CALGARY, AB--(Marketwired - Jun 18, 2014) - Ithaca Energy Inc. (
For information concerning each of the matters voted upon at the Meeting please see the Company's management information circular dated May 15, 2014 (the "Information Circular"), which is available under the Company's profile on SEDAR at www.sedar.com.
A total of 172,168,463 common shares representing 52.43% of the Company's issued and outstanding common shares were voted in connection with the Meeting. The voting results for each matter voted on by the Company's shareholders at the Meeting is provided below:
1. Fixing the Number of Directors
The shareholders passed a resolution fixing the number of directors to be elected at the Meeting at eight.
2. Election of Directors
All of the nominees named in the Information Circular were elected as directors of the Company. The detailed results of voting are as follows:
Nominee | Votes For | % |
Jack C. Lee | 165,712,221 | 97.28% |
Les Thomas | 169,790,926 | 99.68% |
Ron A. Brenneman | 169,255,379 | 99.37% |
Brad Hurtubise | 161,401,851 | 94.97% |
Franklin M. Wormsbecker | 169,758,515 | 99.66% |
Jay M. Zammit | 132,465,044 | 77.95% |
Jannik Lindbaek | 169,727,510 | 99.64% |
Alec Carstairs | 169,729,415 | 99.64% |
3. Appointment of Auditors
The shareholders approved the appointment of PricewaterhouseCoopers LLP, Chartered Accountants (Aberdeen), as the auditors of the Company to hold office until the close of the next annual meeting of shareholders of the Company at a remuneration to be fixed by the directors.
4. Approval of Unallocated Stock options
The shareholders passed a resolution to approve and ratify all unallocated stock options under the Company's stock option plan. The vote in respect of this matter was carried out by ballot, with 90.71% of votes cast being in favour of the resolution.
5. Approval of amendments to Stock Option Plan
The shareholders passed a resolution to approve certain amendments to the Company's stock option plan. The vote in respect of this matter was carried out by ballot, with 91.95% of votes cast being in favour of the resolution.
About Ithaca Energy
Ithaca Energy Inc. (
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Contact Information:
Enquiries:
Ithaca Energy
Graham Forbes
gforbes@ithacaenergy.com
+44 (0)1224 652 151
Richard Smith
rsmith@ithacaenergy.com
+44(0) 1224 652 172
FTI Consulting
Edward Westropp
edward.westropp@fticonsulting.com
+44 (0)207 269 7230
Shannon Brushe
Shannon.brushe@fticonsulting.com
+44 (0)203 727 1077
Cenkos Securities
Neil McDonald
nmcdonald@cenkos.com
+44 (0)131 220 6939
Beth McKiernan
bmckiernan@cenkos.com
+44 (0)131 220 9778
RBC Capital Markets
Tim Chapman
tim.chapman@rbccm.com
+44 (0)207 653 4641
Matthew Coakes
matthew.coakes@rbccm.com
+44 (0)207 653 4871