SAN DIEGO, Sept. 30, 2016 /CNW/ -- OneRoof Energy Group, Inc. ("OneRoof Energy" or the "Company") (TSXV: ON) is pleased to announce the results from its annual and special shareholders' meeting (the "Meeting") held on September 29, 2016 in Vancouver, British Columbia.
A total of 103.3 million common shares, representing approximately 88.1% of the Company's shares entitled to be voted at the Meeting, and 88.6% of the shares entitled to be voted towards the resolution with respect to the election of directors, were voted. OneRoof Energy shareholders approved all of the items of business put before the Meeting, including the election of each director nominee as follows:
Michael W. Allman 100%
Nikhil Garg 100%
Dan Phaure 100%
Henry Yun 100%
David Field 99.9%
Timothy Haig 100%
James A. Kelly 100%
OneRoof Energy shareholders voted 100% in favor to appoint BDO USA, LLP as auditors, and 99.8% in favor of reapproving the Company's 2013 stock option plan. The Company's 2013 stock option plan is subject to acceptance by the TSX Venture Exchange.
This press release should be read together with, and is qualified in its entirety by, the more detailed information contained in the Company's information circular prepared in connection with the Meeting, which is available on SEDAR at www.sedar.com.
About OneRoof Energy
OneRoof Energy, Inc., a wholly-owned subsidiary of OneRoof Energy Group, Inc., is a solar services provider dedicated to its "Solar 2.0" approach: an innovative model that enables consumer services companies in various verticals to sell residential solar while confidently relying on their solar partner for implementation. OneRoof uses its proven technology platform, big data and proprietary systems to help its partners reach out to their customers who can benefit from solar while building a channel into the home for 20 years. OneRoof provides its partners with customized, turn-key solutions, offering homeowners a suite of financing options, including traditional loan, lease and PPA financing together with system design, installation management and ongoing system monitoring and maintenance. OneRoof is based in San Diego, California, and serves residential customers in nine states: Arizona, California, Connecticut, Hawaii, Maryland, Massachusetts, New Jersey, New York and Pennsylvania with plans for additional expansion. For more information, visit www.oneroofenergy.com.
Caution Regarding Forward-Looking Information
Certain statements contained in this release, including those that express management's expectations or estimates regarding the Company's future performance, are "forward-looking information" within the meaning of applicable securities laws. Forward-looking information is necessarily based on a certain number of estimates and assumptions, which while considered plausible by the management when they are made, are inherently subject to significant commercial, economic and competitive risks and uncertainties. We advise investors not to rely unduly on forward-looking information. The Company further declines any intention or obligation to publicly update this forward-looking information, whether due to new information, or future or other events, unless required by applicable law.
Neither the TSX Venture Exchange nor its regulation service provider (as these terms are defined in policies of the TSX Venture Exchange) bears responsibility for the adequacy or accuracy of this press release.
Investor Relations Contact:
David Field
President and Chief Executive Officer
OneRoof Energy Group, Inc.
(858) 458-0533
dfield@oneroofenergy.com
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SOURCE OneRoof Energy, Inc.
