investors

Painted Pony Announces Results from 2020 Annual General Meeting of Shareholders

05/08/2020

CALGARY, Alberta, May 08, 2020 (GLOBE NEWSWIRE) -- Painted Pony Energy Ltd. ("Painted Pony" or the "Corporation") (TSX: PONY) is pleased to announce the results from the 2020 Annual General and Special Meeting of Shareholders held on May 7, 2020 (the "Meeting").

ELECTION OF DIRECTORS

Shareholders elected each of the nominees proposed by management as set forth in the information circular of the Corporation dated March 20, 2020.  The results of the voting on the election of directors is set forth below.

Director Nominee   Outcome of Vote   Percentage
of Votes For
  Percentage
of Votes Withheld
Kevin D. Angus   Passed   98.82   1.18
Glenn R. Carley   Passed   98.79   1.21
Joan E. Dunne   Passed   99.09   0.91
Nereus L. Joubert   Passed   99.27   0.73
Lynn Kis   Passed   99.08   0.92
Elizabeth G. Spomer   Passed   99.16   0.84
George W. Voneiff   Passed   99.04   0.96
Patrick R. Ward   Passed   99.19   0.81

Each of the directors elected at the meeting will hold office until the close of the next annual meeting of shareholders of the Corporation or until his or her successor is duly elected or appointed pursuant to the by-laws of the Corporation.

Detailed voting results for all resolutions considered by shareholders at the meeting are contained in the report of voting results, which was filed on SEDAR under Painted Pony's profile at www.sedar.com.

BOARD AND COMMITTEE MEMBERSHIP

The Corporation has the following committees: Audit and Risk Committee, Compensation and HR Committee, Governance Committee, Nominating Committee and Reserves and HSE Committee. Current committee membership is set forth below

Committee   Chair   Members
Audit and Risk Committee   Joan E. Dunne*   Glenn R. Carley*
Lynn Kis*
Compensation and HR Committee   Kevin D. Angus*   Glenn R. Carley*
Nereus L. Joubert*
Governance Committee   Nereus L. Joubert*   Glenn R. Carley*
Nominating Committee   Nereus L. Joubert*   Glenn R. Carley*
Reserves and HSE Committee   Lynn Kis*   Kevin D. Angus*
Joan E. Dunne*
George W. Voneiff

* indicates independent directors

ABOUT PAINTED PONY

Painted Pony is a publicly-traded natural gas company based in Western Canada. The Corporation is primarily focused on the development of natural gas and natural gas liquids from the Montney formation in northeast British Columbia. Painted Pony’s common shares trade on the TSX under the symbol “PONY”.

Contact Information:
Patrick R. Ward
President and Chief Executive Officer

Stuart W. Jaggard
Chief Financial Officer

Jason W. Fleury
Director, Investor Relations
(403) 776-3261

(403) 475-0440
1-866-975-0440 toll free
ir@paintedpony.ca
www.paintedpony.ca

paintedpony_logo.jpg

Source: Painted Pony Energy Ltd.

Reporting Dates

  • 2019 Q4: March 11, 2020
  • 2020 Q1: May 6, 2020
  • 2020 Q2: August 12, 2020
  • 2020 Q3: November 4, 2020
  • 2020 Q4: March 12, 2021

Emergency Phone: 1-888-775-0440

PAINTED PONY ENERGY LTD.

1200, 520 3 Avenue SW Calgary, Alberta T2P 0R3 P: 403 475-0440 F: 403 238-1487 TF: 1-866-975-0440 E: info@paintedpony.ca

Whistleblower Hotline

24-HOUR EMERGENCY CONTACT

Call 1-888-775-0440 to report concerns regarding any of Painted Pony’s field operations. This is for EMERGENCIES ONLY and does not connect to Painted Pony’s head office.

PAINTED PONY ENERGY LTD.

1200, 520 3 Avenue SW Calgary, Alberta T2P 0R3 P: 403 475-0440 F: 403 238-1487 TF: 1-866-975-0440 E: info@paintedpony.ca