Antrim Energy Inc.
TSX VENTURE : AEN
AIM : AEY

Antrim Energy Inc.

January 02, 2015 21:42 ET

Antrim Announces Revised Shareholder Meeting Results and Director Resignation

CALGARY, ALBERTA--(Marketwired - Jan. 2, 2015) -

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S.

Antrim Energy Inc. ("Antrim" or "the Company") (TSX VENTURE:AEN)(AIM:AEY), an international oil and gas exploration and production company, has been advised by its registrar and transfer agent that as a result of a proxy tabulation error by the registrar and transfer agent, the number of votes cast by the shareholders present or represented by proxy for the election of individual directors at Antrim's Annual and Special Meeting of Shareholders held on December 12, 2014 (the "Meeting") and as set forth in Antrim's press release dated December 12, 2014 was incorrect. The correct results of the vote for the election of individual directors are as follows:

Nominee Number and Percentage For Number and Percentage Withheld
Stephen E. Greer 52,504,688 (98.39%) 858,250 (1.61%)
Gerry Orbell 11,219,988 (21.03%) 42,142,950 (78.97%)
Jim Perry 52,710,188 (98.78%) 652,750 (1.22%)
Jay Zammit 52,819,788 (98.98%) 543,150 (1.02%)
Erik Mielke 52,820,188 (98.98%) 542,750 (1.02%)

No errors were reported with respect to the other proposals presented at the Meeting.

Based on the corrected voting results, Dr. Gerry Orbell received more votes withheld than votes in favour of his re-election as a director. Accordingly, the Company's Board asked Dr. Orbell to submit his resignation as a director of the Company in accordance with the Company's majority voting policy for directors. Dr. Orbell's resignation was effective December 31, 2014.

The Board of Directors would like to thank Dr. Orbell for his years of service as Chairman and as a director of the Company.

Contact Information

  • Antrim Energy Inc.
    Anthony Potter
    President, Chief Executive Officer & Chief Financial Officer
    + 1 403 264 5111
    potter@antrimenergy.com

    Nominated Advisor
    RFC Ambrian Limited
    James Biddle
    +44 (0) 20 3440 6800