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Bonavista Energy Corporation Reports on Voting from Shareholders Meeting

08.05.2015  |  Marketwired

CALGARY, ALBERTA--(Marketwired - May 7, 2015) - Bonavista Energy Corp. (TSX:BNP) ("Bonavista") announces that all matters presented for approval at the annual meeting of shareholders held today have been fully authorized and approved. A total of 133,380,857 votes, representing 61.58% of total votes entitled to vote at the meeting, were voted in connection with the matters considered at the meeting.

At the meeting, all of the nominees proposed as directors were duly elected as directors of Bonavista with a majority of votes cast by the shareholders present or represented at the meeting as follows:

Name of Nominee Votes For Percent
(%)
Votes Withheld Percent
(%)
Keith A. MacPhail 129,519,310 97.56 3,243,303 2.44
Ian S. Brown 132,052,221 99.46 710,392 0.54
Michael M. Kanovsky 131,391,472 98.97 1,371,141 1.03
Sue Lee 126,473,531 95.26 6,289,082 4.74
Margaret A. McKenzie 127,003,694 95.66 5,758,919 4.34
Robert Phillips 131,468,472 99.03 1,294,141 0.97
Ronald J. Poelzer 129,776,766 97.75 2,985,847 2.25
Jason E. Skehar 131,488,674 99.04 1,273,939 0.96
Christopher P. Slubicki 126,826,438 95.53 5,936,175 4.47

In addition, KPMG LLP, Chartered Accountants, were appointed as auditors of Bonavista to hold office until the next annual meeting, and the directors were authorized to fix their remuneration. The results of the ballot were as follows:

Votes For Percent
(%)
Votes Withheld Percent
(%)
132,855,219 99.61 525,638 0.39

Bonavista is a mid-sized energy corporation committed to maintaining its emphasis on operating high quality oil and natural gas properties, providing a balance of growth and income to our shareholders while ensuring financial strength and sustainability.



Contact

Glenn A. Hamilton
Senior Vice President & CFO
Berk Sumen
Manager, Investor Relations
Bonavista Energy Corp.
1500, 525 - 8th Avenue SW
Calgary, AB T2P 1G1
(403) 213-4300
www.bonavistaenergy.com