VANCOUVER, BC, June 25,
2024 /CNW/ - ShaMaran Petroleum Corp. (TSXV:
SNM) (Nasdaq First North: SNM) ("ShaMaran Petroleum" or the
"Company") held its annual general and special meeting of
shareholders in Vancouver, British
Columbia today, and all resolutions were passed. View
PDF
Shareholders voted as follows on the matters
before the meeting:
Fixing the number of Directors
Shareholders fixed the number of directors at five (5) with
99.78% of shares represented at the meeting voting in favour.
Re-election of Directors
Shareholders elected the following five (5) 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:
|
Director
|
For
|
|
Withheld
|
|
|
|
|
|
|
|
Chris
Bruijnzeels
|
798,084,332
|
99.96 %
|
4,972,741
|
0.04 %
|
|
Garrett
Soden
|
798,101,217
|
99.96 %
|
4,955,826
|
0.04 %
|
|
Michael
Ebsary
|
798,081,110
|
99.96 %
|
4,975,933
|
0.04 %
|
|
Keith
Hill
|
795,243,398
|
99.61 %
|
7,813,645
|
0.39 %
|
|
William
Lundin
|
798,300,091
|
99.99 %
|
4,756,952
|
0.01 %
|
Appointment of Auditors
Shareholders appointed
PricewaterhouseCoopers LLP as auditor of the Company
for the upcoming year
and authorized the directors of the Company
to fix the remuneration of the auditor
with 99.97% of shares represented at the meeting
voting in favour.
Approval of Stock Option Plan
The Company's incentive stock option plan was approved by
shareholders with 98.91% of shares represented at the meeting
voting in favour.
About ShaMaran Petroleum Corp.
ShaMaran is a Canadian independent oil and gas company focused
on the Kurdistan region of
Iraq. The Company indirectly holds
an 18% working interest (22.5% paying interest) in the Sarsang
Block, and, subject to closing the previously announced
transaction, will increase its indirect 27.6% working interest in
the Atrush Block to 50%. The Company is listed in Toronto on the TSX Venture Exchange and in
Stockholm on Nasdaq First North
Growth Market (ticker "SNM"). ShaMaran is part of the Lundin Group
of Companies.
Important Information
ShaMaran is obliged to make this information public pursuant
to the EU Market Abuse Regulation. This information was submitted
for publication through the agency of the contact person set out
below on June 25, 2024, at
5:30 p.m. Eastern Time.
The Company's certified advisor on Nasdaq First North Growth
Market is FNCA Sweden AB.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE ShaMaran Petroleum Corp.