VANCOUVER, Nov. 1, 2016 /CNW/ - Grande West Transportation Group Inc. (TSXV: BUS; OTC PINK: GWTNF) – November 1, 2016: ("Grande West" or the "Company"), a Canadian bus manufacturer of heavy-duty mid-sized transit buses for sale in Canada and the United-States, is pleased to announce that the Annual General and Special Meeting will be held on Thursday, November 17, 2016.
The meeting will take place at the Company's headquarters located at 3168 262nd Street, Aldergrove, British Columbia at 10:00AM PST for the following purposes:
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(a) |
to receive the Report of the Directors; |
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(b) |
to receive the financial statements of the Company for its fiscal year ended August 31, 2015 and the report of the Auditors thereon; |
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(c) |
to appoint Auditors for the ensuing year and to authorize the Directors to fix their remuneration; |
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(d) |
to determine the number of directors and to elect directors; |
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(e) |
to ratify and approve the 10% rolling Stock Option Plan, as more particularly described in the Informational Circular; and |
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(f) |
to transact such other business as may properly come before the Meeting |
AGM and Proxy materials have been mailed to shareholders and can be viewed at www.sedar.com.
Shareholders are invited to attend and discuss the Company's recent developments with management. Refreshments will be served. If unable to attend in person, a conference call is available in North America by dialling 1-800-977-8002, or internationally at 1-404-920-6650 and entering passcode 5727526#.
William Trainer, President and CEO of Grande West commented, "It has been a transformational year for Grande West and we are looking forward to meeting with shareholders to discuss recent events and the Company's continued momentum in the North American market."
About Grande West Transportation Group
Grande West Transportation Group is a Canadian bus manufacturer which designs, engineers and manufactures mid-size buses for transit authorities and commercial enterprises. Grande West's Vicinity bus is available in 30 and 35 foot models designed with affordability, accessibility and global responsibility in mind. It costs significantly less than a regular 40 foot transit bus, burns less fuel and emits less harmful emissions.
The Company has been successful in supplying Canadian municipal transportation agencies and private operators with new buses and is receiving follow-on orders in many Canadian transit agencies. Grande West together with ABG its exclusive US distributor, is actively pursuing opportunities to sell Vicinity into private fleet operations in the US such as airport transport, universities, etc. The Company is also working towards 'Buy America' certification in order to supply US-based federal and state transit authorities.
For further information please contact:
Grande West Transportation
John LaGourgue
Ph: 1-604-607-4000
jlagourgue@grandewest.com
www.grandewest.com
Paradox Public Relations
Karl Mansour
Ph: 1-866-460-0408
karlmansour@paradox-pr.ca
www.paradox-pr.ca
Neither the TSX-V nor its Regulation Service Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements
This press release includes certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding the use of proceeds from the Private Placement, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. Forward-looking statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements.
Important factors that could cause actual results to differ materially from Grande West's expectations include uncertainties relating to the receipt of final approval from the TSX-V; and other risk and uncertainties disclosed in Grande West's reports and documents filed with applicable securities regulatory authorities from time to time. Grande West's forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made. Grande West assumes no obligation to update the forward-looking statements or beliefs, opinions, projections, or other factors, should they change, except as required by law.
SOURCE Grande West Transportation Group Inc.
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