ShaMaran Announces Annual Meeting Voting Results
In This Article:
VANCOUVER, BC, June 25, 2024 /CNW/ - ShaMaran Petroleum Corp. (TSXV: SNM) (Nasdaq First North: SNM) ("ShaMaran Petroleum" or the "Company") held its annual general and special meeting of shareholders in Vancouver, British Columbia today, and all resolutions were passed. View PDF
Shareholders voted as follows on the matters before the meeting:
Fixing the number of Directors
Shareholders fixed the number of directors at five (5) with 99.78% of shares represented at the meeting voting in favour.
Re-election of Directors
Shareholders elected the following five (5) board members to serve on the Company's board of directors until the next annual meeting of shareholders or until their successors are elected or appointed:
| Director | For | | Withheld | |
| | | | | |
| Chris Bruijnzeels | 798,084,332 | 99.96 % | 4,972,741 | 0.04 % |
| Garrett Soden | 798,101,217 | 99.96 % | 4,955,826 | 0.04 % |
| Michael Ebsary | 798,081,110 | 99.96 % | 4,975,933 | 0.04 % |
| Keith Hill | 795,243,398 | 99.61 % | 7,813,645 | 0.39 % |
| William Lundin | 798,300,091 | 99.99 % | 4,756,952 | 0.01 % |
Appointment of Auditors
Shareholders appointed PricewaterhouseCoopers LLP as auditor of the Company for the upcoming year and authorized the directors of the Company to fix the remuneration of the auditor with 99.97% of shares represented at the meeting voting in favour.
Approval of Stock Option Plan
The Company's incentive stock option plan was approved by shareholders with 98.91% of shares represented at the meeting voting in favour.
About ShaMaran Petroleum Corp.
ShaMaran is a Canadian independent oil and gas company focused on the Kurdistan region of Iraq. The Company indirectly holds an 18% working interest (22.5% paying interest) in the Sarsang Block, and, subject to closing the previously announced transaction, will increase its indirect 27.6% working interest in the Atrush Block to 50%. The Company is listed in Toronto on the TSX Venture Exchange and in Stockholm on Nasdaq First North Growth Market (ticker "SNM"). ShaMaran is part of the Lundin Group of Companies.
Important Information
ShaMaran is obliged to make this information public pursuant to the EU Market Abuse Regulation. This information was submitted for publication through the agency of the contact person set out below on June 25, 2024, at 5:30 p.m. Eastern Time.
The Company's certified advisor on Nasdaq First North Growth Market is FNCA Sweden AB.
