VANCOUVER, BC, Nov. 13, 2020 /CNW/ - ShaMaran Petroleum Corp.
("ShaMaran" or the "Company") (TSX VENTURE: SNM) (NASDAQ
FIRST NORTH GROWTH MARKET: SNM) is pleased to report that at
the Company's Annual General Meeting (the "Meeting") held today in
Vancouver, shareholders approved
all of the resolutions put forward at the Meeting, and in doing so:
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- Appointed PricewaterhouseCoopers SA as auditor of the Company
for the ensuing year and authorized the directors to fix
their remuneration;
- Fixed the number of directors at six (6);
- Elected Chris Bruijnzeels, Adel
Chaouch, Terry L. Allen,
Michael Ebsary, Keith C. Hill and William A.W. Lundin
as directors of the Company for the ensuing year;
- Approved the Company's incentive stock option plan;
and
- Approved an amendment to the Company's incentive stock option
plan.
OTHER
The information was submitted for publication, through the
agency of the contact persons set out below, at 1:30 p.m. Eastern Time on November 13, 2020. Pareto Securities AB is
the Company's Certified Advisor on Nasdaq First North Growth
Market, +46 84025000, certifiedadviser.se@paretosec.com.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
ABOUT SHAMARAN
ShaMaran Petroleum Corp. is a Kurdistan focused oil development and
exploration company which holds a 27.6% working interest, through
its wholly-owned subsidiary General Exploration Partners, Inc., in
the Atrush Block.
ShaMaran is a Canadian oil and gas company listed on the TSX
Venture Exchange and the Nasdaq First North Growth Market
(Stockholm) under the symbol
"SNM".
SOURCE ShaMaran Petroleum Corp.