CALGARY, May 26, 2016 /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 25, 2016 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 |
16,467,053 | 100.00 | 70 | 0.00 |
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 | 15,426,837 | 92.46 | 1,258,593 | 7.54 |
Marc Drouin | 16,658,887 | 99.84 | 26,543 | 0.16 |
Dana Laustsen | 16,661,394 | 99.86 | 24,036 | 0.14 |
Stephen Mulherin | 15,202,869 | 91.11 | 1,482,561 | 8.89 |
Alex Verge | 16,481,491 | 98.78 | 203,939 | 1.22 |
Wieland Wettstein | 15,402,731 | 92.31 | 1,282,699 | 7.69 |
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 |
29,702,789 | 100.00 | Nil | 0.00 |
SOURCE Journey Energy Inc.
Alex G. Verge, President and Chief Executive Officer, 403-303-3232, alex.verge@journeyenergy.ca; Gerry Gilewicz, Chief Financial Officer, 403-303-3238, gerry.gilewicz@journeyenergy.ca; Journey Energy Inc., 700, 517 - 10th Avenue SW, Calgary AB T2R 0A8, 403-294-1635, www.journeyenergy.ca