International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce the voting results from the Corporation’s 2022 Annual General Meeting of Shareholders held on May 4, 2022 in Calgary, Alberta.
Number of Directors
The number of Directors of the Corporation was set at six.
|Votes For||% For||Votes Against||% Against|
Election of Directors
The six nominees listed in the Corporation’s management information circular dated March 25, 2022 (the Circular) were elected as Directors of the Corporation to hold office until the next annual meeting of shareholders or until their successors are duly elected or appointed, unless the office is earlier vacated, as described in the Circular.
|Nominee||Votes For||% For||Votes Withheld||% Withheld|
|C. Ashley Heppenstall||72,654,899||97.88||1,570,067||2.12|
|Donald K. Charter||71,955,482||96.94||2,269,484||3.06|
|Lukas H. (Harry) Lundin||73,931,694||99.60||293,272||0.40|
Appointment of Auditor
PricewaterhouseCoopers SA was appointed as auditor of the Corporation until the next annual general meeting of shareholders and the Directors of the Corporation were authorized to fix the auditor’s remuneration.
|Votes For||% For||Votes Withheld||% Withheld|
International Petroleum Corp. (IPC) is an international oil and gas exploration and production company with a high quality portfolio of assets located in Canada, Malaysia and Europe, providing a solid foundation for organic and inorganic growth. IPC is a member of the Lundin Group of Companies. IPC is incorporated in Canada and IPC’s shares are listed on the Toronto Stock Exchange (TSX) and the Nasdaq Stockholm under the symbol "IPCO".
For further information, please contact:
VP Corporate Planning and Investor Relations
Tel: +41 22 595 10 50
| ||Robert Eriksson|
Tel: +46 701 11 26 15
This press release contains statements and information which constitute "forward-looking statements" or "forward-looking information" (within the meaning of applicable securities legislation). Such statements and information (together, "forward-looking statements") relate to future events, including the Corporation's future performance, business prospects or opportunities. Actual results may differ materially from those expressed or implied by forward-looking statements. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement. Forward-looking statements speak only as of the date of this press release, unless otherwise indicated. IPC does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by applicable laws.
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