Prairie Provident Announces Voting Results from Annual Meeting of Shareholders

Prairie Provident Announces Voting Results from Annual Meeting of Shareholders

ID: 543402

(firmenpresse) - CALGARY, ALBERTA -- (Marketwired) -- 05/18/17 -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX: PPR) is pleased to announce the results of shareholder voting at its annual meeting held May 18, 2017, at which resolutions re-electing the board of directors and appointing the Company's auditors were approved. Approximately 71.9% of the common shares outstanding were represented in person or by proxy at the meeting. The detailed voting results are set out below.

Election of Directors

Each of the following seven nominees was elected as a director of Prairie Provident for the ensuing year, to hold office until the close of the next annual meeting of shareholders.

Appointment of Auditors

Ernst & Young LLP were appointed as auditors of the Company for the ensuing year, to hold office until the close of the next annual meeting of shareholders.

About Prairie Provident

Prairie Provident is a Calgary-based company engaged in the exploration and development of oil and natural gas properties in Alberta. The Company's strategy is to grow organically in combination with accretive acquisitions of conventional oil prospects, which can be efficiently developed. Prairie Provident's operations are primarily focused at Wheatland and Princess in Southern Alberta targeting the Ellerslie and the Lithic Glauc formations, along with an early stage waterflood project at Evi in the Peace River Arch. Prairie Provident protects its balance sheet through an active hedging program and manages risk by allocating capital to opportunities offering maximum shareholder returns.



Contacts:
Prairie Provident Resources Inc.
Tim Granger
President and Chief Executive Officer
(403) 292-8110



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Bereitgestellt von Benutzer: Marketwired
Datum: 18.05.2017 - 22:48 Uhr
Sprache: Deutsch
News-ID 543402
Anzahl Zeichen: 0

contact information:
Town:

CALGARY, ALBERTA



Kategorie:

Oil & Gas



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