Saturn Oil & Gas Inc. Announces Voting Results of AGM
Saturn Oil & Gas Inc. (OILSF) held its Annual General Meeting on May 22, 2025, with a strong shareholder turnout of 74.12% of total outstanding shares (145,965,898 common shares). Shareholders approved all proposed matters, including fixing the number of directors at eight with 97.43% approval. All eight director nominees were successfully elected, with S. Janet Yang and Andrew Claugus receiving the highest approval rates at 99.83% and 99.88% respectively. Christopher Ryan and Grant MacKenzie received lower but sufficient approval rates of 64.63% and 69.94%. Shareholders also approved the appointment of KPMG LLP as the company's auditor with 99.99% support.
Saturn Oil & Gas Inc. (OILSF) ha tenuto la sua Assemblea Generale Annuale il 22 maggio 2025, con una forte partecipazione degli azionisti pari al 74,12% delle azioni ordinarie totali in circolazione (145.965.898 azioni). Gli azionisti hanno approvato tutte le questioni proposte, incluso il numero di direttori fissato a otto con il 97,43% di approvazione. Tutti e otto i candidati al consiglio sono stati eletti con successo, con S. Janet Yang e Andrew Claugus che hanno ottenuto i tassi di approvazione più alti, rispettivamente del 99,83% e 99,88%. Christopher Ryan e Grant MacKenzie hanno ricevuto tassi di approvazione più bassi ma comunque sufficienti, pari al 64,63% e 69,94%. Gli azionisti hanno inoltre approvato la nomina di KPMG LLP come revisore contabile della società con il 99,99% di supporto.
Saturn Oil & Gas Inc. (OILSF) celebró su Junta General Anual el 22 de mayo de 2025, con una fuerte participación de accionistas del 74,12% del total de acciones ordinarias en circulación (145.965.898 acciones). Los accionistas aprobaron todos los asuntos propuestos, incluyendo fijar el número de directores en ocho con un 97,43% de aprobación. Los ocho candidatos a director fueron elegidos exitosamente, con S. Janet Yang y Andrew Claugus recibiendo las tasas de aprobación más altas, del 99,83% y 99,88% respectivamente. Christopher Ryan y Grant MacKenzie recibieron tasas de aprobación más bajas pero suficientes, del 64,63% y 69,94%. Los accionistas también aprobaron el nombramiento de KPMG LLP como auditor de la compañía con un 99,99% de apoyo.
Saturn Oil & Gas Inc. (OILSF)는 2025년 5월 22일에 연례 주주총회를 개최했으며, 총 발행 보통주(145,965,898주)의 74.12%에 달하는 주주들이 참석했습니다. 주주들은 이사 수를 8명으로 고정하는 안건을 포함해 모든 제안 사항을 승인했으며, 이 안건은 97.43%의 찬성률을 기록했습니다. 8명의 이사 후보 모두 성공적으로 선출되었으며, S. Janet Yang과 Andrew Claugus가 각각 99.83%와 99.88%의 가장 높은 찬성률을 받았습니다. Christopher Ryan과 Grant MacKenzie는 각각 64.63%와 69.94%로 낮지만 충분한 찬성률을 받았습니다. 주주들은 또한 KPMG LLP를 회사 감사인으로 선임하는 안건을 99.99%의 지지율로 승인했습니다.
Saturn Oil & Gas Inc. (OILSF) a tenu son Assemblée Générale Annuelle le 22 mai 2025, avec une forte participation des actionnaires représentant 74,12 % des actions ordinaires en circulation (145 965 898 actions). Les actionnaires ont approuvé toutes les propositions, y compris la fixation du nombre d’administrateurs à huit, avec un taux d’approbation de 97,43 %. Les huit candidats au conseil d’administration ont été élus avec succès, S. Janet Yang et Andrew Claugus obtenant les taux d’approbation les plus élevés, respectivement 99,83 % et 99,88 %. Christopher Ryan et Grant MacKenzie ont reçu des taux d’approbation plus faibles mais suffisants, de 64,63 % et 69,94 %. Les actionnaires ont également approuvé la nomination de KPMG LLP en tant qu’auditeur de la société avec un soutien de 99,99 %.
