CALGARY, AB, May 2, 2024 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) announces that the following eight director nominees were elected at today's annual general meeting of shareholders:
VOTES FOR | VOTES WITHHELD | |||
Number | ( %) | Number | ( %) | |
James Riddell | 114,853,112 | 99.76 | 275,160 | 0.24 |
James Bell | 103,437,570 | 89.85 | 11,690,702 | 10.15 |
Wilfred Gobert | 111,627,876 | 96.96 | 3,500,396 | 3.04 |
Dirk Jungé | 114,279,720 | 99.26 | 848,552 | 0.74 |
Kim Lynch Proctor | 114,885,635 | 99.79 | 242,637 | 0.21 |
Keith MacLeod | 114,862,278 | 99.77 | 265,994 | 0.23 |
Jill McAuley | 115,067,874 | 99.95 | 60,398 | 0.05 |
Susan Riddell Rose | 99,536,075 | 86.46 | 15,592,197 | 13.54 |
The re-appointment of Ernst & Young LLP, Chartered Professional Accountants, as auditors of the Company until the next annual meeting of shareholders was approved with 116,787,287 (98.85%) of the votes cast for and 1,362,634 (1.15%) votes withheld.
An ordinary resolution approving the Cash Bonus and Restricted Share Unit Plan of the Company was approved with 95,652,405 (83.08%) of the votes cast for and 19,475,867 (16.92%) of the votes cast against.
In addition, an ordinary resolution approving the unallocated options under the Stock Option Plan of the Company was approved with 95,627,553 (83.06%) of the votes cast for and 19,500,719 (16.94%) of the votes cast against.
Paramount is an independent, publicly traded, liquids-rich natural gas focused Canadian energy company that explores for and develops both conventional and unconventional petroleum and natural gas, including longer-term strategic exploration and pre-development plays, and holds a portfolio of investments in other entities. The Company's principal properties are located in Alberta and British Columbia. Paramount's class A common shares are listed on the Toronto Stock Exchange under the symbol "POU".
SOURCE Paramount Resources Ltd.
