28th Jun 2013 16:20
Not for Distribution to U.S. Newswire Services or for Dissemination in the United States
Ithaca Energy Inc.
Annual & Special Meeting of Shareholders Voting Results
28 June 2013
Ithaca Energy Inc. (TSX: IAE, LSE AIM: IAE) ("Ithaca" or the "Company") announces the results from its 2013 Annual and Special Meeting of shareholders which was held at 2:00 p.m. (Calgary time) on June 27, 2013 in Calgary, Alberta (the "Meeting").
For information concerning each of the matters voted upon at the Meeting please see the Company's management information circular dated May 28, 2013 (the "Information Circular"), which is available under the Corporation's profile on SEDAR at www.sedar.com.
A total of 149,790,294 common shares representing 47.23% of the Company's issued and outstanding common shares were voted in connection with the Meeting. The voting results for each matter voted on by the Company's shareholders at the Meeting is provided below:
1. Fixing the Number of Directors
The shareholders passed a resolution fixing the number of directors to be elected at the Meeting at eight (8). The vote in respect of this matter was carried out by show of hands.
2. Election of Directors
All of the nominees named in the Company's Information Circular were elected as directors of the Company. The vote in respect of each director was carried out by show of hands. The detailed results of voting are as follows:
Nominee | Votes For | % |
Jack C. Lee | 145,736,899 | 99.67% |
Iain McKendrick | 145,854,196 | 99.75% |
Ron A. Brenneman | 145,738,624 | 99.67% |
Brad Hurtubise | 142,091,815 | 97.18% |
John P. Summers | 145,740,624 | 99.68% |
Franklin M. Wormsbecker | 145,686,391 | 99.64% |
Jay M. Zammit | 133,889,437 | 91.57% |
Jannik Lindbaek | 145,907,422 | 99.79% |
3. Appointment of Auditors
The shareholders approved the appointment of PricewaterhouseCoopers LLP, Chartered Accountants, as the auditors of the Company to hold office until the close of the next annual meeting of shareholders of the Company at a remuneration to be fixed by the directors. The vote in respect of this matter was carried out by show of hands.
4. Approval of Advance Notice By-law
The shareholders approved a resolution to approve and adopt an advance notice by-law for the Company. The vote in respect of this matter was carried out by ballot with 90.97% of votes cast being in favour of the approval and adoption of the advance notice by-law.
Enquiries:
Ithaca Energy: | ||
Iain McKendrick, CEO | +44(0) 1224 650 261 | |
Graham Forbes, CFO | +44(0) 1224 652 151 | |
FTI Consulting: | ||
Billy Clegg | +44 (0) 207 269 7157 | |
Edward Westropp | +44 (0) 207 269 7230 | |
Georgia Mann | +44 (0) 207 269 7212 | |
Cenkos Securities plc: | ||
Jon Fitzpatrick | +44 (0) 207 397 8900 | |
Neil McDonald | +44 (0) 131 220 6939 | |
RBC Capital Markets: | ||
Tim Chapman | +44 (0) 207 653 4641 | |
Matthew Coakes | +44 (0) 207 653 4871 |
About Ithaca Energy
Ithaca Energy Inc. (TSX: IAE, LSE AIM: IAE) is an oil and gas operator focused on North Sea production, appraisal and development activities. The Company's strategy is centred on building a highly profitable North Sea oil and gas company by maximising production and cashflow from its existing assets, the appraisal and development of existing discoveries on properties held by the Company and the delivery of additional growth via acquisitions and licence round participation.
Not for Distribution to U.S. Newswire Services or for Dissemination in the United States
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Related Shares:
IAE.L