UrtheCast Announces Voting Results of 2016 Annual General and Special Meeting

Press Release From: UrtheCast
Posted: Wednesday, May 11, 2016

UrtheCast Corp. (TSX:UR) ("UrtheCast" or the "Company"), in accordance with the requirements of the Toronto Stock Exchange, today announces that the six nominees listed in its management proxy circular dated April 5, 2016, were elected as directors of the Company. The detailed results of the vote held at the Company's Annual General and Special Meeting of Shareholders (the "Meeting") on May 10, 2016 in Vancouver, British Columbia, are set out below.

A total of 39,217,535 common shares were voted in connection with the Meeting, representing approximately 38.10% of the issued and outstanding common shares of the Company. On a vote by ballot, each of the following nominees proposed by management was elected as a director of UrtheCast to hold office until the next annual meeting of shareholders or until their successors are elected or appointed:

Other Matters Voted Upon

The resolution relating to the ratification of UrtheCast's shareholder rights plan was approved. The resolution relating to the ratification of the amended and restated equity incentive plan was approved.


UrtheCast Corp. is a Vancouver-based technology company that serves the rapidly evolving geospatial and geoanalytics markets with a wide range of information-rich products and services. The Company currently operates four Earth Observation sensors in space, including two cameras aboard the International Space Station and two satellites, Deimos-1 and Deimos-2. Imagery and video data captured by these sensors is downlinked to ground stations across the planet and displayed on the UrthePlatform, or distributed directly to partners and customers. UrtheCast is also developing and anticipates launching the world's first fully-integrated constellation of multispectral optical and Synthetic Aperture Radar (SAR) satellites, called OptiSARâ„¢, in addition to its proposed UrtheDailyâ„¢ constellation concept, which the Company believes will together revolutionize monitoring of our planet with high-quality, medium and high-resolution, and high-coverage and high-revisit imagery in all weather conditions, any time of day. Common shares of UrtheCast trade on the Toronto Stock Exchange as ticker 'UR'.

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