The Boulder Growth & Income Fund, Inc. (NYSE: BIF) held its reconvened annual stockholders' meeting in Boulder, Colorado on Friday, June 12, 2009, at which time stockholders elected Richard I. Barr, Joel W. Looney, Dr. Dean L. Jacobson, John S. Horejsi, and Susan L. Ciciora to serve as directors.
In addition to the routine election of Directors, stockholders also approved an amendment to the Fund’s charter classifying the Board of Directors into three separate classes and making related changes to the charter. As such, John S. Horejsi and Dean L. Jacobson were elected as Class I Directors, each to serve a one-year term and until their successors are duly elected and qualified, Joel W. Looney was elected as a Class II Director, to serve a 2-year term, and until his successor is duly elected and qualified, and Richard I. Barr and Susan L. Ciciora were elected as Class III Directors, each to serve a 3-year term, and until their successors are duly elected and qualified. Ms. Ciciora and Mr. Horejsi were elected by a separate vote of the Fund’s preferred shares.
With respect to the proposal to classify the Board of Directors, as of the reconvened meeting date, proxies for approximately 66% of the Fund’s outstanding shares were received, with over 74% of such proxies voting in favor of the proposal.
For more information on the Fund, please visit www.boulderfunds.net.
Boulder Investment Advisers, LLC
Nicole Murphey, 303-449-0426
