ClearStream Announces Voting Results from Shareholders’ Meeting
June 18 2021 - 1:10PM
ClearStream Energy Services Inc. (“ClearStream”) (TSX: CSM) is
pleased to announce that all matters presented for approval at its
annual and special meeting (the "Meeting") of holders of common
shares ("Common Shares") held earlier today were approved. A total
of 28,825,958 Common Shares, representing approximately 26% of
the issued and outstanding Common Shares, were represented at the
Meeting.
All of the nominees listed in ClearStream's
management information circular dated May 6, 2021 (the "Information
Circular") were elected as directors of ClearStream to hold office
until the next annual meeting of shareholders or until their
successors are elected or appointed. The results of the vote
were:
|
|
Votes For |
|
Votes Withheld |
Nominee |
|
# |
|
% |
|
# |
|
% |
Jordan L. Bitove |
|
28,231,225 |
|
99.53 |
|
134,209 |
|
0.47 |
Herbert Fraser Clarke |
|
28,231,025 |
|
99.53 |
|
134,409 |
|
0.47 |
Karl Johannson |
|
27,778,272 |
|
97.93 |
|
587,162 |
|
2.07 |
Dean T. MacDonald |
|
28,051,691 |
|
98.89 |
|
313,743 |
|
1.11 |
Sean D. McMaster |
|
28,028,226 |
|
98.81 |
|
337,208 |
|
1.19 |
Yves Paletta |
|
28,256,890 |
|
99.62 |
|
108,544 |
|
0.38 |
Ernst & Young LLP was appointed as
ClearStream’s auditor until the next annual meeting of
shareholders, and the directors were authorized to fix their
remuneration. The result of the vote was:
Votes For |
|
Votes Withheld |
# |
|
% |
|
# |
|
% |
28,472,750 |
|
99.98 |
|
6,504 |
|
0.02 |
The continuance of ClearStream out of the
jurisdiction of Ontario under the Business Corporations Act
(Ontario) and into the jurisdiction of Alberta under the Business
Corporations Act (Alberta) and the adoption by ClearStream of
by-laws that are compliant with the Business Corporations Act
(Alberta), as more particularly described in the Information
Circular under “Particulars of the Matters to be Acted Upon –
Continuance of the Corporation from Ontario to Alberta”, was
approved. The result of the vote was:
Votes For |
|
Votes Against |
# |
|
% |
|
# |
|
% |
28,355,274 |
|
99.96 |
|
10,160 |
|
0.04 |
About
ClearStream Energy
Services Inc.
With a legacy of excellence and experience
stretching back more than 50 years, ClearStream provides solutions
to the Energy and Industrial markets including: Oil & Gas,
Petrochemical, Mining, Power, Agriculture, Forestry, Infrastructure
and Water Treatment. With offices strategically located across
Canada and a dedicated workforce, we provide maintenance,
construction and environmental services that keep our clients
moving forward. For more information about ClearStream, please
visit www.clearstreamenergy.ca or contact:
Randy WattChief
Financial OfficerClearStream Energy Services Inc.(587)
318-0997rwatt@clearstreamenergy.ca |
Yves
PalettaChief Executive OfficerClearStream Energy Services
Inc.(587) 318-0997ypaletta@clearstreamenergy.ca |
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