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Whitecap Resources Inc. Announces Results of Shareholders' Meeting

CALGARY, April 28, 2017 /CNW/ - Whitecap Resources Inc. ("Whitecap") (WCP.TO) is pleased to announce that all matters presented for approval at the annual meeting of shareholders held today have been fully authorized and approved. A total of 221,511,313 common shares representing 60.03% 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 seven. The results of the ballot were as follows:

Votes For (Percentage)

220,784,827 (99.67%)

 

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 repres ented at the meeting as follows:

Name of Nominee


Votes For (Percentage)

Grant B. Fagerheim


214,981,193 (97.61%)

Gregory S. Fletcher


204,015,863 (92.63%)

Daryl H. Gilbert


186,785,227 (84.81%)

Glenn A. McNamara


214,337,246 (97.32%)

Stephen C. Nikiforuk


218,979,802 (99.43%)

Kenneth S. Stickland


216,402,925 (98.26%)

Grant A. Zawalsky


205,073,024 (93.11%)

 

In addition, PricewaterhouseCoopers LLP were 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)

212,875,427 (96.32%)

 

About Whitecap
Whitecap Resources Inc. is an oil-weighted growth company that pays a monthly cash dividend to its shareholders. We are focused on profitable per share growth on our existing assets enhanced by opportunistic and accretive oil-based acquisitions. For further information about Whitecap, please visit our website at www.wcap.ca.