NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA
CALGARY, April 24, 2014 /CNW/ - Cathedral Energy Services Ltd. (the
"Company" or "Cathedral" / TSX: CET) held its annual and special
meeting of shareholders on April 23, 2014. A total of 22,472,479 common
shares representing 62.10% 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 follows:
| 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 by-law (the "By-law"). The By-law became effective following
the Company's annual and special meeting of shareholders held on April
23, 2014. A copy of the By-law is available under the Company's profile
at www.sedar.com.
Among other things, the By-law 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 By-law
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.
Cathedral Energy Services Ltd. (the "Company"/"Cathedral") and its
wholly owned subsidiary, Cathedral Energy Services Inc., are engaged in
the business of providing selected oilfield services to oil and natural
gas companies in western Canada and the United States. The Company
strives to provide its clients with value added technologies and
solutions to meet their directional drilling and production testing
requirements. The Company's shares trade on the TSX under the symbol:
CET. For more information, visit www.cathedralenergyservices.com.
SOURCE Cathedral Energy Services Ltd.
<p> <i>P. Scott MacFarlane, President and CEO or Randy Pustanyk, Executive Vice President and COO</i> </p> <p> <i>Cathedral Energy Services Ltd., 6030 - 3<sup>rd</sup> Street S.E., Calgary, Alberta T2H 1K2</i> </p> <p> <i>Telephone: 403.265.2560 Fax: 403.262.4682 <a href="http://www.cathedralenergyservices.com">www.cathedralenergyservices.com</a></i> </p>