198 votes in favor (98.37%)
6. Stephen (Steve) Jones - 27,282,138 votes in favor (97.84%)
7. Mary Jordan - 27,426,195 votes in favor (98.36%)
8. William (Bill) Lingard - 26,804,731 votes in favor (96.13%)
9. Patricia (Tribby) Warfield - 27,448,658 votes in favor (98.44%)
10. George A. Williams - 27,497,014 votes in favor (98.61%)
Appointment of Auditor and Executive Compensation
In addition to the director elections, the shareholders also voted on key company matters. A striking 99.94% of votes were cast in favor of appointing Deloitte LLP as the company’s auditor. Furthermore, 97.42% of shareholders supported the management’s approach to executive compensation, as previously disclosed in the Management Information Circular.
Understanding Badger Infrastructure Solutions Ltd.
Badger Infrastructure Solutions Ltd. (TSX: BDGI) proudly holds the title of North America’s leading non-destructive excavation provider. The company is renowned for its extensive range of services tailored for contractors and facility owners across various infrastructure sectors. With operations frequently taking place near vital underground utilities, including power, communication, water, gas, and sewer lines, Badger’s non-destructive excavation techniques are essential for enhancing safety and mitigating risks.
Innovative Technology in Excavation
One of Badger’s standout offerings is the Badger Hydrovac™, specifically designed for safe excavation in congested areas and around critical infrastructure. This patented technology utilizes a high-pressure water stream to liquefy the soil, with a powerful vacuum system then removing the material into a storage tank. Uniquely, Badger designs and manufactures its hydrovac units at a dedicated facility in Red Deer, Alberta, boasting an annual capacity of over 350 units. Badger has recently initiated a refurbishment program to extend the lifespan of older units, ensuring efficiency and cost-effectiveness.
For More Information
For any inquiries or further details regarding Badger Infrastructure Solutions Ltd., interested parties can reach out to their leadership team directly:
Robert Blackadar, President & Chief Executive Officer
Robert Dawson, Chief Financial Officer
Company Address:
Badger Infrastructure Solutions Ltd.
#3100, 525 – 8th Avenue SW
Calgary, AB T2P 1G1
Telephone: (403) 264-8500
Fax: (403) 228-9773
Website: www.badgerinc.com
Frequently Asked Questions
What was the outcome of the recent shareholder meeting?
The meeting resulted in all proposed motions being approved by the shareholders, demonstrating strong support for the company.
Which directors were elected during the meeting?
All ten proposed director nominees were elected with significant votes in favor.
Who was appointed as the company’s auditor?
Deloitte LLP was appointed as the company’s auditor, receiving 99.94% of favorable votes.
What services does Badger Infrastructure Solutions provide?
The company specializes in non-destructive excavation services, primarily for infrastructure sectors.
How can I contact Badger Infrastructure Solutions?
Contact details for the company, including phone and website, can be found in their official communication.
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