Pulse Seismic Inc.
TSX : PSD
OTCQX : PLSDF

Pulse Seismic Inc.

May 23, 2013 11:37 ET

Pulse Seismic Inc.: Voting Results at Shareholders' Annual and Special Meeting and Appointment of New Chair

CALGARY, ALBERTA--(Marketwired - May 23, 2013) - Pulse Seismic Inc. (TSX:PSD)(OTCQX:PLSDF) ("Pulse" or the "Company") has released the results of the votes at its May 22, 2013 annual and special shareholders meeting.

Each of the nominee directors listed in the Company's management proxy circular dated April 12, 2013 was elected as a director, with a vote being conducted by ballot:

Name of Nominee Vote for % Withhold vote %
Peter Burnham 31,998,473 98.62 449,127 1.38
Daphne Corbett 32,314,023 99.59 133,577 0.41
Brent Gale 32,121,793 99.00 325,807 1.00
Robert Robotti 31,658,790 97.57 788,810 2.43
Graham Weir 32,285,027 99.50 162,573 0.50
Clark Zentner 32,009,973 98.65 437,627 1.35

Pulse also announces that the renewal of its Shareholder Rights Plan and the adoption of its Advance Notice Bylaw were also approved by the shareholders.

APPOINTMENT OF CHAIR

The Board of Directors announces that Mr. Robert Robotti has been appointed Chair of the Board of Pulse. Mr. Robotti has been an independent director of the Company since 2007. Mr. Robotti succeeds Mr. Graham Weir who has stepped down from the position after 5-1/2 years. Mr. Weir remains an independent director of the Company.

Mr. Robotti stated, "On behalf of the other board members I would like thank Graham for his tireless efforts as Pulse's Chair. Graham's leadership and expertise successfully navigated Pulse during a period of an economic downturn and volatile commodity environments, and at the same time significantly expanded the seismic data library through opportunistic acquisitions. Pulse is now positioned as the premier seismic data library company in Canada. I am very excited to be involved with Pulse, both our board members and management team are first-rate, and we will continue to focus on our primary goal of creating long-term shareholder value."

CORPORATE PROFILE

Pulse is a market leader in the acquisition, marketing and licensing of 2D and 3D seismic data to the western Canadian energy sector. Pulse owns the second-largest licensable seismic data library in Canada, currently consisting of approximately 28,300 net square kilometres of 3D seismic and 340,000 net kilometres of 2D seismic. The library extensively covers the Western Canada Sedimentary Basin where most of Canada's oil and natural gas exploration and development occur.

Contact Information