(TSX-V | OYL)
TORONTO, June 1, 2017 /CNW/ - CGX Energy Inc. (TSX-V -
OYL) ("CGX Energy" or the "Company") annual and special meeting of shareholders was held on Thursday June 1, 2017, where each of the three nominees proposed as directors pursuant to the Company's
management proxy circular dated May 11, 2017 were elected as directors. The directors achieved an
average approval vote of 92% from shareholders. The detailed results of the vote are set out below:
Nominee
|
Outcome of Vote
|
Voted
|
Voted (%)
|
Erik Lyngberg
|
Approved
|
68,210,344 Voted
97,450 Withheld
|
99.86%
0.14%
|
Dennis Mills
|
Approved
|
68,203,644 Voted
104,150 Withheld
|
99.85%
0.15%
|
Suresh Narine
|
Approved
|
51,922,956 Voted
16,384,838 Withheld
|
76.01%
23.99%
|
About CGX Energy
CGX Energy is a Canadian-based oil and gas exploration company focused on the exploration of oil in the Guyana-Suriname
Basin.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX
VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
Forward-Looking Statements:
This news release contains forward-looking statements. Forward-looking statements are frequently characterized by words such
as "plan", "expect", "project", "intend", "believe", anticipate", "estimate", "may", "will", "would", "potential", "proposed" and
other similar words, or statements that certain events or conditions "may" or "will" occur in the future. These forward-looking
statements are based on certain key expectations and assumptions made by CGX Energy. CGX Energy believes the expectations and
assumptions on which it develops forward-looking statements are reasonable; however, undue reliance should not be placed on
forward-looking statements as there can be no assurance they will prove to be correct. Since forward-looking statements address
future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ
materially from those currently anticipated due to a number of factors and risks. In addition, other risks that may affect the
forward-looking statements in this news release are outlined further in the Company's most recent Annual Information Form on
SEDAR at www.sedar.com.
The forward-looking statements contained in this news release are made as of the date hereof and CGX Energy undertakes no
obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information,
future events or otherwise, unless so required by applicable securities laws.
SOURCE CGX Energy Inc.
View original content: http://www.newswire.ca/en/releases/archive/June2017/01/c1081.html