CALGARY, AB, Nov. 23, 2020 /CNW/ - OBSIDIAN ENERGY LTD.
(TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy" or the
"Company") is pleased to announce that at its special
meeting of shareholders held on November 23,
2020, Obsidian Energy's shareholders approved the resolution
outlined in the Notice of 2020 Special Meeting and Management Proxy
Circular dated October 16, 2020 (the
"Information Circular"), which is available on SEDAR at
www.sedar.com, on EDGAR at www.sec.gov, and on Obsidian Energy's
website at www.obsidianenergy.com.
Approval of Issuance Resolution
By resolution passed
by ballot vote, the issuance of up to 72,282,992 common shares of
Obsidian Energy in connection with the Company's exchange offer to
purchase all common shares of Bonterra Energy Corp. was
approved. The results of the ballot were as
follows:
|
Votes
For
|
Percent
|
Votes
Against
|
Percent
|
|
24,305,419
|
91.4%
|
2,276,437
|
8.6%
|
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SOURCE Obsidian Energy Ltd.