ELEMENT LIFESTYLE RETIREMENT INC. REPORTS EGM RESULTS”
ELEMENT LIFESTYLE RETIREMENT INC. REPORTS EGM RESULTS
VANCOUVER, B.C. April 5, 2016: Element Lifestyle Retirement Inc. (TSX-Venture: ELM) is pleased to announce the results of its Extraordinary General Meeting held on Thursday, March 31, 2016. The Company received unanimous shareholder approval to increase the number of directors from five to seven members. Mr. Don Ho, the current President and Ms. Candy Ho, the current Vice-President of Marketing and Corporate Relations are pleased to join existing directors, Mr. Stanley Kwok, Mr. John Gilbert, Mr. Michael Diao, Mr. Adrian Chan and Mr. Douglas Howard.
Of the 53,102,189 issued and outstanding shares, 22,250,000 shares were voted representing 41.9%, all in favour of the nominated directors.
CEO Michael Diao commented “We are pleased to welcome both Don and Candy to our board. They will both be integral in the future growth of our Company.”
About Element Lifestyle Retirement
Element was established in June 2013 in Vancouver, British Columbia. It is in the business of providing specialized development expertise and flexible, innovative management services for senior retirement communities. The core business of Element is the development and management of third party assets in
the “senior retirement community” space. Element aspires to be one of the most respected senior living specialists in North America, emphasizing the “Continuum-of-Lifestyles” model, which encompasses a smooth, seamless transition for seniors from independence to assisted living to complex care. The management team of Element has over 20 years of experience developing and operating retirement communities.
ON BEHALF OF THE BOARD
ELEMENT LIFESTYLE RETIREMENT INC.
Chief Executive Officer and Director
Telephone: (604) 676-1418
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