MONTREAL, (QC), July 16, 2019 – Xebec Adsorption Inc. (TSXV: XBC) (OTC: XEBEF) (“Xebec”), a global provider of renewable gas solutions announces the results of its Annual General Meeting held on June 13, 2019 in Montreal, Quebec, Canada.
Election of Directors
All of the nominees listed in the Corporation’s Management Information Circular dated May 3, 2019 were re-elected by a majority of the votes cast by shareholders present or represented by proxy. Director biographies are available in the Board of Directors’ section of the Corporation’s website.
Dr. Prabhu Rao
Joseph H. Petrowski
Stock Option Plan
An increase in the pool of stock options of the Corporation was also approved, from 8,500,873 to 11,505,347, representing 20% of the 57,526,733 issued and outstanding common shares of the Corporation as of April 26, 2019.
Appointment of Auditors
In addition, Raymond Chabot Grant Thornton LLP, Chartered Professional Accountants, were re-appointed as auditors for the Corporation.
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Xebec Adsorption Inc.
Xebec Adsorption Inc
Xebec Adsorption Inc. is a global provider of gas generation, purification and filtration solutions for the industrial, energy and renewables marketplace. Its customers range from small to multi-national corporations and governments looking to reduce their carbon footprints. Headquartered in Montreal (QC), Xebec designs, engineers and manufactures innovative and transformative products, and has more than 1,500 customers worldwide. With two manufacturing facilities in Montreal and Shanghai, as well as a sales and distribution network in North America, Europe, and Asia, Xebec trades on the TSX Venture Exchange under the symbol XBC. For additional information on the company, its products and services, visit Xebec at xebecinc.com.
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