U.S. markets closed
  • S&P 500

    3,825.33
    +39.95 (+1.06%)
     
  • Dow 30

    31,097.26
    +321.83 (+1.05%)
     
  • Nasdaq

    11,127.84
    +99.11 (+0.90%)
     
  • Russell 2000

    1,727.76
    +19.77 (+1.16%)
     
  • Crude Oil

    108.46
    +2.70 (+2.55%)
     
  • Gold

    1,812.90
    +5.60 (+0.31%)
     
  • Silver

    19.85
    -0.50 (-2.44%)
     
  • EUR/USD

    1.0426
    -0.0057 (-0.54%)
     
  • 10-Yr Bond

    2.8890
    -0.0830 (-2.79%)
     
  • GBP/USD

    1.2103
    -0.0072 (-0.59%)
     
  • USD/JPY

    135.1750
    -0.5530 (-0.41%)
     
  • BTC-USD

    19,110.82
    -107.05 (-0.56%)
     
  • CMC Crypto 200

    420.84
    +0.70 (+0.17%)
     
  • FTSE 100

    7,168.65
    -0.63 (-0.01%)
     
  • Nikkei 225

    25,935.62
    -457.42 (-1.73%)
     

CES ENERGY SOLUTIONS CORP. ANNOUNCES VOTING RESULTS OF THE ELECTION OF DIRECTORS AND DECLARES CASH DIVIDEND

  • Oops!
    Something went wrong.
    Please try again later.
·2 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

TORONTO, June 21, 2022 /CNW/ - CES Energy Solutions Corp.  ("CES" or the "Company") (TSX: CEU) (OTC: CESDF) is pleased to announce the results of the matters to be voted on at the annual general and special meeting of shareholders held on June 21, 2022 (the "Meeting").  Based on the proxies received and on a ballot conducted at the Meeting, the following individuals, being the eight nominees listed in the management information circular of the Company dated May 12, 2022 (the "Circular"), were elected as directors of the Company until the next annual shareholders' meeting:

CES Energy Solutions Corp. (CNW Group/CES Energy Solutions Corp.)
CES Energy Solutions Corp. (CNW Group/CES Energy Solutions Corp.)

Name of Nominee


Votes cast FOR


% of votes cast FOR


Votes cast WITHHELD


% of votes cast WITHHELD

Philip J. Scherman


153,662,317


99,42 %


893,676


0.58 %

Spencer D. Armour III


150,851,388


97.60 %


3,704,605


2.40 %

Stella Cosby


138,737,535


89.77 %


15,818,458


10.23 %

Ian Hardacre


154,336,903


99.86 %


219,090


0.14 %

John M. Hooks


137,852,734


89.19 %


16,703,259


10.81 %

Kyle D. Kitagawa


153,498,298


99.32 %


1,057,695


0.68 %

Joseph Wright


153,964,390


99.62 %


591,603


0.38 %

Kenneth E. Zinger


153,107,904


99.06 %


1,448,089


0.94 %


All other resolutions provided for in the Circular were duly passed and a report on the voting results has been filed today at www.sedar.com.

Dividend Declared

In addition, CES announces today that it will pay a cash dividend of $0.016 per common share on July 15, 2022 to the shareholders of record at the close of business on June 30, 2022.

About CES Energy Solutions Corp.

CES is a leading provider of technically advanced consumable chemical solutions throughout the lifecycle of the oilfield. This includes solutions at the drill-bit, at the point of completion and stimulation, at the wellhead and pump-jack, and finally through to the pipeline and midstream market. CES' business model is relatively asset light and requires limited re-investment capital to grow. As a result, CES has been able to capitalize on the growing market demand for drilling fluids and production and specialty chemicals in North America while generating free cash flow.

Additional information about CES is available at www.sedar.com or on the Company's website at www.cesenergysolutions.com.

THE TORONTO STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

SOURCE CES Energy Solutions Corp.

Cision
Cision

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2022/21/c9652.html