Journey Energy Inc. Reports on Voting from the 2017 Shareholders Meeting

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Journey Energy Inc. Reports on Voting from the 2017 Shareholders Meeting

Canada NewsWire

CALGARY, May 25, 2017 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") reports that all matters presented for approval at the Company's Annual General Meeting held May 24, 2017 have been fully authorized and approved.

1. Fixing the Number of Directors to be Elected at the Meeting

On a vote by a show of hands, the number of directors of the Corporation to be elected at the Meeting was fixed at six members. The number in respect of the vote is based on the proxies received.

Votes For

% For

Votes Against

% Against

19,261,412

99.79

39,700

0.21

 

2. Election of Directors

On a vote by ballot, each of the following six nominees proposed by management was elected to serve as a director of the Corporation until the next annual meeting of shareholders, or until their successors are duly elected or appointed, subject to the provisions of the Business Corporations Act (Alberta) and the by-laws of the Corporation:

Nominees

Votes For

% For

Votes Withheld

% Withheld

Howard Crone

18,720,010

97.04

571,002

2.96

Dana Laustsen

19,238,812

99.73

52,200

0.27

Ruilin Zhang

18,248,344

94.60

1,042,668

5.40

Andrew Harper

18,845,370

97.69

445,642

2.31

Ryan Shay

19,236,112

99.72

54,900

0.28

Stephen Mulherin

18,720,010

97.04

571,002

2.96

Alex Verge

18,808,570

97.50

482,442

2.50

 

3. Appointment of Auditor

On a vote by a show of hands, PricewaterhouseCoopers LLP, Chartered Accountants, was reappointed as auditors of the Corporation until the next annual meeting of shareholders, and the directors of the Corporation were authorized to fix their remuneration as such. The numbers of the vote are based on the proxies received. 

Votes For

% For

Votes Withheld

% Withheld

19,299,812

99.99

1,300

0.01

 

4. Approval of Unallocated Options

On a vote by a show of hands, all unallocated Options entitled to be granted pursuant to Journey's Option Plan were approved to be issued until May 24, 2020. The numbers of the vote are based on the proxies received. 

Votes For

% For

Votes Withheld

% Withheld

11,595,455

60.11

7,695,557

39.89

 

5. Approval of Unallocated Awards

On a vote by a show of hands, all unallocated Awards entitled to be granted pursuant to Journey's Award Plan were approved to be issued until May 24, 2020. The numbers of the vote are based on the proxies received. 

Votes For

% For

Votes Withheld

% Withheld

11,006,397

57.05

8,284,615

42.95

 

SOURCE Journey Energy Inc.

View original content: http://www.newswire.ca/en/releases/archive/May2017/25/c3794.html

Copyright CNW Group 2017

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).