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    SGY   CA86880Y8779

SURGE ENERGY INC.

(SGY)
  Report
Delayed Toronto Stock Exchange  -  04:00 2022-08-17 pm EDT
9.510 CAD   +1.82%
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Surge Energy Inc. Announces Annual General Meeting Voting Results

05/11/2022 | 06:47pm EDT

CALGARY, AB, May 11, 2022 /CNW/ - Surge Energy Inc. (the "Company" or "Surge") (TSX: SGY) announces that at its annual meeting of shareholders held on May 11, 2022 the following nine director nominees were elected:

Surge Energy Inc. Announces Annual General Meeting Voting Results (CNW Group/Surge Energy Inc.)


Votes For

Votes Withheld


#


%


#

%

James Pasieka

Marion Burnyeat

21,918,661

21,798,272


99.50%

98.95%


110,772

231,161

    0.50%

    1.05%

Paul Colborne

Daryl Gilbert

Michelle Gramatke

21,907,972

21,786,277

21,770,858


99.45%

98.90%

98.83%


121,461

243,156

258,575

0.55%

1.10%

1.17%

Robert Leach

Allison Maher

21,931,689

21,834,760


99.56%

99.12%


97,744

194,673

0.44%

0.88%

P. Daniel O'Neil

21,741,473


98.69%


287,960

1.31%

Murray Smith

21,406,426


97.17%


623,007

2.83%

In addition, the shareholders also approved the fixing of directors to be elected at the Meeting at nine (9).

The shareholders also approved the appointment of KPMG LLP, Chartered Accounts as auditors for the ensuing year.

Neither the TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Surge Energy Inc.

© Canada Newswire, source Canada Newswire English

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Financials
Sales 2022 813 M 629 M 629 M
Net income 2022 135 M 105 M 105 M
Net Debt 2022 200 M 154 M 154 M
P/E ratio 2022 5,18x
Yield 2022 2,38%
Capitalization 793 M 613 M 613 M
EV / Sales 2022 1,22x
EV / Sales 2023 1,15x
Nbr of Employees 76
Free-Float 97,9%
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Mean consensus OUTPERFORM
Number of Analysts 8
Last Close Price 9,51 CAD
Average target price 14,47 CAD
Spread / Average Target 52,1%
EPS Revisions
Managers and Directors
Paul Colborne President, Chief Executive Officer & Director
Jared Ducs Chief Financial Officer
James Murray Pasieka Chairman
Murray Bye Chief Operating Officer
Murray D. Smith Independent Director
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