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CALGARY, May 14, 2015 /CNW/ – TORC Oil & Gas Ltd. (“TORC” or the “Company”) (TSX:TOG) announces that the following matters were voted upon at the annual meeting of the shareholders of TORC held on May 14, 2015 in Calgary, Alberta. Each of the matters is described in greater detail in the Notice of Annual Meeting of Shareholders and Information Circular dated March 31, 2015 (the “Circular”).
1. Fixing the Number of Directors
By resolution passed via ballot, the number of directors of TORC to be elected at the meeting was fixed at eight. The results of the ballot were as follows:
|
Votes For |
Votes Against |
|||||||
|
# |
% |
# |
% |
|||||
|
68,664,935 |
99.98 |
13,236 |
0.02 |
|||||
2. Election of Directors
By resolution passed via ballot, the following eight nominees were appointed as directors of the Company to serve until the next annual meeting of shareholders of the Company, or until their successors are elected or appointed. The results of the ballot were as follows:
|
Votes For |
Votes Withheld |
|||||||
|
Nominee |
# |
% |
# |
% |
||||
|
David Johnson |
67,024,702 |
97.59 |
1,653,469 |
2.41 |
||||
|
John Brussa |
57,367,620 |
83.53 |
11,310,551 |
16.47 |
||||
|
Raymond Chan |
68,113,973 |
99.18 |
564,198 |
0.82 |
||||
|
M. Bruce Chernoff |
65,391,548 |
95.21 |
3,286,623 |
4.79 |
||||
|
Brett Herman |
68,331,273 |
99.49 |
346,898 |
0.51 |
||||
|
R. Scott Lawrence |
66,393,688 |
96.67 |
2,284,483 |
3.33 |
||||
|
Dale Shwed |
66,827,200 |
97.30 |
1,850,971 |
2.70 |
||||
|
Hank Swartout |
68,448,939 |
99.67 |
229,232 |
0.33 |
||||
3. Appointment of Auditors
By resolution passed via ballot, KPMG LLP, Chartered Accountants, were appointed as auditors of the Company to hold office until the next annual meeting or until their successors are duly appointed, and the directors were authorized to fix their remuneration. The results of the ballot were as follows:
|
Votes For |
Votes Withheld |
|||||||
|
# |
% |
# |
% |
|||||
|
68,664,175 |
99.98 |
13,996 |
0.02 |
|||||
TORC Oil & Gas Ltd. is a Calgary based company active in the acquisition, exploration, development and production of crude oil and natural gas in Western Canada.
SOURCE TORC Oil & Gas Ltd.
For further information: TORC Oil & Gas Ltd., Brett Herman, President and Chief Executive Officer, Telephone: (403) 930-4120, Facsimile: (403) 930-4159; TORC Oil & Gas Ltd., Jason J. Zabinsky, Vice President, Finance and Chief Financial Officer, Telephone: (403) 930-4120, Facsimile: (403) 930-4159; www.torcoil.com