TORONTO, June 21,
2022 /CNW/ - CES Energy Solutions Corp.
("CES" or the "Company") (TSX: CEU) (OTC:
CESDF) is pleased to announce the results of the matters to be
voted on at the annual general and special meeting of shareholders
held on June 21, 2022 (the
"Meeting"). Based on the proxies received and on a
ballot conducted at the Meeting, the following individuals, being
the eight nominees listed in the management information circular of
the Company dated May 12, 2022 (the
"Circular"), were elected as directors of the Company until
the next annual shareholders' meeting:
|
Name of Nominee
|
|
Votes cast FOR
|
|
% of votes cast FOR
|
|
Votes cast WITHHELD
|
|
% of votes cast WITHHELD
|
|
Philip J.
Scherman
|
|
153,662,317
|
|
99,42 %
|
|
893,676
|
|
0.58 %
|
|
Spencer D. Armour
III
|
|
150,851,388
|
|
97.60 %
|
|
3,704,605
|
|
2.40 %
|
|
Stella
Cosby
|
|
138,737,535
|
|
89.77 %
|
|
15,818,458
|
|
10.23 %
|
|
Ian
Hardacre
|
|
154,336,903
|
|
99.86 %
|
|
219,090
|
|
0.14 %
|
|
John M.
Hooks
|
|
137,852,734
|
|
89.19 %
|
|
16,703,259
|
|
10.81 %
|
|
Kyle D.
Kitagawa
|
|
153,498,298
|
|
99.32 %
|
|
1,057,695
|
|
0.68 %
|
|
Joseph
Wright
|
|
153,964,390
|
|
99.62 %
|
|
591,603
|
|
0.38 %
|
|
Kenneth E.
Zinger
|
|
153,107,904
|
|
99.06 %
|
|
1,448,089
|
|
0.94 %
|
All other resolutions provided for in the Circular were duly passed
and a report on the voting results has been filed today at
www.sedar.com.
Dividend Declared
In addition, CES announces today that it will pay a cash
dividend of $0.016 per common share
on July 15, 2022 to the shareholders
of record at the close of business on June
30, 2022.
About CES Energy Solutions Corp.
CES is a leading provider of technically advanced
consumable chemical solutions throughout the lifecycle of the
oilfield. This includes solutions at the drill-bit, at the point of
completion and stimulation, at the wellhead and pump-jack, and
finally through to the pipeline and midstream market. CES' business
model is relatively asset light and requires limited re-investment
capital to grow. As a result, CES has been able to capitalize on
the growing market demand for drilling fluids and production and
specialty chemicals in North
America while generating free cash flow.
Additional information about CES is available at
www.sedar.com or on the Company's website at
www.cesenergysolutions.com.
THE TORONTO
STOCK EXCHANGE HAS NOT REVIEWED
AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF
THIS RELEASE.
SOURCE CES Energy Solutions Corp.