CALGARY, Alberta – Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) announces that all matters presented for approval at the Annual General and Special Meeting of Shareholders held May 5, 2021 have been fully authorized and approved. The items on the agenda included fixing the number of directors to be elected at seven, electing seven proposed director nominees, appointment of Ernst & Young LLP as auditors, approval of the amendment and reconfirmation of the Company’s shareholder rights plan and approval of the omnibus long term incentive plan.
The results of the voting, inclusive of all votes cast and proxies received for each director nominee, which was conducted by ballot, are as follows:
Nominee | Votes For | Votes Withheld | ||
No. | % | No. | % | |
Ronald Eckhardt | 100,792,424 | 97.6 | 2,494,054 | 2.4 |
Bryan Begley | 100,368,401 | 97.2 | 2,918,077 | 2.8 |
Robert Broen | 100,117,343 | 96.9 | 3,169,135 | 3.1 |
Anne Downey | 100,459,902 | 97.3 | 2,826,576 | 2.7 |
Thomas Ebbern | 100,270,401 | 97.1 | 3,016,077 | 2.9 |
Carlos Fierro | 100,270,401 | 97.1 | 3,016,077 | 2.9 |
John Festival | 101,045,139 | 97.8 | 2,241,339 | 2.2 |