Based on these factors, along with the majority support of the board, we believe the proposed acquisition is in the best interests of shareholders." ZCL Chairman Anthony (Tony) P. Franceschini commented: Welcoming ISS and Glass Lewis favourable recommendations, ZCL Chairman, Anthony (Tony) P. Franceschini, stated: "We are pleased that ISS and Glass Lewis have recommended in favour of the transaction and believe Shawcor will be excellent stewards of the ZCL business moving forward. We believe the transaction represents compelling value for ZCL shareholders and we are excited for the next stage of growth for our employees and other stakeholders." Shareholders are reminded every vote counts regardless of how many shares they own and to vote their proxies by 2:00 p.m. (Edmonton Time) on March 22, 2019.