Corporate Presentation Available on Corridor Website and Shareholders Approve Resolutions at Annual Meeting
May 16 2018 - 11:10AM
(TSX:CDH): Corridor Resources Inc. (“Corridor”) announces that a
new management presentation was made by Steve Moran, President and
CEO, at the annual meeting of shareholders held on May 15, 2018
(the "Shareholders' Meeting"). This presentation is now
available on Corridor's website at www.corridor.ca.
Corridor is also pleased to announce that
shareholders approved at the Shareholders' Meeting each of the
resolutions set forth in the Notice of 2017 Shareholders' Meeting
and the Management Information Circular dated April 11, 2018, which
are available on SEDAR at www.sedar.com under Corridor's
profile.
A total of 46,987,185 common shares were voted
at the Shareholders' Meeting, representing 53% of the issued and
outstanding common shares of Corridor.
The voting results for each matter presented at the
Shareholders' Meeting are provided below:
1. Election of Directors
The following seven nominees were elected as
directors of Corridor to serve until the next annual meeting of the
shareholders of Corridor or until their successors are elected or
appointed. Each of the resolutions electing the directors was
conducted by ballot, with the following results:
|
Votes For |
Votes Withheld |
J. Douglas
Foster |
36,649,548 99.60% |
147,311 0.40% |
Martin
Fräss-Ehrfeld |
36,528,834 99.27% |
268,025 0.73% |
Phillip R.
Knoll |
36,573,023 99.39% |
223,836 0.61% |
James S.
McKee |
36,752,748 99.88% |
44,111 0.12% |
Norman W.
Miller |
33,383,491 90.72% |
3,413,368 9.28% |
Stephen J.
Moran |
36,784,198 99.97% |
12,661 0.03% |
Robert D.
Penner |
36,651,498 99.60% |
145,361 0.40% |
2. Appointment of Auditor
PricewaterhouseCoopers LLP, Chartered
Accountants, was appointed as auditor of Corridor for the ensuing
year with the directors to fix the auditor's remuneration.
The resolution appointing the auditor was conducted by ballot, with
the following result:
Votes For |
Votes Withheld |
46,884,171 99.78% |
103,614 0.09% |
Corridor is a Canadian junior resource company
engaged in the exploration for and development and production of
petroleum and natural gas onshore in New Brunswick and offshore in
the Gulf of St. Lawrence. Corridor currently has natural gas
production and reserves in the McCully Field near Sussex, New
Brunswick. In addition, Corridor has a shale gas prospect in
New Brunswick and an offshore conventional hydrocarbon prospect in
the Gulf of St. Lawrence.
For further information: Contact: Steve
Moran, President and CEOCorridor Resources Inc.#301, 5475 Spring
Garden Road, Halifax, Nova Scotia B3J 3T2Ph: (902) 429-4511 F:
(902) 429-0209 Web: www.corridor.ca