(via TheNewswire)
Calgary, Alberta – TheNewswire - (September 18, 2025) – Tenth Avenue Petroleum Corp. (“TPC” or the “Company”) (TSXV:TPC) is pleased to announce that all nominees listed in the management proxy circular were elected as directors of the Company at its annual general and special meeting of shareholders (“AGM” and “SGM”) held on Wednesday, September 17, 2025.
A total of 16,783,724 common shares or 37.22% of the Company’s issued and outstanding common shares of the record date were represented in person or by proxy at the AGM & SGM (the “Represented Shareholders”).
The resolution to fix the number of directors of the Company to be elected at the Meeting at four (4) directors was approved.
The resolution to appoint the four (4) nominees as director of the Company to serve until the next annual meeting of shareholder of the Company, or until their successors are elected or appointed, was passed by way of ballot and each of the director received the following votes
Nominee | Votes For | % of Votes For | Votes Withheld | % of Votes Withheld |
Cameron MacDonald | 16,705,773 | 99.553% | 74,951 | 0.447% |
Ron Hozjan | 16,780,365 | 99.998% | 359 | 0.002% |
Brian Prokop | 16,780,365 | 99.998% | 359 | 0.002% |
Scott Reeves | 16,705,773 | 99.553% | 74,951 | 0.447% |
The resolution to approve the stock option plan was approved with 16,754,365 (99.843%) of the shares represented at the Meeting voting in favour of the resolution.
The resolution to appoint Crowe & McKay LLP as the Company auditors was approved.
The special resolution to change the Company name to Decimus Oil Corp. was approved with 16,780,225 (99.979%) of the shares represented at the Meeting voting in favour of the special resolution.
Further disclosure on the matters approved at the Meeting can be found in the Management Information Circular dated August 15, 2025 and the Report of Voting Results of the Meeting on SEDAR+.
About Tenth Avenue Petroleum Corp.
Tenth Avenue Petroleum Corp. (TSXV: TPC) is a Canadian junior oil and gas exploration and production Company focused on sustainable growth in Alberta. Headquartered in Calgary, the Company engages in the exploration, development, and production of crude oil and natural gas properties in Western Canada. With a commitment to operational excellence and per-share growth, Tenth Avenue Petroleum leverages its strategic assets in the Mannville stack to deliver value to shareholders.
For further information:
Cameron MacDonald
President & CEO
Phone: (403) 585-9875
Dean Stuart
Investor Relations
Phone: (403) 617-7609
Email: dean@boardmarker.net
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-looking Information and Statements
The information in this news release contains certain forward-looking statements. These statements relate to future events or our future performance. All statements other than statements of historical fact may be forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "estimate", "approximate", "expect", "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe", "would" and similar expressions. These statements involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company's control, including: the impact of the COVID-19 pandemic on the Company's business and operations (and the duration of the impacts thereof). the inability of the Company to meet its commitments on its lands or on the lands it may acquire, the impact of general economic conditions; industry conditions; changes in laws and regulations including the adoption of new environmental laws and regulations and changes in how they are interpreted and enforced; fluctuations in commodity prices and foreign exchange and interest rates; stock market volatility and market valuations; volatility in market prices for oil and natural gas; liabilities inherent in oil and natural gas operations; uncertainties associated with estimating oil and natural gas reserves, changes in income tax laws or changes in tax laws and incentive programs relating to the oil and gas industry; geological, technical, drilling and processing problems and other difficulties in producing petroleum reserves; and obtaining required approvals of regulatory authorities. The Company's actual results, performance or achievement could differ materially from those expressed in, or implied by, such forward-looking statements and, accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur or, if any of them do, what benefits the Company will derive from them. These statements are subject to certain risks and uncertainties and may be based on assumptions that could cause actual results to differ materially from those anticipated or implied in the forward-looking statements. The forward-looking statements in this news release are expressly qualified in their entirety by this cautionary statement. Except as required by law, the Company undertakes no obligation to publicly update or revise any forward-looking statements. Investors are encouraged to review and consider the additional risk factors set forth in the Company's continuous disclosure documents which are available on SEDAR at www.sedar.com .
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