BODAt the AGM the Company plans to reduce the number of Directors to 6 and all the nomonies are the Present Board. They do not plan to replace the Director that resigned in Aug.
Also could not find any info on Hedging, anyone find out any info, nice to know as perhaps the present oil price drop is a non issue for STP.
From Circular on SEDAR.
Election of Directors
At the Meeting, shareholders will be asked to fix the number of directors to be elected at the Meeting
at six members and to elect six directors to hold office until the next annual meeting or until their successors
are elected or appointed. There are currently six directors of the Corporation, each of whom retires from
office at the Meeting.
Unless otherwise directed, it is the intention of management to vote proxies in the accompanying form
in favour of an ordinary resolution fixing the number of directors to be elected at the Meeting at six members
and in favour of the election as directors of the six nominees hereinafter set forth:
Byron C. Lutes Sid W. Dykstra
David M. Antony Kenneth N. Cullen
Tibor Fekete Ross D.S. Douglas