Bengal Energy Ltd. Announces Election of Directors

Rhea-AI Summary

Bengal Energy (TSX: BNG) announced the results of its annual general meeting of shareholders held on September 19, 2024, in Calgary, Alberta. Five nominees proposed by management were elected as directors of Bengal. The elected directors are:

• Chayan Chakrabarty: 408,990,223 votes (99.99%)
• Brian J. Moss: 408,939,378 votes (99.98%)
• Barry Herring: 408,945,123 votes (99.98%)
• W.B. (Bill) Wheeler: 404,088,029 votes (98.79%)
• R. Neal Grant: 408,984,478 votes (99.99%)

The nominees were listed in Bengal's information circular proxy statement dated August 12, 2024. The election was conducted by ballot vote, with the results showing overwhelming support for all candidates.

Positive

• High approval rates for all elected directors, with most receiving over 99% of votes
• Successful completion of annual general meeting and director elections

Negative

• None.

Calgary, Alberta--(Newsfile Corp. - September 20, 2024) - Bengal Energy Ltd. (TSX: BNG) ("Bengal") is pleased to announce that the nominees listed in Bengal's information circular  proxy statement dated August 12, 2024, were elected as directors of Bengal at its annual general meeting of shareholders held on September 19, 2024 in Calgary, Alberta.

On a vote by ballot, each of the following five nominees proposed by management was elected as a director of Bengal and the detailed results of such ballot vote are as follows:

Nominee		Votes For		Votes Withheld
Chayan Chakrabarty		408,990,223 (99.99%)		32,900 (0.01%)
Brian J. Moss		408,939,378 (99.98%)		83,745 (0.02%)
Barry Herring		408,945,123 (99.98%)		78,000 (0.02%)
W.B. (Bill) Wheeler		404,088,029 (98.79%)		4,935,094 (1.21%)
R. Neal Grant		408,984,478 (99.99%)		38,645 (0.01%)

 

FOR FURTHER INFORMATION PLEASE CONTACT:
Bengal Energy Ltd.
Chayan Chakrabarty, President & Chief Executive Officer
Jerrad Blanchard, Chief Financial Officer
Phone: (403) 205-2526
Email: investor.relations@bengalenergy.ca
Website: www.bengalenergy.ca

About Bengal
Bengal Energy Ltd. is an international junior oil and gas exploration and production company with assets in Australia. Bengal is committed to growing shareholder value through international exploration, production and acquisitions. Bengal's common shares trade on the TSX under the symbol "BNG". Additional information is available at www.bengalenergy.ca.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/224043

FAQ

When was Bengal Energy's annual general meeting held?

Bengal Energy's annual general meeting was held on September 19, 2024, in Calgary, Alberta.

How many directors were elected to Bengal Energy's board?

Five directors were elected to Bengal Energy's board at the annual general meeting.

What was the voting percentage for Chayan Chakrabarty as a director of Bengal Energy (BNGLF)?

Chayan Chakrabarty received 99.99% of the votes in favor of his election as a director of Bengal Energy.

Which director of Bengal Energy (BNGLF) received the lowest percentage of votes in favor?

W.B. (Bill) Wheeler received the lowest percentage of votes in favor at 98.79%, though still overwhelmingly positive.