North Sea Energy Inc.

North Sea Energy Inc.

June 01, 2016 11:55 ET

North Sea Energy Announces the Results of its Annual and General Meeting of Shareholders

TORONTO, ONTARIO--(Marketwired - June 1, 2016) - North Sea Energy Inc. ("NSE" or the "Company") (TSX VENTURE:NUK) is pleased to announce the results of its Annual and General Meeting of Shareholders ("AGM") held on June 1st, 2016 at its Toronto office.

Results of the AGM Meeting:

Shareholders voted for the re-election of J. Craig Anderson, C. Brent Austin, Larry Leblanc and Ian D. Lambert, as Directors of the Company until the next annual meeting of shareholders.

The shareholders also voted to re-appoint Grant Thornton LLP as the Company's auditor for the ensuing year and authorized the directors to fix the auditors' remuneration.

About North Sea Energy Inc.

The Company, founded in February 2007, is a UK focused oil and gas exploration and appraisal company quoted on the TSX-V. NSE, through its wholly owned subsidiary, North Sea Energy (UK N02) Limited, holds two high impact opportunities in the UK North Sea. These opportunities are the Bagpuss and Blofeld prospects located in blocks 13/24c and 13/25 of the UKCS.

Forward-looking statements

Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "forecast", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information. Forward-looking information is based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information.

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.

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