Crescent Point Energy Shareholders Approve All Resolutions at Annual General Meeting
CALGARY, ALBERTA--(Marketwired - May 30, 2013) - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) held its Annual General Meeting of shareholders in Calgary today. A total of 188.04 million shares (approximately 49.14 % of outstanding common shares) were represented in person or by proxy.
During the regular business proceedings at the meeting, shareholders approved the following resolutions:
| 1. |
The appointment of seven (7) board members for the ensuing year. |
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| 2. |
The election of individual directors, with shares represented at the meeting voting in favour of individual directors, as follows: |
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Peter Bannister |
99.86% |
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Paul Colborne |
93.44% |
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Ken Cugnet |
96.96% |
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Hugh Gillard |
97.16% |
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Gerald Romanzin |
91.95% |
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Scott Saxberg |
96.91% |
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Greg Turnbull |
73.96% |
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| 3. |
The special resolution approving amendments to the Company's articles of incorporation to increase the maximum number of directors the Company may have from seven (7) to eleven (11) directors. |
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| 4. |
The resolution confirming adoption of a by-law providing advance notice requirements for the nomination of directors, the full text of which is set forth in the Information Circular. |
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| 5. |
The appointment of PricewaterhouseCoopers LLP as Crescent Point's auditors. |
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| 6. |
The resolution to accept the Company's approach to executive compensation, the full text of which is set forth in the Information Circular. |
The biographies of Crescent Point's board members and more details about the Company's corporate governance practices are available on www.crescentpointenergy.com.
Crescent Point is a conventional oil and gas producer with assets strategically focused in properties comprised of high-quality, long-life, operated light and medium oil and natural gas reserves in United States and Canada.
CRESCENT POINT ENERGY CORP.
Scott Saxberg, President and Chief Executive Officer
Crescent Point shares are traded on the Toronto Stock Exchange under the symbol CPG.
Contact Information:
Crescent Point Energy Corp.
Greg Tisdale
Chief Financial Officer
(403) 693-0020 or Toll-free (U.S. & Canada): 888-693-0020
(403) 693-0070 (FAX)
Crescent Point Energy Corp.
Trent Stangl
Vice President Marketing and Investor Relations
(403) 693-0020 or Toll-free (U.S. & Canada): 888-693-0020
(403) 693-0070 (FAX)
Crescent Point Energy Corp.
Suite 2800, 111-5th Avenue S.W.
Calgary, Alberta T2P 3Y6
www.crescentpointenergy.com
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