Saturn Oil & Gas Inc. (OILSF) hielt am 22. Mai 2025 seine Jahreshauptversammlung ab, bei der eine starke Aktionärsbeteiligung von 74,12 % der insgesamt ausstehenden Stammaktien (145.965.898 Aktien) verzeichnet wurde. Die Aktionäre stimmten allen vorgeschlagenen Punkten zu, darunter die Festlegung der Anzahl der Direktoren auf acht mit einer Zustimmung von 97,43 %. Alle acht Direktoren-Kandidaten wurden erfolgreich gewählt, wobei S. Janet Yang und Andrew Claugus mit 99,83 % bzw. 99,88 % die höchsten Zustimmungsraten erhielten. Christopher Ryan und Grant MacKenzie erhielten niedrigere, aber ausreichende Zustimmungsraten von 64,63 % bzw. 69,94 %. Die Aktionäre genehmigten außerdem die Ernennung von KPMG LLP als Wirtschaftsprüfer des Unternehmens mit 99,99 % Unterstützung.
- None.
- None.
Calgary, Alberta--(Newsfile Corp. - May 22, 2025) - Saturn Oil & Gas Inc. (TSX: SOIL) (OTCQX: OILSF) ("Saturn" or the "Company"), a light oil-weighted producer focused on unlocking value through the development of our assets in Saskatchewan and Alberta, is pleased to announce the voting results of our Annual General Meeting of shareholders (the "Meeting") held on May 22, 2025.
Saturn is pleased to report that that all matters presented at the Meeting were approved. A total of 145,965,898 common shares representing
At the Meeting, the number of directors to be elected to the Board was fixed at eight (8), with
| Name of Nominee | Votes For | Percentage of Votes |
| John Jeffrey | 120,171,104 | |
| Ivan Bergerman | 120,204,160 | |
| Murray (Jim) Payne | 126,177,711 | |
| Christopher Ryan | 83,780,361 | |
| Grant MacKenzie | 90,654,706 | |
| Thomas Gutschlag | 119,211,421 | |
| S. Janet Yang | 129,408,884 | |
| Andrew Claugus | 129,474,793 |
All other matters considered at the Meeting were approved by the shareholders, including the appointment of KPMG LLP as the auditor of the Company (
The full text of each resolution and biography of the director nominees is set forth in the Management Information Circular of the Company dated April 11, 2025, available on Saturn's profile at www.sedarplus.ca.
ABOUT SATURN OIL & GAS INC.
Saturn is a returns-driven Canadian energy company focused on the efficient and innovative development of high-quality, light oil weighted assets, supported by an acquisition strategy targeting accretive and complementary opportunities. The Company's portfolio of free-cash flowing, low-decline operated assets in Saskatchewan and Alberta provide a deep inventory of long-term economic drilling opportunities across multiple zones. With an unwavering commitment to building an entrepreneurial and ESG-focused culture, Saturn's goal is to increase per share reserves, production and cash flow at an attractive return on invested capital. The Company's shares are listed for trading on the TSX under ticker 'SOIL' and on the OTCQX under the ticker 'OILSF'. Further information and our corporate presentation are available on Saturn's website at www.saturnoil.com.
INVESTOR & MEDIA CONTACTS
John Jeffrey, MBA – Chief Executive Officer
Tel: +1 (587) 392-7900
www.saturnoil.com
Cindy Gray, MBA – VP Investor Relations
Tel: +1 (587) 392-7900
info@saturnoil.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/253095
FAQ
What was the voter turnout at Saturn Oil & Gas (OILSF) 2025 AGM?
Who were the most approved directors at Saturn Oil & Gas (OILSF) 2025 board election?
Which directors received the lowest approval rates at Saturn Oil & Gas's 2025 AGM?
Who was appointed as Saturn Oil & Gas (OILSF) auditor for 2025?
