EDMONTON, Alberta, June 24, 2025 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, announced the results of its annual general meeting (AGM), held today. A total of 24,073,887 shares were voted in person or by proxy, representing 79.59% of the outstanding shares as of the record date. Shareholders approved all items of business before the AGM, including the election of directors as follows: About Melcor Developments Ltd. Melcor is a diversified real estate development and asset management company with a rich heritage of innovation in real estate since 1923. Through integrated operating divisions, Melcor manages the full life cycle of real estate development: acquiring raw land, community planning, construction and development, and managing revenue-producing office, retail and residential assets. Melcor develops and manages mixed-use residential communities, business and industrial parks, office buildings, retail commercial centres and golf courses. Melcor is committed to building communities that enrich quality of life – communities where people live, work, shop and play. Contact Information: Investor Relations780-945-4795[email protected]