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Antrim Energy Inc. ATGYF

"Antrim Energy Inc was incorporated on September 29, 1999 in Canada. The Company is engaged in the business of oil and natural gas acquisition, exploration, development and production in international locations. The Company, through its subsidiaries, conducts exploration activities in the United Kingdom and Ireland."


OTCPK:ATGYF - Post by User

Bullboard Posts
Post by GMJFARon Jun 18, 2013 7:59pm
211 Views
Post# 21539688

AGM June 18th announcemet

AGM June 18th announcemet
Antrim Announces Results of Annual and Special Meeting

CALGARY, ALBERTA--(Marketwired - June 18, 2013) -

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S.

Antrim Energy Inc. ("Antrim" or "the Company") (TSX:AEN) (AIM:AEY), an international oil and gas exploration and production company confirms that all resolutions put to shareholders at Antrim's Annual and Special Meeting of Shareholders held on June 18, 2013 were duly passed. A total of 96,097,646 common shares representing 52.02% of Antrim's issued and outstanding common shares were voted in connection with the meeting. All the nominees proposed as directors were duly elected as directors of Antrim by a majority of the votes cast by the shareholders present or represented by proxy at the meeting, as follows:

Nominee Number %
Stephen E. Greer 52,876,491 79.43
Gerry Orbell 53,102,478 79.77
Jim Perry 53,429,891 80.26
Jay Zammit 52,984,601 79.59
Colin Maclean 53,097,141 79.76
James C. Smith 53,262,114 80.01
Erik Mielke 53,189,114 79.90

Antrim also announced that the Company has taken steps to significantly reduce its ongoing G&A expenses. These steps, which are expected to reduce head office personnel costs by 50%, will allow the Company to improve operational efficiencies.

Stephen Greer, the Company's Chief Executive Officer, stated: "The Company has faced a number of challenges over the past several quarters including significant third party cost overruns on field developments in the UK North Sea. I am very pleased with the commitment of our executive management and operational staff to these reductions as the Company seeks to reduce costs to match exploration and operational activity as well as ongoing financial and regulatory responsibilities."

A new corporate presentation has been posted on the Company's website at www.antrimenergy.com.

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