VANCOUVER, BC, April 20, 2021 /CNW/ - (TSX: AOI)
(Nasdaq-Stockholm: AOI) – Africa Oil Corp. ("Africa
Oil", "AOC" or the "Company") is pleased to report the voting
results from the Company's Annual General and Special Meeting of
Shareholders held today in Vancouver, British Columbia. View PDF version
Election of Directors
Shareholders elected the following seven (7) board members
to serve on the Company's board of directors until the next
annual meeting of shareholders or until their successors are
elected or appointed:
Nominee
|
For
|
%
For
|
Withheld
|
%
Withheld
|
Andrew
Bartlett
|
131,858,907
|
99.79%
|
275,650
|
0.21%
|
John Craig
|
131,575,255
|
99.58%
|
559,302
|
0.42%
|
Ian Gibbs
|
131,881,335
|
99.81%
|
253,222
|
0.19%
|
Gary
Guidry
|
131,462,067
|
99.49%
|
672,490
|
0.51%
|
Keith Hill
|
131,599,827
|
99.60%
|
534,730
|
0.40%
|
Erin
Johnston
|
131,674,580
|
99.65%
|
459,977
|
0.35%
|
Kimberley
Wood
|
131,992,106
|
99.89%
|
142,451
|
0.11%
|
Appointment of Auditors
PricewaterhouseCoopers LLP was reappointed as the Company's
auditors for the upcoming year, with 99.90% shares represented at
the meeting voting in favour. Shareholders also authorized the
directors of the Company to fix the remuneration of the
auditor.
Advisory Resolution on Executive Compensation
Management's approach to executive compensation (Say on Pay), as
disclosed in the Company's management information circular
dated March 26, 2021, was approved with 99.40% shares
represented at the meeting voting in favour.
About Africa Oil
Africa Oil Corp. is a Canadian oil and gas company with
producing and development assets in deepwater Nigeria; development assets in Kenya; and an exploration/appraisal portfolio
in Africa and Guyana. The Company is listed on the Toronto
Stock Exchange and on Nasdaq Stockholm under the symbol "AOI".
Additional Information
This information is information that Africa Oil is obliged to
make public pursuant to the EU Market Abuse Regulation. The
information was submitted for publication, through the agency
of the contact persons set out above, at 5:30 p.m. EDT on April 20,
2021.
SOURCE Africa Oil Corp.