Trading Symbol: NWX (TSX-V)
VANCOUVER, BC, Dec. 9, 2020
/CNW/ - Newport Exploration Ltd ("Newport" or "the Company")
is pleased to announce that the nominees listed in the management
Information Circular for the 2020 Annual General Meeting ("AGM") of
Shareholders were re-elected as directors of Newport. A total
of 61,829,897 common shares or 58.56 per cent of Newport's issued and outstanding common shares
were voted in connection with the AGM. The detailed results
are set out in the table.
Nominee
|
Votes
For
|
%
For
|
Votes
Withheld
|
%
Withheld
|
Ian Rozier
|
57,455,537
|
92.93
|
4,374,360
|
7.07
|
Barbara
Dunfield
|
57,455,537
|
92.93
|
4,374,360
|
7.07
|
Merfyn
Roberts
|
60,339,537
|
97.59
|
1,490,360
|
2.41
|
James
Robertson
|
61,773,537
|
99.91
|
56,360
|
0.09
|
These AGM results indicate strong support for the management and
Board of Directors of the Company and for the current management
strategy of allocating capital to shareholders through quarterly
dividends, as announced on December 12,
2019.
www.newport-exploration.com
www.beachenergy.com.au
www.santos.com
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the accuracy or
adequacy of this news release.
SOURCE Newport Exploration Ltd.