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Callidus Announces Election of Directors

TORONTO, July 13, 2018 /CNW/ - Callidus Capital Corporation (TSX: CBL) ("Callidus" or the "Company") today announced that all of the nominee directors listed in the Company's management information circular dated June 7, 2018, were elected as directors of the Company. The vote was conducted at the Company's annual general meeting of shareholders held on July 13, 2018. The results of the vote are set out below:

Nominee

Votes For

Votes
Withheld

Percentage of
Votes
For

Percentage of
Votes
Withheld


Newton Glassman

40,311,877

71,889

99.82%

0.18%


Jim Riley

40,314,877

68,889

99.83%

0.17%


Tibor Donath

40,293,013

90,753

99.78%

0.22%


David Sutin

40,292,042

91,724

99.77%

0.23%


Bradley W. Ashley

40,292,913

90,853

99.78%

0.22%

 

About Callidus Capital Corporation

Established in 2003, Callidus Capital Corporation is a Canadian company that specializes in innovative and creative financing solutions for companies that are unable to obtain adequate financing from conventional lending institutions. Unlike conventional lending institutions who demand a long list of covenants and make credit decisions based on cash flow and projections, Callidus credit facilities have few, if any, covenants and are based on the value of the borrower's assets, its enterprise value and borrowing needs. Further information is available on our website, www.calliduscapital.ca

SOURCE Callidus Capital Corporation

For further information: Investor Relations | (416) 945-3240 | investor@calliduscapital.ca

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