CALGARY,
AB, May 8, 2024 /CNW/ - Tamarack Valley
Energy Ltd. ("Tamarack" or the "Corporation") is
pleased to announce that all resolutions presented for approval at
the annual general meeting of shareholders (the "Meeting"),
held on May 8, 2024, were duly
passed. 188,486,673 common shares, representing 34.09% of
Tamarack's 553,011,461 issued and outstanding common shares, were
represented at the Meeting.
The following individuals, being the seven nominees listed in
the management information circular of the Corporation dated
March 22, 2024, were elected as
directors of Tamarack to hold office until the next annual meeting
of shareholders or until their successors are duly elected or
appointed, unless such office is vacated earlier in accordance with
Tamarack's articles or by-laws. Results of the vote are as
follows:
|
Name of
Nominee
|
|
Votes For
(%)
|
|
|
John Rooney
|
|
172,645,661
(97.52 %)
|
|
|
Caralyn
Bennett
|
|
173,295,383
(97.88 %)
|
|
|
Shannon
Joseph
|
|
175,242,127
(98.98 %)
|
|
|
John Leach
|
|
175,568,836
(99.17 %)
|
|
|
Marnie Smith
|
|
174,403,236
(98.51 %)
|
|
|
Robert
Spitzer
|
|
165,162,182
(93.29 %)
|
|
|
Brian
Schmidt
|
|
175,639,834
(99.21 %)
|
|
KPMG LLP was appointed as auditors of the Corporation until the
next annual meeting, and the directors were authorized to fix their
remuneration. Results of the vote are as
follows:
|
Votes For
(%)
|
|
179,029,897
(94.98 %)
|
The grant of unallocated restricted share units and performance
share units issuable under Tamarack's performance and restricted
share unit plan until May 8, 2027 was
approved at the Meeting, pursuant to the requirements of the
Toronto Stock Exchange. Results of the vote are as
follows:
|
Votes For
(%)
|
|
170,883,692
(96.52 %)
|
A full report on the voting results is available under
Tamarack's profile on SEDAR+ at www.sedarplus.ca.
About Tamarack Valley Energy
Ltd.
Tamarack is an oil and gas exploration and production company
committed to creating long-term value for its shareholders through
sustainable free funds flow generation, financial stability and the
return of capital. The Corporation has an extensive inventory of
low-risk, oil development drilling locations focused primarily on
Charlie Lake and Clearwater plays in Alberta while also pursuing EOR upside in
these core areas. Operating as a responsible corporate citizen is a
key focus to ensure we deliver on our environmental, social and
governance (ESG) commitments and goals. For more information,
please visit the Corporation's website at
www.tamarackvalley.ca.
SOURCE Tamarack Valley Energy Ltd.