Toscana Energy Reports Voting Results of Annual Meeting of Shareholders
June 12 2017 - 01:14PM
Toscana Energy Income Corporation ("Toscana Energy" or the
"Company") (TSX:TEI) held its annual meeting of
shareholders on June 12, 2017 in Calgary, Alberta. A total of
1,345,856 common shares ("Common Shares") of the Company,
representing approximately 18.46% of Common Shares, were
represented in person or by proxy at the meeting.
During the business proceedings at the meeting,
shareholders approved resolutions fixing the number of directors to
be elected at the meeting at six and appointing Deloitte LLP as the
Company's auditors.
In addition, the six director nominees proposed
by management were elected by ballot at the meeting. Proxies
and in person votes were received as follows:
Nominee |
Votes For |
Votes Withheld |
|
Number |
Percentage |
Number |
Percentage |
Thomas Budd |
1,268,680 |
98.90% |
14,050 |
1.10% |
Donald Copeland |
1,276,894 |
99.55% |
5,836 |
0.45% |
Joseph Durante |
1,213,333 |
94.59% |
69,397 |
5.41% |
John
Festival |
1,276,894 |
99.55% |
5,836 |
0.45% |
Martin Hislop |
1,276,894 |
99.55% |
5,836 |
0.45% |
Brian Krausert |
1,276,394 |
99.51% |
6,336 |
0.49% |
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About Toscana Energy Income Corporation
Toscana Energy is a conventional oil and gas
producer with the mandate to acquire high quality, long life oil
and gas assets including royalties, non-operated working interests
and unitized production for yield and capital appreciation.
Toscana Energy is managed by Sprott Toscana through Toscana Energy
Corporation. Sprott Toscana is a member of the Sprott Group of
Companies.
For further information, please visit our
website at www.sprott-toscana.com or contact:
Joseph S. Durante, Chief Executive OfficerTel:
(403) 410-6793Fax: (403) 444-0090
Source: Toscana Energy Income Corporation