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New Zealand Energy Corp: Results of 2015 Annual General Meeting of Shareholders
WELLINGTON, NEW ZEALAND / ACCESSWIRE / June 16, 2015 / New Zealand Energy Corp. (TSX VENTURE...
About this update from New Zealand Energy Corp.
[{"type":"text","content":"New Zealand Energy Corp: Results of 2015 Annual General Meeting of ShareholdersWELLINGTON, NEW ZEALAND / ACCESSWIRE / June 16, 2015 / New Zealand Energy Corp. (TSX VENTURE: NZ) (OTCQX: NZERF) (\"NZEC\" or the \"Company\") advises that the Annual General Meeting of shareholders was held in Wellington, New Zealand yesterday (Tuesday June 16, 2015 NZT).\nA total of 101,554,323 common shares representing approximately 44% of the total issued and outstanding common shares were voted at the meeting.\nEach of the nominees proposed by management was elected as a director of the Company to hold office until the next annual general meeting, or until successors are elected or appointed:\n\n \n \n Nominee \n Position \n Percentage of Votes for \n \n \n James Willis \n Chairman \n 99.89% \n \n \n Mark Dunphy \n Director \n 99.55% \n \n \n Dr. David Llewellyn \n Director \n 99.88% \n \n \n \n \n \n \n \n\nShareholders voted in favour of all items of business put forth at the meeting, as outlined below: \n\n \n \n Motion \n Percentage of Votes for \n \n \n To appoint PricewaterhouseCoopers as Auditors of the Company \n 98.50% \n \n \n To approve the Company's Amended 2011 Stock Option Plan \n 98.90% \n \n \n To approve Geoservices Limited becoming a new Control Person of the Company * \n 97.88% \n \n \n *No Shares held by Geoservices Limited were voted with regard to this motion. \n \n \n \n \n \n \n \n\nAs foreshadowed in the Company's announcement on 23 March 2015, the former Chairman, Mr John Greig, retired as a director at the Annual General Meeting. The Board wishes to extend their thanks and appreciation to Mr Greig for his services to the Company. Mr Greig has devoted a considerable amount of time and effort to the activities of the Company since the commencement of operations of the Company in April 2010. \nThe annual general meeting also saw the retirement of Mr John Proust as a director. Mr Proust was the founder of the Company and served as the Company's chief executive from commencement of the Company's operations in 2010 until December 2014. As a result of his efforts, the Company now has a portfolio of prospective acreage in the heartland of New Zealand's onshore Taranaki Basin – the only producing hydrocarbon basin in New Zealand. The current board extends their thanks and appreciation to Mr Proust. \nThe occasion of the ...