CALGARY,
AB, May 18, 2022 /CNW/ - Frontera Energy
Corporation (TSX: FEC) ("Frontera" or the "Company")
is pleased to announce the results from its 2022 annual and special
meeting of shareholders held today (the "Meeting").
ELECTION OF DIRECTORS
Shareholders elected each of the nominees proposed by management
as set forth in the management information circular of the Company
dated April 5, 2022. The total number
of shares represented by shareholders present in person or by proxy
at the Meeting was 67,884,047, representing approximately 72.14% of
Frontera's issued and outstanding common shares. The directors
achieved an average approval vote of 98.58% from shareholders.
The detailed results of the vote are set out below:
Nominee
|
Outcome of
Vote
|
Voted
|
Voted
(%)
|
Gabriel de
Alba
|
Approved
|
61,848,836
Voted
79,309
Withheld
|
99.87%
0.13%
|
Luis F. Alarcon
Mantilla
|
Approved
|
60,144,613
Voted
1,783,532
Withheld
|
97.12%
2.88%
|
W. Ellis
Armstrong
|
Approved
|
61,593,781
Voted
334,364
Withheld
|
99.46%
0.54%
|
Orlando Cabrales
Segovia
|
Approved
|
61,912,846
Voted
15,299
Withheld
|
99.98%
0.02%
|
Russell Ford
|
Approved
|
61,912,836
Voted
15,309
Withheld
|
99.98%
0.02%
|
Veronique
Giry
|
Approved
|
61,672,155
Voted
255,990
Withheld
|
99.59%
0.41%
|
Rene Burgos
Diaz
|
Approved
|
58,253,378
Voted
3,674,767
Withheld
|
94.07%
5.93%
|
Each of the directors elected at the Meeting will hold office
until the close of the next annual meeting of shareholders of the
Company or until he or she resigns or his or her successor is duly
elected or appointed pursuant to the Articles of the Company.
Detailed voting results for all resolutions considered by
shareholders at the Meeting are contained in the report of voting
results, which is available on SEDAR under the Company's profile at
www.sedar.com.
BOARD AND COMMITTEE MEMBERSHIP
The Company has the following committees: Audit Committee,
Compensation and Human Resources Committee ("CHRC") and
Corporate Governance, Nominating and Sustainability Committee
("CGNSC"). Current committee membership is set forth
below:
Committee
|
Members
|
Audit
Committee
|
W. Ellis Armstrong
(Chair)
Russell Ford
Rene Burgos
Diaz
|
CHRC
|
Gabriel de Alba
(Chair)
Russell Ford
Rene Burgos
Diaz
|
CGNSC
|
Luis F. Alarcon
Mantilla (Chair)
W. Ellis
Armstrong
Veronique
Giry
|
About Frontera
Frontera Energy Corporation is a Canadian public company
involved in the exploration, development, production,
transportation, storage and sale of oil and natural gas in
South America, including related
investments in both upstream and midstream facilities. The Company
has a diversified portfolio of assets with interests in 34
exploration and production blocks in Colombia, Ecuador and Guyana, and pipeline and port facilities in
Colombia. Frontera is committed to
conducting business safely and in a socially, environmentally and
ethically responsible manner.
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Corporate Presentation
See Frontera Energy's corporate presentation at:
https://www.fronteraenergy.ca/reports-presentations/
Social Media
Follow Frontera Energy social media channels at the following
links:
Twitter: https://twitter.com/fronteraenergy?lang=en
Facebook: https://es-la.facebook.com/FronteraEnergy/
LinkedIn: https://co.linkedin.com/company/frontera-energy-corp
.
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content:https://www.prnewswire.com/news-releases/frontera-announces-annual-and-special-meeting-results-301550706.html
SOURCE Frontera Energy Corporation