iFabric Corp. (TSX:IFA) (“iFabric”) is pleased to announce that at its annual meeting of shareholders, held in Markham on March 28, 2018, shareholders voted in favour of all resolutions brought before the meeting.  A detailed description of all resolutions that were voted on can be reviewed in iFabric's information circular which was filed on www.sedar.com on March 2, 2018. All of the director nominees listed in the information circular were re-elected as directors of iFabric.  The detailed results of the vote are set out below:
Nominee Votes For % Votes For Votes Withheld % Votes Withheld
Hylton Karon 18,937,010 99.80% 38,800 0.20%
Hilton Price 18,937,010 99.80% 38,800 0.20%
Mark Greenspan 18,968,810 99.96%   7,000 0.04%
Jeff Coyne 18,975,810 100.00% 0 0.00%
Mark Cochran 18,975,810 100.00% 0 0.00%
Giancarlo Beevis 18,930,010 99.76% 45,800 0.24%
         

In addition, at the meeting, iFarbic shareholders approved resolutions to fix the number of directors at six and in respect of the appointment of BDO Canada LLP, Chartered Professional Accountants as the auditor of iFabric for the ensuing year.

About iFabric Corp. Headquartered in Markham, Ontario, iFabric Corp www.ifabriccorp.com currently has 26.2 million shares issued and outstanding. Through its wholly-owned subsidiaries, Intelligent Fabric Technologies (North America) Inc. ("IFTNA") and Coconut Grove Pads Inc. ("Coconut Grove"), the Company offers a variety of products and services in both of its strategic divisions: IFTNA is focused on proprietary chemical formulations that render fabrics, foams, plastics and numerous other surfaces intelligent, thereby improving the safety and well-being of the consumer. Coconut Grove, operating as Coconut Grove Intimates, is a designer, manufacturer, distributor, licensor and licensee of ladies intimate apparel products, accessories and sleepwear.

FOR FURTHER INFORMATION, please contact: Hilton Price, CFOTel: 647.465.6161 Email: hilton.price@rogers.com

Gary Perkins - Investor Relations Tel: 416.882.0020 Email: garyperkins@rogers.com

Jean-François Dubé (Québec) – Investor Relations Tel: 514.233.9551 Email: jfdube@mac.com

 

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