Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Toronto Stock Exchange  >  Birchcliff Energy Ltd.    BIR   CA0906971035

BIRCHCLIFF ENERGY LTD.

(BIR)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector news

Birchcliff Energy Ltd. : Announces Voting Results From 2020 Annual and Special Meeting of Shareholders

share with twitter share with LinkedIn share with facebook
05/15/2020 | 01:59pm EDT

CALGARY, Alberta, May 15, 2020 (GLOBE NEWSWIRE) -- Birchcliff Energy Ltd. (“Birchcliff”) (TSX: BIR) is pleased to announce that at its Annual and Special Meeting of Shareholders held on May 14, 2020 (the “Meeting”), shareholders elected all five of the proposed nominees listed in Birchcliff’s information circular dated March 25, 2020 (the “Information Circular”). In addition, shareholders approved all other matters voted upon at the Meeting.

The matters voted upon at the Meeting were discussed in detail in the Information Circular, a copy of which is available on SEDAR at www.sedar.com and on Birchcliff’s website at www.birchcliffenergy.com. The voting results for each matter voted upon are set forth in the table below and a copy of the Report of Voting Results is available on SEDAR at www.sedar.com.

Matters Voted Upon Outcome of
Vote
 Votes For Votes Against or
Withheld, as
applicable
1.Ordinary resolution to fix the number of directors of
Birchcliff to be elected at the Meeting at five.
 Passed(1) N/A

 N/A
        
2.Ordinary resolution to approve the election of the
following nominees as directors of Birchcliff, to hold
office until the close of the next annual meeting of
shareholders of Birchcliff or until their successor is
elected or appointed:
      
         
 (a)Dennis A. Dawson Elected(2) 121,837,018
95.57%
 5,653,037
4.43%
         
 (b)Debra A. Gerlach Elected(2) 121,892,737
95.61%
 5,597,318
4.39%
         
 (c)Stacey E. McDonald Elected(2) 121,802,219
95.54%
 5,687,836
4.46%
         
 (d)James W. Surbey Elected(2) 122,140,325
95.80%
 5,349,730
4.20%
         
 (e)A. Jeffery Tonken Elected(2) 121,151,462
95.03%
 6,338,593
4.97%
         
3.Ordinary resolution to approve the appointment of
KPMG LLP, Chartered Professional Accountants, as
the auditors of Birchcliff, to hold office until the close
of the next annual meeting of shareholders of
Birchcliff, and to authorize the board of directors to
fix their remuneration as such.
 Passed(1) N/AN/A
       
4.Ordinary resolution, the full text of which is set forth
on page 10 of the Information Circular, to approve all
unallocated stock options under Birchcliff’s stock
option plan
 Passed(2) 102,432,727
80.35%
 25,057,328
19.65%
Notes:
(1)   The vote was conducted by a show of hands.
(2)  The vote was conducted by ballot.

About Birchcliff:

Birchcliff is a Calgary, Alberta based intermediate oil and natural gas company with operations concentrated within its one core area, the Peace River Arch of Alberta. Birchcliff’s common shares and cumulative redeemable preferred shares, Series A and Series C, are listed for trading on the Toronto Stock Exchange under the symbols “BIR”, “BIR.PR.A” and “BIR.PR.C”, respectively.

For further information, please contact:
Birchcliff Energy Ltd.
Suite 1000, 600 – 3rd Avenue S.W.
Calgary, Alberta  T2P 0G5
Telephone: (403) 261-6401
Email: info@birchcliffenergy.com
www.birchcliffenergy.com
 Jeff Tonken– President and Chief Executive Officer


Bruno Geremia – Vice-President and Chief Financial Officer

birchcliff-logo.jpg

Source: Birchcliff Energy Ltd.

2020 GlobeNewswire, Inc., source Press Releases


share with twitter share with LinkedIn share with facebook
All news about BIRCHCLIFF ENERGY LTD.
09/14BIRCHCLIFF ENERGY LTD. : Ex-dividend day for
FA
09/01BIRCHCLIFF ENERGY LTD. : Announces Declaration of Quarterly Common Share and Pre..
AQ
08/12BIRCHCLIFF ENERGY : reports wider second-quarter loss on lower oil, liquids pric..
AQ
08/12BIRCHCLIFF ENERGY LTD. : Announces Q2 2020 Financial and Operational Results
AQ
06/12BIRCHCLIFF ENERGY LTD. : Ex-dividend day for
FA
06/04Hard-hit Canadian oil companies still waiting for Trudeau loans
RE
06/02BIRCHCLIFF ENERGY LTD. : Announces Declaration of Quarterly Common Share and Pre..
AQ
05/15BIRCHCLIFF ENERGY LTD. : Announces Voting Results From 2020 Annual and Special M..
AQ
05/13BIRCHCLIFF ENERGY LTD. : Announces Solid Q1 2020 Results and Confirmation of Bor..
AQ
03/13BIRCHCLIFF ENERGY LTD. : Ex-dividend day for
FA
More news
Financials
Sales 2020 501 M 381 M 381 M
Net income 2020 - - -
Net Debt 2020 788 M 600 M 600 M
P/E ratio 2020 -7,17x
Yield 2020 3,08%
Capitalization 548 M 417 M 417 M
EV / Sales 2020 2,67x
EV / Sales 2021 2,06x
Nbr of Employees 205
Free-Float 98,1%
Chart BIRCHCLIFF ENERGY LTD.
Duration : Period :
Birchcliff Energy Ltd. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends BIRCHCLIFF ENERGY LTD.
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 14
Average target price 2,63 CAD
Last Close Price 2,06 CAD
Spread / Highest target 94,2%
Spread / Average Target 27,4%
Spread / Lowest Target -27,2%
EPS Revisions
Managers
NameTitle
A. Jeffery Tonken Chairman, President & Chief Executive Officer
Myles R. Bosman Chief Operating Officer & Executive VP-Exploration
Bruno P. Geremia Chief Financial Officer & Vice President
Paul Messer Manager-Information Technology
James W. Surbey Non-Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
BIRCHCLIFF ENERGY LTD.-20.46%417
CNOOC LIMITED-43.29%41 824
CONOCOPHILLIPS-49.90%34 944
EOG RESOURCES, INC.-56.69%21 124
CANADIAN NATURAL RESOURCES LIMITED-45.52%20 589
ECOPETROL S.A.-43.53%20 315