Xtract One Announces Results of Voting at the Annual General Meeting of Shareholders
TORONTO, Nov. 12, 2024 (GLOBE NEWSWIRE) -- (TSX: XTRA)(OTCQX: XTRAF)(FRA: 0PL) (“Xtract One” or the “Company”), a leading technology-driven threat detection and security solution that prioritizes the patron access experience by leveraging AI, today announced the results of voting on all resolutions presented to its annual general meeting of shareholders held on November 12, 2024 (the “Meeting”).
A total of 54,082,464 common shares of the Company (“Common Shares”), or 24.76% of the 218,400,737 issued and outstanding Common Shares as at the record date of the Meeting, were voted at the Meeting by proxy. No Common Shares were voted at the Meeting in person. All nominees of the Company were elected as directors of the Company as follows:
| Nominee | Votes For | % of Votes For | Votes Withheld | % of Votes Withheld |
| Peter van der Gracht | 49,350,241 | 97.298% | 1,370,398 | 2.702% |
| Peter Evans | 50,138,668 | 98.853% | 581,971 | 1.147% |
| John Gillies | 46,491,729 | 91.662% | 4,228,910 | 8.338% |
| Bill Maginas | 48,521,988 | 95.665% | 2,198,651 | 4.335% |
| Lea M. Ray | 48,464,459 | 95.552% | 2,256,180 | 4.448% |
In addition, the following matters were approved by the affirmative vote of the requisite majority of the votes represented at the Meeting:
- setting the number of directors of the Company at five (5) for the ensuing year; and
- the appointment of Davidson & Company LLP as auditors of the Company.
About Xtract One
is a leading technology-driven provider of threat detection and security solutions leveraging AI to deliver seamless and secure experiences. The Company makes unobtrusive weapons and threat detection systems that enable facility operators to prioritize and deliver improved “Walk-right-In” experiences while providing unprecedented safety. Xtract One's innovative portfolio of AI-powered Gateway solutions excels at allowing facilities to discreetly screen and identify weapons and other threats at points of entry and exit without disrupting the flow of traffic. With solutions built to serve the unique market needs for schools, hospitals, arenas, stadiums, manufacturing, distribution, and other customers, Xtract One is recognized as a market leader delivering the highest security in combination with the best individual experience. For more information, visit or connect on , , and .
For further information, please contact:
Xtract One Inquiries: ,
Investor Relations: Chris Witty, Darrow Associates, , 646-438-9385
Media Contact: Kristen Aikey, JMG Public Relations, , 212-206-1645
