23:06:16 EDT Fri 19 Apr 2024
Enter Symbol
or Name
USA
CA



Cathedral Energy Services Ltd
Symbol CET
Shares Issued 36,186,380
Close 2014-04-22 C$ 4.39
Market Cap C$ 158,858,208
Recent Sedar Documents

Cathedral shareholders elect eight directors at AGM

2014-04-24 14:43 ET - News Release

Mr. Scott MacFarlane reports

CATHEDRAL ENERGY SERVICES ANNOUNCES DIRECTOR ELECTION RESULTS AND ADOPTION OF ADVANCE NOTICE BYLAW

Cathedral Energy Services Ltd. held its annual and special meeting of shareholders on April 23, 2014. A total of 22,472,479 common shares representing 62.10 per cent of the company's issued and outstanding common shares were voted in connection with the meeting. All the nominees proposed as directors were duly elected as directors of the company by a majority of the votes cast by the shareholders present or represented by proxy at the meeting, as shown in the attached table.

Nominee                  Number      %
   
P. Scott MacFarlane  21,798,750  98.00%
Randy H. Pustanyk    21,796,350  97.99%
Rod Maxwell          21,736,150  97.72%
Scott Sarjeant       21,731,950  97.70%
Jay Zammit           20,404,438  91.74%
Robert L. Chaisson   21,717,150  97.64%
P. Daniel O'Neil     21,718,750  97.64%
Ian S. Brown         21,652,488  97.35%

The company is also pleased to announce the adoption of an advance notice bylaw. The bylaw became effective following the company's annual and special meeting of shareholders held on April 23, 2014. A copy of the bylaw is available under the company's profile on SEDAR.

Among other things, the bylaw fixes a deadline by which shareholders must submit a notice of director nominations to the company in order for such nominations to be proposed at annual or special meetings of shareholders where directors are to be elected. Further, the bylaw sets forth the information that a shareholder must include in the notice for it to be valid. In the case of an annual meeting of shareholders, notice to the company must be made not less than 30 nor more than 65 days prior to the date set for the annual meeting.

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