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CALGARY, July 13, 2017 /CNW/ - Questerre Energy
Corporation ("Questerre" or the "Company") (TSX,OSE:QEC) announces
that all matters presented for approval at its annual and special
meeting of shareholders held on June 20,
2017 (the "Meeting") have been approved.
At the Meeting, by vote by way of a show of hands, an ordinary
resolution to fix the number of directors to be elected at the
Meeting at six (6), was approved.
In addition, each of the six nominees proposed as directors and
listed in the Company's management information circular dated
May 15, 2017 (the "Management Information Circular") were
elected as directors to hold office until the next annual meeting
of shareholders or until their successors are duly elected or
appointed, unless their office is earlier vacated in accordance
with the By-Laws of the Company. The detailed results of the
vote conducted by ballot are set out below:
Nominee
|
Votes For
|
Votes
Withheld
|
Michael
Binnion
|
92,792,415
(99.70%)
|
512,423
(0.30%)
|
Earl
Hickok
|
92,926,506
(99.84%)
|
378,332
(0.16%)
|
Hans Jacob
Holden
|
92,627,675
(99.52%)
|
677,163
(0.48%)
|
Alain Sans
Cartier
|
92,802,966
(99.71%)
|
501,872
(0.29%)
|
Dennis
Sykora
|
92,802,966
(99.71%)
|
501,872
(0.29%)
|
Bjorn Inge
Tonnessen
|
92,788,015
(99.69%)
|
516,823
(0.31%)
|
By vote by way of a show of hands, the ordinary resolution to
approve the appointment of PricewaterhouseCoopers LLP, Chartered
Professional Accountants, as the auditors of the Company to hold
office until the next annual meeting of shareholders or until their
successors are appointed and authorizing the directors of the
Company to fix their remuneration, was approved.
By vote by way of ballot, the ordinary resolution to approve the
unallocated options under the Company's stock option plan, as more
particularly set out in the Management Information Circular, was
approved as follows:
Votes For
|
Votes
Against
|
62,521,813
(67.17%)
|
30,783,025
(32.83%)
|
Questerre is leveraging its expertise gained through early
exposure to shale and other non-conventional reservoirs. The
Company has base production and reserves in the tight oil
Bakken/Torquay of southeast
Saskatchewan. It is bringing on production from its lands in
the heart of the high-liquids Montney shale fairway. It is a leader on
social license to operate issues for its Utica shale gas discovery in the St. Lawrence
Lowlands, Quebec. It is pursuing
oil shale projects with the aim of commercially developing these
significant resources.
Questerre is a believer that the future success of the oil and
gas industry depends on a balance of economics, environment and
society. We are committed to being transparent and are respectful
that the public must be part of making the important choices for
our energy future.
SOURCE Questerre Energy Corporation