Business
Horizon Petroleum Announces Results of 2022 Annual General and Special Meeting and Introduces New Board and Management
Calgary, Alberta--(Newsfile Corp. - November 9, 2022) - Horizon Petroleum Ltd.  (TSXV: ...
About this update from Horizon Petroleum Ltd.
[{"type":"text","content":"Horizon Petroleum Announces Results of 2022 Annual General and Special Meeting and Introduces New Board and ManagementCalgary, Alberta--(Newsfile Corp. - November 9, 2022) - Horizon Petroleum Ltd. (TSXV: HPL.H) (the \"Company\" or \"Horizon\") is pleased to announce the results of the Annual General and Special Meeting of shareholders (\"AGM\") held on November 7, 2022 and to introduce new members of the board of directors and management.David Winter, CEO of Horizon, comments: \"I am pleased to introduce the new Board members and management team to shareholders and look forward to working with them to build a profitable natural gas focused energy business in Poland and Europe. The team brings a great deal of international financial, operating and business experience gained in Europe and around the world.\"The four (4) nominees listed below were elected to serve as a directors of the Company until the next Annual General Meeting or until their successors are duly elected or appointed subject to the Business Corporations Act (Alberta) and the by-laws of the Company. The detailed results of the vote for all motions presented at the AGM are set out below: To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/4663/143562_e6125ba14493b855_002full.jpgAs noted in the table above, the appointment of McGovern Hurley LLP as the Company's independent auditors was approved along with fixing the number of directors of the Company at four and the Company's 10% rolling stock option plan.Mr. Yogeshwar Sharma and Mr. Henry Wilson did not stand for re-election at the meeting. Mr. Sharma was a co-founder of the Company, and Mr. Wilson has served as a Director since 2017. David Winter, CEO of Horizon, on behalf of shareholders, stated:\"I would like to thank them both for their service to Horizon and its shareholders and for providing their guidance and advice to management as we have steered the Company through a difficult period over the last several years for the Company and the industry as a whole.I would like to welcome Mr. Tan Shern Liang and Mr. Roger McMechan to the Board and Roger to the executive team. They both bring indispensable and extensive international, financial and operating experience and expertise in their fields to the Company as we continue to rebuild the company into a natur...