TSX ticker symbol; BKX
CAMARILLO, California,
March 29, 2017 /PRNewswire/ -- BNK
Petroleum Inc. (the "Company" or "BNK")
(TSX: BKX) is pleased to announce the results of the Annual
General Meeting of shareholders of the Company held in Vancouver, British Columbia on March 28, 2017. All of the resolutions put
forward at the meeting were approved.
The Company's shareholders voted to fix the number of directors
of the Company at eight and elected the following eight nominees to
the Board. Each of the nominees will serve for a one-year term and
hold office until the next annual meeting of shareholders, unless
he or she sooner ceases to hold office. The following table sets
forth the vote of the shareholders at the meeting with respect to
the election of directors:
Director
Nominee
|
Votes
For
|
%
For
|
Votes
Withheld
|
%Withheld
|
Ford
Nicholson
|
89,467,687
|
99.31%
|
618,273
|
0.69%
|
Victor
Redekop
|
89,200,187
|
99.02%
|
885,773
|
0.98%
|
Eric Brown
|
89,469,604
|
99.32%
|
616,356
|
0.68%
|
General Wesley Clark
(retired)
|
84,395,487
|
93.68%
|
5,690,437
|
6.32%
|
Wolf
Regener
|
89,204,504
|
99.02%
|
881,456
|
0.98%
|
Leslie
O'Connor
|
89,532,887
|
99.39%
|
553,073
|
0.61%
|
Gregory M.
Cameron
|
89,245,524
|
99.07%
|
840,436
|
0.93%
|
David
Neuhauser
|
89,508,024
|
99.36%
|
577,936
|
0.64%
|
Shareholders re-appointed KPMG LLP, Chartered Accountants as the
auditor of the Company.
Shareholders also approved the renewal of unallocated
entitlements under the Company's Stock Option Plan with 80.06% of
the votes in favour.
The shareholders also authorized the Board to effect a
consolidation of the Company's common shares on the basis of up to
ten pre-consolidation shares for each one post-consolidation share,
with the actual ratio and timing of the share consolidation to be
determined by the Board, with 93.86% of the votes in favour. The
consolidation remains subject to approval of the Toronto Stock
Exchange.
Additional details will be provided in a Report of Voting
Results to be filed on SEDAR.
About BNK Petroleum Inc.
BNK Petroleum Inc. is an international oil and gas
exploration and production company focused on finding and
exploiting large, predominately unconventional oil and gas resource
plays. Through various affiliates and subsidiaries, the Company
owns and operates shale oil and gas properties and concessions in
the United States. Additionally
the Company is utilizing its technical and operational expertise to
identify and acquire additional unconventional projects. The
Company's shares are traded on the Toronto Stock Exchange under the
stock symbol BKX.
For further information: Wolf E. Regener, +1 (805)
484-3613, Email: investorrelations@bnkpetroleum.com, Website:
www.bnkpetroleum.com