Calfrac Announces Voting Results of Election of Directors and Addition of New Board Member
May 09 2023 - 8:43PM
Calfrac Well Services Ltd. (“Calfrac”) (TSX–CFW)
is pleased to announce the voting results of the election of
directors at its annual and special meeting of shareholders held
today. Each of the nominees proposed as a director, including new
nominee Holly A. Benson, were elected as directors to hold office
until the next annual meeting of shareholders, or until their
successors are elected or appointed. Detailed results of the voting
for each nominee are set out below, and the full results on all
matters voted upon at the meeting will be filed on Calfrac’s
profile on SEDAR (www.sedar.com).
“On behalf of the management team and board of
directors, I am very pleased to welcome Holly to Calfrac,” said
Ronald P. Mathison, Chairman. He added, “Holly’s financial
expertise and business experience will add considerable value to
the board of directors as we continue to execute on our strategic
priorities.”
Mrs. Benson is an independent businessperson
with a Chartered Public Accountant designation and the former Vice
President, Finance and Chief Financial Officer of Peters & Co.
Limited, a registered investment dealer, from 1999 to 2020. Mrs.
Benson has her ICD.D designation from the Institute of Corporate
Directors, currently serves as a director of Rubellite Energy Inc.,
a public crude oil exploration and development company, and has
served on various industry committees and boards, including as a
director of the Investment Industry Regulatory Organization of
Canada (IIROC) from 2015 to 2021.
Nominee |
Votes For |
Votes Against |
Number |
% |
Number |
% |
Ronald P. Mathison |
53,671,939 |
88.75% |
6,802,620 |
11.25% |
Douglas R. Ramsay |
54,045,992 |
89.37% |
6,428,567 |
10.63% |
George S. Armoyan |
52,284,784 |
86.46% |
8,189,775 |
13.54% |
Anuroop Duggal |
52,600,469 |
86.98% |
7,874,090 |
13.02% |
Charles Pellerin |
59,280,588 |
98.03% |
1,193,971 |
1.97% |
Pat Powell |
55,141,043 |
91.18% |
5,333,516 |
8.82% |
Chetan Mehta |
60,411,927 |
99.90% |
62,632 |
0.10% |
Holly A. Benson |
59,036,558 |
97.62% |
1,438,001 |
2.38% |
Calfrac’s common shares and warrants are
publicly traded on the Toronto Stock Exchange under the trading
symbols “CFW” and "CFW.WT", respectively. Calfrac provides
specialized oilfield services to exploration and production
companies designed to increase the production of hydrocarbons from
wells with continuing operations in throughout western Canada, the
United States and Argentina. Further information regarding Calfrac
Well Services Ltd., including the most recently filed Annual
Information Form, can be accessed on Calfrac’s website at
www.calfrac.com or under the Company’s public filings found at
www.sedar.com.
For further information on this press release,
please contact:
Pat Powell |
Michael Olinek |
Chief Executive Officer |
Chief Financial Officer |
Telephone: (587) 955-1724 |
Telephone: (403) 234-6673 |
Fax: (403) 508-1342 |
Fax: (403) 508-1342 |
Calfrac Well Services (TSX:CFW)
Historical Stock Chart
From Sep 2024 to Oct 2024
Calfrac Well Services (TSX:CFW)
Historical Stock Chart
From Oct 2023 to Oct 2024