CALGARY, Alberta, May 09, 2019 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to announce that all matters presented for approval at the Annual General of Shareholders held May 9, 2019 have been fully authorized and approved. The items on the agenda included fixing the number of directors to be elected at seven, electing seven proposed director nominees and the appointment of Ernst & Young LLP as auditors.
The results of the voting, inclusive of all votes cast and proxies received for each director nominee, which was conducted by ballot, are as follows:
| Nominee | Votes For | Votes Withheld | ||
| No. | % | No. | % | |
| Ronald Eckhardt | 248,419,008 | 92.3% | 20,750,401 | 7.7% |
| Bryan Begley | 246,758,832 | 91.7% | 22,410,577 | 8.3% |
| Robert Broen | 245,986,189 | 91.4% | 23,183,220 | 8.6% |
| Anne Downey | 263,935,528 | 98.1% | 5,233,881 | 1.9% |
| Thomas Ebbern | 247,082,184 | 91.8% | 22,087,225 | 8.2% |
| Carlos Fierro | 246,845,606 | 91.7% | 22,323,803 | 8.3% |
| Marshall McRae | 263,321,579 | 97.8% | 5,847,830 | 2.2% |
About Athabasca Oil Corporation
Athabasca Oil Corporation is a Canadian energy company with a focused strategy on the development of thermal and light oil assets. Situated in Alberta’s Western Canadian Sedimentary Basin, the Company has amassed a significant land base of extensive, high quality resources. Athabasca’s common shares trade on the TSX under the symbol “ATH”. For more information, visit www.atha.com.
For more information, please contact:
Matthew Taylor
Vice President, Capital Markets and Communications
1-403-817-9104
mtaylor@atha.com