CALGARY,
AB, May 18, 2023 /PRNewswire/ - Frontera
Energy Corporation (TSX: FEC) ("Frontera" or the
"Company") is pleased to announce the results from its 2023
annual 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 March 30, 2023. The
total number of shares represented by shareholders present in
person or by proxy at the Meeting was 60,340,410, representing
approximately 70.83% of Frontera's issued and outstanding common
shares. The directors achieved an average approval vote of 98.79%
from shareholders.
The detailed results of the vote are set out below:
Nominee
|
Outcome of
Vote
|
Voted
|
Voted
(%)
|
Gabriel de
Alba
|
Approved
|
50,977,426 Voted
For
391,591
Withheld
|
99.24%
0.76%
|
Luis F. Alarcon
Mantilla
|
Approved
|
49,375,626 Voted
For
1,993,391
Withheld
|
96.12%
3.88%
|
W. Ellis
Armstrong
|
Approved
|
51,030,403 Voted
For
338,614
Withheld
|
99.34%
0.66%
|
Orlando Cabrales
Segovia
|
Approved
|
50,973,779 Voted
For
395,238
Withheld
|
99.23%
0.77%
|
Russell Ford
|
Approved
|
51,127,981 Voted
For
241,036
Withheld
|
99.53%
0.47%
|
Veronique
Giry
|
Approved
|
51,006,471 Voted
For
362,546
Withheld
|
99.29%
0.71%
|
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"). The current committee membership is set forth
below:
Committee
|
Members
|
Audit
Committee
|
W. Ellis Armstrong
(Chair)
Luis F, Alarcon
Mantilla
Russell Ford
|
CHRC
|
Gabriel de Alba
(Chair)
Veronique
Giry
Russell Ford
|
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 31
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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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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SOURCE Frontera Energy Corporation