CALGARY,
AB, May 18, 2022 /CNW/ - Whitecap
Resources Inc. ("Whitecap") (TSX: WCP) is pleased to announce that
all matters presented for approval at the annual and special
meeting of shareholders held today have been fully authorized and
approved. A total of 235,006,578 common shares representing 37.52%
of Whitecap's issued and outstanding common shares were voted in
connection with the meeting.
At the meeting, by ordinary resolution, the number of directors
to be elected at the meeting was fixed at ten. The results of the
ballot were as follows:
Votes For
(Percentage)
|
218,813,900
(94.66%)
|
At the meeting, all of the nominees proposed as directors were
duly elected as directors of Whitecap with a majority of votes cast
by the shareholders present or represented at the meeting as
follows:
Name of Nominee
|
Votes For (Percentage)
|
Mary-Jo E.
Case
|
218,370,235
(94.47%)
|
Grant B.
Fagerheim
|
227,768,217
(98.53%)
|
Gregory S.
Fletcher
|
227,343,581
(98.35%)
|
Daryl H.
Gilbert
|
200,553,758
(86.76%)
|
Chandra A.
Henry
|
228,821,927
(98.99%)
|
Glenn A. McNamara
|
186,735,010
(80.77%)
|
Stephen C.
Nikiforuk
|
225,427,533
(97.52%)
|
Kenneth S.
Stickland
|
215,829,915
(93.37%)
|
Bradley J.
Wall
|
227,047,838
(98.22%)
|
Grant A.
Zawalsky
|
217,232,328
(93.97%)
|
PricewaterhouseCoopers LLP was appointed as auditors of Whitecap
to hold office until the next annual meeting, and the directors
were authorized to fix their remuneration. The results of the
ballot were as follows:
Votes For
(Percentage)
|
233,739,536
(99.47%)
|
At the meeting, an ordinary resolution to approve certain
amendments to Whitecap's award incentive plan and to approve common
shares issuable pursuant to unallocated awards thereunder was
approved. The results of the ballot were as follows:
Votes For
(Percentage)
|
204,197,465
(88.34%)
|
In addition, a non-binding advisory resolution concerning
Whitecap's approach to executive compensation was approved. The
results of the ballot were as follows:
Votes For
(Percentage)
|
219,650,418
(95.02%)
|
About Whitecap
Whitecap Resources Inc. is an oil-weighted growth company that
pays a monthly cash dividend to its shareholders. Our business is
focused on profitable production growth combined with sustainable
dividends to shareholders. Our objective is to fully fund our
capital expenditures and dividend payments within funds flow. For
further information about Whitecap, please visit our website at
www.wcap.ca.
SOURCE Whitecap Resources Inc.