Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Paramount Resources Ltd. Announces Director Election Results From its 2018 Annual Meeting of Shareholders

T.POU

Canada NewsWire

CALGARY, May 9, 2018 /CNW/ - Paramount Resources Ltd. ("Paramount") (TSX - "POU") announces that at its annual meeting of shareholders held on May 9, 2018 the following ten director nominees were elected:

NOMINEE


VOTES FOR

VOTES WITHHELD



Number

Percent (%)

Number

Percent (%)

CLAYTON RIDDELL


108,363,678

98.84%

1,274,485

1.16%

JAMES RIDDELL


109,217,048

99.62%

421,115

0.38%

JAMES BELL


107,287,455

97.86%

2,350,708

2.14%

WILFRED GOBERT


109,299,164

99.69%

338,999

0.31%

JOHN GORMAN


107,917,376

98.43%

1,720,787

1.57%

DIRK JUNGE


108,808,859

99.24%

829,304

0.76%

ROBERT MACDONALD


109,309,812

99.70%

328,351

0.30%

KEITH MACLEOD


109,313,516

99.70%

324,647

0.30%

SUSAN RIDDELL ROSE


107,544,156

98.09%

2,094,007

1.91%

JOHN ROY


106,801,831

97.41%

2,836,332

2.59%

 

The re-appointment of Ernst & Young LLP, Chartered Accountants, as auditors of the Corporation was approved.

VOTES FOR

VOTES WITHHELD

Number

Percent (%)

Number

Percent (%)

112,120,791

99.49%

577,105

0.51%

 

Also, amendments to Paramount's stock option plan were authorized and approved.

VOTES FOR

VOTES AGAINST

Number

Percent (%)

Number

Percent (%)

91,935,650

83.85%

17,702,513

16.15%

 

In addition, all unallocated options under Paramount's Stock Option Plan were authorized and approved.

VOTES FOR

VOTES AGAINST

Number

Percent (%)

Number

Percent (%)

91,956,076

83.87%

17,682,087

16.13%

 

Paramount is an independent, publicly traded, liquids-focused Canadian energy company that explores for and develops both conventional and unconventional petroleum and natural gas resources, including long-term strategic exploration and pre-development plays, and holds a portfolio of investments in other entities.  The Company's principal properties are located in Alberta and British Columbia.  Paramount's Class A common shares are listed on the Toronto Stock Exchange under the symbol "POU".

SOURCE Paramount Resources Ltd.

View original content: http://www.newswire.ca/en/releases/archive/May2018/09/c7498.html



Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today