Pulse Seismic Inc. Announces Voting Results at Shareholders' Annual and Special Meeting
Mittwoch, 18.05.2016 19:55 von PR Newswire
Canada NewsWire
CALGARY, May 18, 2016
TSX: PSD
OTCQX: PLSDF
CALGARY, May 18, 2016 /CNW/ - Pulse Seismic Inc. ("Pulse" or the "Company") announced today the voting results from its annual and special meeting held in Calgary, Alberta on May 18, 2016. Each of the nominee directors listed in the Company's management proxy circular dated March 31, 2016 was elected as a director, with a vote being conducted by ballot:
|
Name of Nominee |
Votes For |
% |
Votes Withheld |
% |
|
Peter Burnham |
35,341,083 |
98.67 |
476,979 |
1.33 |
|
Daphne Corbett |
35,326,614 |
98.63 |
491,448 |
1.37 |
|
Karen El-Tawil |
35,333,089 |
98.65 |
484,973 |
1.35 |
|
Robert Robotti |
35,332,883 |
98.65 |
485,179 |
1.35 |
|
Clark Zentner |
35,340,289 |
98.67 |
477,773 |
1.33 |
The "Say on Pay" shareholder advisory vote on Pulse's approach to executive compensation was approved by 99.76% of the votes cast, and the renewal of Pulse's Shareholder Rights Plan was approved by 84.45% of the votes cast.
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 28,600 square kilometres of 3D seismic and 447,000 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.
SOURCE Pulse Seismic Inc.