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Trinidad Drilling Ltd. (TSX:TDG) (Trinidad) is pleased to announce the voting results from our Annual Meeting of Shareholders held on May 10, 2017.
Shareholders set the number of directors at six.
Votes For
Votes Withheld
Number of directors
99.70%
0.30%
Shareholders elected the following directors:
Director
Votes For
Votes Withheld
Michael Heier
87.02%
12.98%
Jim Brown
87.26%
12.74%
Brian Burden
87.26%
12.74%
David Halford
87.97%
12.03%
Nancy Laird
87.25%
12.75%
Ken Stickland
87.08%
12.92%
Shareholders re-appointed PricewaterhouseCoopers LLP as Trinidad's auditors.
Votes For
Votes Withheld
Auditors
98.87%
1.13%
Shareholders approved the unallocated options under Stock Option.
Votes For
Votes Withheld
Stock Option Plan
80.92%
19.08%
Shareholders approved the continuation of, and amendments to, our Shareholder Rights Plan.
Votes For
Votes Withheld
Shareholder Rights Plan
86.67%
13.33%
About Trinidad Drilling
Trinidad is a corporation focused on sustainable growth that trades on the Toronto Stock Exchange under the symbol TDG. Trinidad's divisions currently operate in the drilling sector of the oil and natural gas industry, with operations in Canada, the United States and internationally. In addition, through joint venture arrangements, Trinidad operates drilling rigs in Saudi Arabia and Mexico, and is currently assessing operations in other international markets. Trinidad is focused on providing modern, reliable, expertly designed equipment operated by well-trained and experienced personnel. Trinidad's drilling fleet is one of the most adaptable, technologically advanced and competitive in the industry.
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