Red Trail Energy LLC's Fifth Annual Meeting
Red Trail Energy LLC.‘s 5th Annual Meeting was held on June 23rd at the Ramkota Hotel in Bismarck, ND. There were 26,649,687 votes represented in person or by proxy at the meeting. In order for Proposal #1 to pass, there needed to be a 66.67% of total outstanding units voting in favor of it. Due to the low number of attendance, even with a 100% approval rate of the presented units the percentage was still too low to pass the proposal. From the units that did vote, 85% were in favor of Proposal #1.
We encourage our investors to always vote on the issues presented on RTE’s annual meetings proxies. Our staff and Board of Governors are more than happy to answer any questions that you may have with any of our annual meeting materials. Our meetings also review every proposal in detail so our investors can make a knowledgeable decision when voting their shares. Thank you for your time sending back your signed proxies and attending our annual meeting. We will see you all at the next one!