BlackPearl Resources : Voting Results of BlackPearl Annual Meeting
May 05, 2016 at 06:01 pm EDT
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CALGARY, ALBERTA--(Marketwired - May 5, 2016) - BlackPearl Resources Inc. ("BlackPearl" or the "Company") (TSX:PXX)(OMX:PXXS) announces that at its Annual Meeting of shareholders held in Calgary, Alberta on May 5, 2016, all of the nominees proposed as directors and listed in its notice of meeting and information circular dated March 24, 2016, were elected as directors of BlackPearl, the results being as follows:
Name of Nominee
Votes For
Percent
Votes Withheld
Percent
John H. Craig
196,082,118
100
59,050
0.0
Brian D. Edgar
195,884,718
99.9
256,450
0.1
John L. Festival
196,083,127
100
58,041
0.0
Keith C. Hill
195,333,927
99.6
807,241
0.4
Victor M. Luhowy
196,095,212
100
45,956
0.0
Following are the results of the other items of business voted on at the Annual Meeting of the shareholders of the Company:
Appointment of Auditors
PricewaterhouseCoopers LLP, Chartered Professional Accountants, was appointed as auditor of the Corporation for the ensuing year at a remuneration to be determined by the board of directors of the Corporation. Results of the vote were as follows:
Votes For
Percent
Votes Withheld
Percent
196,134,335
100
6,833
0.0
The information in this release is subject to the disclosure requirements of BlackPearl Resources Inc. under the Swedish Securities Market Act and/or the Swedish Financial Instruments Trading Act. This information was publicly communicated on May 5, 2016 at 4:00 p.m. Mountain Time.
BlackPearl Resources Inc is a Canda-based oil and natural gas company, which is engaged in the business of oil and gas exploration, development and production in North America. Its primary focus is on heavy oil and oil sands projects in Western Canada. Its core properties include Onion Lake, Saskatchewan, which is a conventional heavy oil property, as well as a thermal enhanced oil recovery project; Mooney, Alberta, which is a conventional heavy oil property using horizontal drilling and alkali, surfactant, polymer flooding, and Blackrod, Alberta, which is a bitumen property located in the Athabasca oil sands region using the Steam Assisted Gravity Drainage recovery process. It holds working interests, ranging from 50% to 100%, in approximately 12.5 net sections of land (8,094 net acres) located in the Onion Lake area of Saskatchewan. It has ongoing operations and production in other areas of Alberta and Saskatchewan, including Reita Lake, Portage, Fishing Lake, Salt Lake and Unity.