CALGARY, ALBERTA--(Marketwired - May 11, 2015) - NuVista Energy Ltd. ("NuVista" or the "Corporation") (TSX:NVA) announces that the following matters were approved at the annual and special meeting of the shareholders of NuVista held on May 11, 2015 in Calgary, Alberta. Each of the matters is described in greater detail in the Notice of Annual and Special Meeting of Shareholders and Information Circular dated March 31, 2015 (the "Circular").
1. Fixing the Number of Directors
By resolution passed via ballot, the number of directors to be elected at the meeting was fixed at nine members. The results of the ballot were as follows:
| |
Votes For |
Percent |
|
Votes
Against |
Percent |
|
| |
118,021,974 |
99.53 |
% |
554,624 |
0.47 |
% |
2. Election of Directors
By resolution passed via ballot, the following nine nominees were appointed as directors of the Corporation to serve until the next annual meeting of shareholders of the Corporation, or until their successors are elected or appointed. The results of the ballot were as follows:
| Name of Nominee |
Votes For |
Percent |
|
Votes Withheld |
Percent |
|
| |
|
|
|
|
|
|
| W. Peter Comber |
117,528,885 |
99.26 |
% |
876,263 |
0.74 |
% |
| Ronald J. Eckhardt |
118,352,097 |
99.96 |
% |
53,051 |
0.04 |
% |
| Pentti O. Karkkainen |
117,538,044 |
99.27 |
% |
867,104 |
0.73 |
% |
| Keith A. MacPhail |
117,444,320 |
99.19 |
% |
960,828 |
0.81 |
% |
| Ronald J. Poelzer |
117,806,417 |
99.49 |
% |
598,731 |
0.51 |
% |
| Brian G. Shaw |
118,312,097 |
99.92 |
% |
93,051 |
0.08 |
% |
| Sheldon B. Steeves |
118,116,124 |
99.76 |
% |
289,024 |
0.24 |
% |
| Jonathan A. Wright |
117,847,774 |
99.53 |
% |
557,374 |
0.47 |
% |
| Grant A. Zawalsky |
108,156,887 |
91.34 |
% |
10,248,261 |
8.66 |
% |
3. Appointment of Auditors
By resolution passed via ballot, KPMG LLP, Chartered Accountants, were appointed as auditors of the Corporation to hold office until close of the next annual meeting or until their successors are duly appointed, and the directors were authorized to fix their remuneration. The results of the ballot were as follows:
| |
Votes For |
Percent |
|
Votes
Withheld |
Percent |
|
| |
118,138,542 |
99.63 |
% |
438,089 |
0.37 |
% |
4. Approval of Amendments to Restricted Share Award Plan
By ordinary resolution passed via ballot, certain amendments to the Corporation's restricted share award plan and the ratification of a previous grant of 65,213 restricted share awards in excess of the current plan limit in the form set forth on page 11 of Circular was passed. The results of the ballot were as follows:
| |
Votes For |
Percent |
|
Votes
Withheld |
Percent |
|
| |
107,671,695 |
90.93 |
% |
10,733,453 |
9.07 |
% |
5. Approval of Amendment to Articles
By special resolution passed via ballot, an amendment to the articles of the Corporation to remove the performance shares from the authorized share capital in the form set forth on page 12 of the Circular was passed. The results of the ballot were as follows:
| |
Votes For |
Percent |
|
Votes
Withheld |
Percent |
|
| |
118,253,288 |
99.87 |
% |
151,893 |
0.13 |
% |
INVESTOR INFORMATION
NuVista is an independent Canadian oil and natural gas exploration, development and production corporation with its Common Shares trading on the Toronto Stock Exchange under the symbol "NVA".