CALGARY, Alberta, May 07, 2019 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. ("Petrus" or the "Company") (TSX: PRQ) is pleased to announce that its shareholders approved all resolutions at its annual meeting of shareholders held today (the “Meeting”). The resolutions approved at the Meeting were as follows:
The resolution to fix the number of directors of the Company to be elected at the Meeting at five (5) directors was approved.
The resolution to appoint the five (5) nominees as directors of the Company to serve until the next annual meeting of shareholders of the Company, or until their successors are elected or appointed, was passed by way of ballot and each of the directors received the following votes for their election:
| | Nominee | | Outcome
of Vote | | Votes For | | % For | | Votes Withheld | | % Withheld | |
| | Neil Korchinski
| | Elected
| | 19,830,489
| | 99.81%
| | 37,427
| | (0.19%)
| |
| | | | | | | | | | | | | |
| | Donald Gray | | Elected | | 19,569,734 | | 98.50% | | 298,182 | | (1.50%) | |
| | | | | | | | | | | | | |
| | Donald Cormack | | Elected | | 19,822,392 | | 99.77% | | 45,524 | | (0.23%) | |
| | | | | | | | | | | | | |
| | Patrick Arnell | | Elected | | 19,579,342 | | 98.55% | | 288,574 | | (1.45%) | |
| | | | | | | | | | | | | |
| | Stephen White | | Elected | | 19,820,346 | | 99.76% | | 47,570 | | (0.24%) | |
| | | | | | | | | | | | | |
The resolution to appoint Ernst & Young LLP, Chartered Professional Accountants of Calgary, Alberta as the Company's auditors was approved.
ABOUT PETRUS
Petrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta.
For further information, please contact:
Neil Korchinski, P.Eng.
President and Chief Executive Officer
T: 403-930-0889
E: nkorchinski@petrusresources.com
