Algoma announces precautionary AGM
(Posted on 09/04/20)
Algoma Central Corporation, a leading supplier of marine transportation services, has announced that the 2020 Annual General Meeting of Shareholders to take place on Wednesday 6 May, 2020 at the hour of 11:30 a.m. (EDT) will now be held at the Offices of Algoma Central Corporation at 63 Church Street, St. Catharines, ON L2R 3C4 and will be available via live webinar.
The company is closely monitoring the COVID-19 (coronavirus) pandemic and are sensitive to the public health and travel concerns shareholders may have as well as the directives from Canadian public health officials on physical distancing. In response to these directives and in efforts to protect the safety of shareholders, a live webinar of the Meeting will be available at the link noted below. The webinar platform will not support the casting of votes and so this year, more than ever, we encourage you to vote on the matters prior to the Meeting by proxy and to attend and participate at the Meeting via webinar. Shareholders will be able to ask questions of management through the webinar at the conclusion of the Meeting as usual.
Given the need for risk management in respect of the COVID-19 virus, anyone attending the Meeting will be asked a series of questions prior to being admitted to the Meeting. In order to ensure the health and safety of all attendees, the Company, as host of the Meeting, will reserve the right to restrict access to the Meeting depending on the responses to the questions posed.
The live webinar of the meeting will be available through Algoma’s website at www.algonet.com. Voting results for each of the resolutions to be considered by shareholders will be announced after the Meeting and reported on SEDAR.
The Canadian Securities Administrators recently announced relief in order to allow public companies to change the date, time or location of annual general meetings should the spread of the current COVID-19 pandemic make it impossible or inadvisable to hold them as previously scheduled. Pursuant to this relief, the Company may notify shareholders of such changes without sending or filing additional proxy materials. To the extent that the Company determines it necessary to further change the location or format of the Meeting in order to hold a virtual only meeting the Company will inform shareholders of such a determination by way of a news release.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200408005149/en/
Latest News
London P&I Club warns industry over incorrect FIBC loading
(Posted on 04/08/25)The London P&I Club has renewed calls on ship owners, operators and charterers to address potential... Read more
Columbia Group calls for overhaul of maritime training
(Posted on 04/08/25)Columbia Group is calling for urgent reforms in maritime education to address a growing shortage of... Read more
MIS launches as new global media platform
(Posted on 30/07/25)Maritime Information Services (MIS) has officially launched as a global media platform delivering daily... Read more
Russian and Ukrainian seafarers continue struggle with psychiatric fallout of war
(Posted on 30/07/25)Russian and Ukrainian seafarers continue to experience significant psychological strain following the... Read more
Noatum expands global footprint with inauguration of Shanghai office
(Posted on 30/07/25)Noatum Maritime, part of AD Ports Group’s Maritime & Shipping Cluster, announced the official... Read more
Smart Ship Hub emission reporting first through Asiatic Lloyd partnership
(Posted on 21/07/25)Leading vessel optimisation platform Smart Ship Hub has announced its partnership with AL Group &ndash... Read more
KR Representative LEE Jungkun Elected Chair of IACS Safety Panel
(Posted on 21/07/25)KR (Korean Register) has announced that LEE Jungkun, General Manager of KR’s Convention &... Read more
INTERCARGO-member fleets outperform on safety and compliance
(Posted on 17/07/25)Dry bulk carriers entered with the International Association of Dry Cargo Shipowners (INTERCARGO) continue... Read more
NEMO strengthens global role with official status from IMO and IAEA
(Posted on 15/07/25)The Nuclear Energy Maritime Organization (NEMO) is proud to announce that it has officially been granted... Read more
Industry statement on recent Red Sea attacks on shipping
(Posted on 09/07/25)ICS, BIMCO, European Shipowners | ECSA, INTERCARGO and INTERTANKO have released a joint industry statement... Read more
