AGM June 18th announcemet Antrim Announces Results of Annual and Special Meeting
CALGARY, ALBERTA--(Marketwired - June 18, 2013) -
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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.