CALGARY, May 28, 2021 - Pieridae Energy Ltd. ("Pieridae" or the "Company") (PEA.TO) today announced that, in accordance with section 11.3 of National Instrument 51-102 Continuous Disclosure Obligations, the Company released its Voting Results Report that briefly describes the matters voted upon and the outcome of the votes at the Annual and Special Meeting of Shareholders (the "Meeting") of Pieridae held on May 27, 2021 in a virtual-only format. Each of the matters acted upon at the Meeting is described below and in greater detail in the 2021 Notice of Annual Meeting of Shareholders and Management Information Circular dated April 16, 2021, a copy of which is available on SEDAR.
Matters to be Acted Upon:
1.
Number of Directors: By a resolution passed by ballot, the number of directors of the Company to be elected at the Meeting was approved at eight. Proxies were received in the matter as follows:
Votes For
Votes Against
Number
Percent
Number
Percent
64,413,666
99.91
57,103
0.09
2.
Election of Directors: By resolution passed by ballot, the following eight nominees were each elected as a director of the Company to serve until the next annual meeting of shareholders of the Company, or until their successors are elected or appointed. The results of the vote were as follows:
Nominee
Votes For
Votes Withheld
Number
Percent
Number
Percent
Myron A. T?treault
64,389,506
99.87
81,263
0.13
Andrew Judson
64,249,014
99.66
221,755
0.34
Alfred Sorensen
64,403,146
99.90
67,623
0.10
Mark Horrox
64,402,939
99.89
67,830
0.11
Charles Boulanger
64,389,544
99.87
81,225
0.13
Kjell Pedersen
64,384,558
99.87
86,211
0.13
Charle Gamba
40,784,009
63.26
23,686,760
36.74
Kiren Singh
64,404,679
99.90
66,090
0.10
3.
Appointment of Auditors: By a resolution passed by ballot, Ernst & Young LLP was appointed as the auditors of the Company to hold office until close of the next annual meeting of shareholders of the Company. Proxies were received in the matter as follows:
Votes For
Percent
Votes Withheld
Percent
66,374,992
99.98
15,309
0.02
4.
Amended and Restated Stock Option Plan: By a resolution passed via ballot, the amended and restated stock option plan, as described in Schedule A attached to the Management Information Circular, was ratified, confirmed and approved. Proxies were received in the matter as follows:
Votes For
Votes Against
Number
Percent
Number
Percent
42,554,777
66.01
21,915,992
33.99
Following the Meeting, the board of directors approved the reorganization of its committees, including the establishment of a new Governance and ESG Committee, and a new Compensation and Nomination Committee, as well as revamping its Audit Committee and Reserves & HSE Committee. This decision to move from three to four committees reflects the Company's increased focus on ESG matters, which will also be reflected as Pieridae is set to release its inaugural ESG Report in the next few weeks.
About Pieridae: Founded in 2011, Pieridae, a majority Canadian-owned corporation based in Calgary, is focused on the development of integrated energy value chain activities, including the exploration, extraction, and processing of natural gas, NGLS, and condensate, development, construction, and operation of LNG facilities. After completion of all the transactions disclosed in this news release, Pieridae has 157,641,871 common shares issued and outstanding, which trade on the TSX ("PEA.TO").
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!
