VANCOUVER, June 25, 2018 /CNW/ - ShaMaran Petroleum
Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM)
(Nasdaq Stockholm: SNM) is pleased to report that, at the
Company's Annual General Meeting held today in Vancouver, shareholders received the
consolidated audited financial statements of the Company for the
year ended December 31, 2017 and
approved all the resolutions put forward at the meeting, as
follows: View PDF Version of News Release.
- Appointed PricewaterhouseCoopers SA, as auditor of the Company
for the ensuing year and authorized the directors to fix their
remuneration;
- Fixed the number of directors at five (5);
- Elected Keith Hill, Chris
Bruijnzeels, C. Ashley Heppenstall,
Brian Edgar, and Terry L. Allen as directors for the ensuing
year;
- Approved the Company's incentive stock option plan;
- Approved the Company's Deferred Share Unit Plan; and
- Approved the alteration to the Company's Articles.
OTHER
This information in this release is subject to the disclosure
requirements of ShaMaran Petroleum Corp. under the EU Market Abuse
Regulation. This information was submitted for publication by the
persons below on 10:30 Pacific time
on June 25, 2018.
ABOUT SHAMARAN
ShaMaran Petroleum Corp. is a Kurdistan focused oil development and
exploration company with a 20.1% direct interest in the Atrush oil
discovery. As announced in ShaMaran's June
4, 2018 news release, the Company has signed an agreement
with Marathon Oil KDV B.V. to acquire its 15% interest in the
Atrush Block. The Atrush Block is currently undergoing an appraisal
and development campaign.
ShaMaran is a Canadian oil and gas company listed on the TSX
Venture Exchange and the NASDAQ Stockholm First North Exchange
(Sweden) under the symbol "SNM".
Neither the 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. Pareto Securities AB is the Company's
Certified Advisor on NASDAQ Stockholm First North.
SOURCE ShaMaran Petroleum Corp.