Peyto Announces Update on COVID-19 Measures for Its Annual Meeting of Shareholders and Q1 Conference Call Details
May 03 2021 - 6:58PM
Peyto Exploration & Development Corp. ("Peyto" or the
"Company") (TSX:PEY) has scheduled its Annual General Meeting of
Shareholders for 3:00 p.m. on Thursday, May 13, 2021. Peyto was
hopeful that Alberta would be emerging from the COVID-19 pandemic
which would allow for an in-person meeting of its shareholders.
Currently, however, the Public Health Agency of Canada and Alberta
Health Services is strongly advising against indoor gatherings of
any kind. Therefore, considering this advice and in order to reduce
potential risks to the health and safety of its shareholders,
employees and other stakeholders, Peyto is strongly urging
shareholders and others to remain at home and NOT attend the
meeting in person. Attendance in person will be restricted to
essential personnel and registered shareholders and duly appointed
proxyholders and, moreover, may be further restricted to comply
with applicable regulations and protocols regarding public
gatherings. Guests will not be permitted and there will be no
presentation or reception following the formal portion of the
meeting. The Company reserves the right to refuse admission to any
registered shareholders or duly appointed proxyholder seeking to
attend the meeting in person, but whom the Company believes may
pose a health risk or whose admission would violate applicable
public health laws, policies or emergency orders in place at the
time of the meeting. Any registered shareholders and duly appointed
proxyholders who are admitted to the meeting will be asked to
physically distance themselves from others.
Health and safety remain Peyto's highest
priority. The Company will continue to monitor the ongoing COVID-19
pandemic and will be adhering to all federal and provincial
restrictions and recommendations in place regarding public
gatherings.
Shareholders are invited to monitor Peyto's
website at www.peyto.com for any updates and are encouraged to
visit the Peyto website often where there is a wealth of
information designed to inform and educate investors. A monthly
President’s Report can also be found on the website which follows
the progress of the capital program and the ensuing production
growth. A video recording of the AGM presentation by management
will be available by the end of May 2021.
Peyto's first quarter 2021 financial results
will be released on May 12, 2021 and a conference call will be held
with the senior management of Peyto to answer questions with
respect to the Company on Thursday, May 13, 2021, at 9:00 a.m.
Mountain Daylight Time (MDT), or 11:00 a.m. Eastern Daylight Time
(EDT). To participate, please call 1-844-492-6041 (North America)
or 1-478-219-0837 (International). Shareholders and interested
investors are encouraged to ask questions about Peyto and its most
recent results. Questions can be submitted prior to the call at
info@peyto.com. The conference call can also be accessed through
the internet
https://edge.media-server.com/mmc/p/yk2rygg6. The
conference call will be archived on the Peyto Exploration &
Development website at www.peyto.com. Peyto thanks its valued
shareholders for their understanding and cooperation.
For further information please contact:
Darren Gee President and Chief Executive Officer
Phone: (403) 261-6081 Fax: (403) 451-4100
Certain information set forth in this document,
including management's assessment of Peyto's future plans and
operations, contains forward-looking statements. By their nature,
forward-looking statements are subject to numerous risks and
uncertainties, some of which are beyond these parties' control,
including the impact of general economic conditions, industry
conditions, volatility of commodity prices, currency fluctuations,
imprecision of reserve estimates, environmental risks, competition
from other industry participants, the lack of availability of
qualified personnel or management, stock market volatility and
ability to access sufficient capital from internal and external
sources. Readers are cautioned that the assumptions used in the
preparation of such information, although considered reasonable at
the time of preparation, may prove to be imprecise and, as such,
undue reliance should not be placed on forward-looking statements.
Peyto's actual results, performance or achievement could differ
materially from those expressed in, or implied by, these
forward-looking statements and, accordingly, no assurance can be
given that any of the events anticipated by the forward-looking
statements will transpire or occur, or if any of them do so, what
benefits that Peyto will derive therefrom. The Toronto Stock
Exchange has neither approved nor disapproved the information
contained herein.
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