Newport Announces Election of Directors

Newport Announces Election of Directors

Canada NewsWire

VANCOUVER, BC, Dec. 9, 2020

Trading Symbol: NWX (TSX-V)

VANCOUVER, BC, Dec. 9, 2020 /CNW/ - Newport Exploration Ltd ("Newport" or "the Company") is pleased to announce that the nominees listed in the management Information Circular for the 2020 Annual General Meeting ("AGM") of Shareholders were re-elected as directors of Newport. A total of 61,829,897 common shares or 58.56 per cent of Newport's issued and outstanding common shares were voted in connection with the AGM. The detailed results are set out in the table.

Nominee	Votes For	% For	Votes Withheld	% Withheld
Ian Rozier	57,455,537	92.93	4,374,360	7.07
Barbara Dunfield	57,455,537	92.93	4,374,360	7.07
Merfyn Roberts	60,339,537	97.59	1,490,360	2.41
James Robertson	61,773,537	99.91	56,360	0.09

These AGM results indicate strong support for the management and Board of Directors of the Company and for the current management strategy of allocating capital to shareholders through quarterly dividends, as announced on December 12, 2019.

www.newport-exploration.com
www.beachenergy.com.au
www.santos.com

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

SOURCE Newport Exploration Ltd.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/December2020/09/c8467.html

Copyright CNW Group 2020

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