(JEC) TSX
CALGARY, March 14 /CNW/ - Jura Energy Corporation ("Jura" or the "Corporation") announced today that its Annual and Special Meeting of Shareholders was held this morning in Calgary. Stephen Akerfeldt, Timothy Elliott, Graham Garner, Norman Holton, Nigel McCue, Murray Sinclair and Peter Whitbread were re-elected as directors. Robert Cudney, a director of the Corporation since February 2005, did not stand for re-election due to other commitments. The Board would like to thank Mr. Cudney for his excellent service to the Corporation over the past three years.
Directors and management are pleased that resolutions to approve a new Shareholders Rights Plan and to amend the Corporation's By-Laws to set quorum for Board meetings were also approved.
About Jura:
Jura Energy Corporation is an international energy company engaged in the exploration, development and production of petroleum and natural gas properties with activities conducted exclusively in Pakistan. Jura is based in Calgary, Alberta, and listed on the Toronto Stock Exchange trading under the symbol JEC. Jura Energy Corporation conducts its business in Pakistan through its subsidiaries, Frontier Holdings Limited and Pyramid Energy International Inc., as well as through its 50% interest in the Kandra Power Company (Pvt) Limited.
Forward-looking statements: This document contains statements about expected or anticipated future events and financial results that are forward-looking in nature and, as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, the regulatory process and actions, technical issues, new legislation, competitive and general economic factors and conditions, the uncertainties resulting from potential delays or changes in plans, the occurrence of unexpected events, and the Corporation's capability to execute and implement its future plans. Actual results may differ materially from those projected by management. For such statements, we claim the safe harbour for forward-looking statements within the meaning of the Private Securities Legislation Reform Act of 1995.
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