Paramount Resources Ltd. Announces Director Election Results from its 2017 Annual Meeting of Shareholders

CALGARY, May 10, 2017 /CNW/ - Paramount Resources Ltd. ("Paramount") (TSX - "POU") announces that at its annual meeting of shareholders held on May 10, 2017 the following seven director nominees were elected:

NOMINEE


VOTES FOR

VOTES WITHHELD



Number

Percent (%)

Number

Percent (%)

CLAYTON RIDDELL


84,540,337

99.24%

650,297

0.76%

JAMES RIDDELL


84.133,157

98.76%

1,057,477

1.24%

JAMES BELL


84,932,057

99.70%

258,577

0.30%

JOHN GORMAN


84,408,498

99.08%

782,136

0.92%

DIRK JUNGE


84,412,126

99.09%

778,508

0.91%

SUSAN RIDDELL ROSE


83,827,936

98.40%

1,362,698

1.60%

JOHN ROY


84,407,440

99.08

783,194

0.92%

 

Also, the re-appointment of Ernst & Young LLP, Chartered Accountants, as auditors of the Corporation was approved.

VOTES FOR


VOTES WITHHELD

Number

Percent (%)


Number

Percent (%)

87,213,560

99.59%


363,243

0.41%

 

Paramount is a Canadian oil and natural gas exploration, development and production company with operations focused in Western Canada.  Paramount's Class A Common Shares are listed on the Toronto Stock Exchange under the symbol "POU".

SOURCE Paramount Resources Ltd.

For further information: Paramount Resources Ltd.: J.H.T. (Jim) Riddell, President and Chief Executive Officer, B.K. (Bernie) Lee, Chief Financial Officer, Phone: (403) 290-3600, Fax: (403) 262-7994