Pine Cliff Announces Results of Shareholders' Meeting

Source: www.gulfoilandgas.com 5/16/2023, Location: North America

Pine Cliff Energy Ltd. is pleased to announce all matters presented for approval at the Annual Meeting of the Shareholders on May 16, 2023 (the "Meeting") have been approved. A total of 133,728,421 common shares representing 38.03% of Pine Cliff's issued and outstanding common shares were voted in connection with the Meeting.

Each of the five nominees proposed by Pine Cliff and as set out in the Information Circular - Proxy Statement provided to shareholders in connection with the Meeting were duly elected as directors. Each of the nominees was elected as shown below:

Deloitte LLP, Chartered Accountants, were appointed auditors of the Company for the ensuing year and the Board of Directors of Pine Cliff (the "Board") were authorized to fix their remuneration. The complete report on the voting results for the Meeting is available under the Company's profile at www.sedar.com.

The Board has approved an annual stock option grant of an aggregate of 9,386,180 stock options to its directors, officers and employees. The stock options vest between one to three years, have an exercise price of $1.30 per share and will expire between May 16, 2025, and May 16, 2027.

Mr. William R. Rice has been appointed Chairman of the Board, following the decision by Mr. George Fink not to stand for re-election. The Board would like to thank Mr. Fink for his dedication and service to Pine Cliff and wish him continued success and enjoyment in his retirement.


Bermuda >>  11/12/2024 - Flex LNG Ltd. ("Flex LNG" or the "Company") today announced its unaudited financial results for the nine months ended September 30, 2024.

H...

Bermuda >>  11/12/2024 - Key information relating to the cash distribution to be paid by Flex LNG Ltd. ("Company") for the third quarter 2024. The distribution will be made fr...

Bermuda >>  11/12/2024 - Reference is made to the third quarter 2024 report released on November 12, 2024. Golar LNG Limited (“Golar”), NASDAQ ticker: GLNG, has declared a tot...
Canada >>  11/12/2024 - Next Hydrogen Solutions Inc. (the “Company” or “Next Hydrogen”) (TSXV:NXH, OTC:NXHSF), a designer and manufacturer of electrolyzers, is pleased to ann...

Canada >>  11/12/2024 -  Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium company, toda...
Ireland >>  11/12/2024 - Greencore Group plc, ("Greencore" or the "Company") announces that on 11 November 2024 it purchased, for cancellation, the following number of ordinar...




Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.