Canacol Energy Ltd. Announces Meeting Results
On June 24, 2022, Canacol Energy Ltd. held its annual general and special meeting in Bogotá, Colombia.
Rhea-AI Summary
On June 24, 2022, Canacol Energy Ltd. held its annual general and special meeting in Bogotá, Colombia. Shareholders re-elected eight members to the Board of Directors, including Charle Gamba and Michael Hibberd, and appointed KPMG LLP as auditors. The omnibus long-term incentive plan was re-approved. Detailed voting results indicated strong support for the board, with Charle Gamba receiving 98.7% approval and Michael Hibberd at 87.2%. Further details are available in the Management Information Circular and Report of Voting Results on SEDAR.
Positive
- Strong shareholder support for the Board of Directors, indicating confidence in leadership.
- KPMG LLP appointed as auditors, suggesting a stable financial oversight.
Negative
- None.
Details
News Market Reaction – CNNEF
In the trading session that priced this news, CNNEF gained 0.50%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
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CALGARY, Alberta, June 24, 2022 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE) (OTCQX:CNNEF) (BVC:CNEC) is pleased to announce that at the annual general and special meeting held in Bogotá, Colombia on June 24, 2022 (the "Meeting") holders of common shares of Canacol: (i) re-elected Charle Gamba, Michael Hibberd, David Winter, Gregory D. Elliott, Francisco Diaz, Juan Argento, Gonzalo Fernández-Tinoco and Ariel Merenstein to the Board of Directors; (ii) appointed KPMG LLP, as Canacol's auditors; and (iii) re-approved the omnibus long-term incentive plan of the Corporation.
The detailed results of the vote for the election of directors held at the Meeting are set out below:
| Nominee | Votes For | % For | Votes Withheld | % Withheld | ||||
| Charle Gamba | 91,249,102 | 98.7 | % | 1,214,972 | 1.3 | % | ||
| Michael Hibberd | 80,583,738 | 87.2 | % | 11,886,136 | 12.9 | % | ||
| David Winter | 80,719,362 | 87.3 | % | 11,750,512 | 12.7 | % | ||
| Gregory D. Elliott | 80,769,740 | 87.3 | % | 11,700,134 | 12.7 | % | ||
| Francisco Diaz | 80,887,656 | 87.5 | % | 11,581,218 | 12.5 | % | ||
| Juan Argento | 80,634,212 | 87.2 | % | 11,835,662 | 12.8 | % | ||
| Gonzalo Fernández-Tinoco | 79,140,789 | 85.6 | % | 13,329,086 | 14.4 | % | ||
| Ariel Merenstein | 90,718,187 | 98.1 | % | 1,764,542 | 1.9 | % | ||
Further disclosure on the matters approved at the Meeting can be found in the Management Information Circular dated May 13, 2022 and the Report of Voting Results for the Meeting each available on SEDAR at www.sedar.com.
About Canacol
Canacol is a natural gas exploration and production company with operations focused in Colombia. The Corporation's common stock trades on the Toronto Stock Exchange, the OTCQX in the United States of America, and the Colombia Stock Exchange under ticker symbol CNE, CNNEF, and CNEC, respectively.
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