MarketWatch:
Franchise Services Of North America Inc. held its annual and special meeting of shareholders (the “Meeting”) earlier today.
At the Meeting, management’s nominees, being Mr. Sandy Miller, Mr. Tom McDonnell, Mr. David Forseth, Mr. Tom McNeely, and Mr. Michael Linn, were re-elected to the Company’s Board of Directors for the ensuing year. Also at the meeting, RSM Richter LLP was appointed as the Company’s auditors. In addition, a restatement of promissory notes owing by certain officers of the corporation was approved by the Shareholders of a “majority of the minority” in accordance with multilateral instrument 61-101.
The Company is also pleased to announce the completion of sale of the Calgary and Edmonton, Alberta airport franchises under the U-Save brand.