Petrus Resources Ltd. (“Petrus” or the “Company“) (TSX:PRQ) is pleased to announce that its shareholders approved all resolutions at its annual and special meeting of shareholders held today (the “Meeting”). The resolutions approved at the Meeting were as follows:
The resolution to fix the number of directors of the Company to be elected at the Meeting at seven (7) directors was approved.
The resolution to appoint the seven (7) nominees as directors of the Company to serve until the next annual meeting of shareholders of the Company, or until their successors are elected or appointed, was passed by way of ballot and each of the directors received the following votes for their election:
| Nominee | Outcome of Vote |
Votes For | % For | Votes Withheld | % Withheld | |||||
| Neil Korchinski
Donald Gray Donald Cormack Patrick Arnell Brian Minnehan Jeff Zlotky Stephen White |
Elected
Elected Elected Elected Elected Elected Elected |
23,412,182
23,342,272 23,406,883 23,406,838 23,323,177 23,323,522 23,411,791 |
98.41
98.12 98.39 98.39 98.04 98.04 98.41 |
377,260
447,170 382,559 382,604 466,265 465,920 377,651 |
1.59
1.88 1.61 1.61 1.96 1.96 1.59 |
|||||
The resolution to appoint Ernst & Young LLP, Chartered Professional Accountants of Calgary, Alberta as the Company’s auditors was approved.
The resolution to approve the unallocated stock options under the Company’s stock option plan was approved with 23,203,498 (97.63%) of the shares represented at the Meeting voting in favour of the resolution.
The resolution to approve the deferred share unit plan of the Company was approved with 23,118,274 (97.27%) of the shares represented at the Meeting voting in favour of the resolution.
The resolution to approve the restricted share unit award plan of the Company was approved with 23,117,748 (97.27%) of the shares represented at the Meeting voting in favour of the resolution.
ABOUT PETRUS
Petrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta.
For further information, please contact:
Neil Korchinski, P.Eng.
President and Chief Executive Officer
T: 403-930-0889
E: [email protected]
