CALGARY, ALBERTA--(Marketwired - May 11, 2016) - Freehold Royalties Ltd. (TSX:FRU) (Freehold) announced today that all nominees listed in its notice of meeting and information circular dated March 30, 2016, were elected as directors of Freehold at its Annual and Special Meeting of Shareholders held today in Calgary.
The results of the votes are as follows:
Nominee
Votes For
Votes Withheld
Number
%
Number
%
Gary R. Bugeaud
63,255,529
99.32
431,538
0.68
Peter T. Harrison
63,549,320
99.78
137,747
0.22
J. Douglas Kay
63,531,172
99.76
155,895
0.24
Arthur N. Korpach
63,133,276
99.13
553,791
0.87
Susan M. MacKenzie
63,205,919
99.24
481,148
0.76
Thomas J. Mullane
63,531,771
99.76
155,296
0.24
Marvin F. Romanow
63,497,466
99.70
189,601
0.30
Aidan M. Walsh
63,513,536
99.73
173,531
0.27
KPMG LLP was appointed as the auditors of Freehold with over 98% of the proxies received in favour of their appointment.
Shareholders approved the reservation and issuance of an additional 300,000 common shares of Freehold to be issued to non-management directors of Freehold pursuant to the Deferred Share Unit Plan of Freehold. The resolution was approved by ballot with 98.69% votes cast for the motion and 1.31% votes cast against the motion, after excluding the votes attached to common shares held by non-management directors.
Shareholders also approved the special resolution reducing the stated capital of the common shares of Freehold by $250,000,000, without any payment or distribution to the shareholders. The resolution passed with over 99% of the proxies received in favour of the resolution.
Freehold's primary focus is on acquiring and managing oil and gas royalties. The majority of production comes from royalty interests (mineral title and gross overriding royalties). Freehold's common shares trade on the Toronto Stock Exchange in Canada under the symbol FRU.
Contact
Freehold Royalties Ltd. Matt Donohue Manager, Investor Relations 403.221.0833 or tf 1.888.257.1873 403.221.0888 mdonohue@rife.com www.freeholdroyalties.com
Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!
