CALGARY, AB, May 5, 2021 /CNW/ - Paramount Resources Ltd. (the "Company") (TSX: POU) announces that the following eight director nominees were elected at today's annual general meeting of shareholders:
Kim Lynch Proctor
Susan Riddell Rose
- The re-appointment of Ernst & Young LLP, Chartered Professional Accountants, as auditors of the Company was approved with 105,497,656 (99.56%) of the votes cast for and 462,600 (0.44%) votes withheld.
- An ordinary resolution approving the unallocated options under the Company's stock option plan was approved with 100,225,352 (96.35%) of the votes cast for and 3,795,574 (3.65%) of the votes cast against.
- An ordinary resolution confirming certain amendments to the bylaws of the Company concerning the holding of shareholder meetings by electronic means was approved with 103,963,440 (99.94%) of the votes cast for and 57,486 (0.06%) of the votes cast against.
Paramount is an independent, publicly traded, liquids-focused Canadian energy company that explores for and develops both conventional and unconventional petroleum and natural gas reserves and resources, including longer-term strategic exploration and pre-development plays, and holds a portfolio of investments in other entities. The Company's principal properties are located in Alberta and British Columbia. Paramount's class A common shares are listed on the Toronto Stock Exchange under the symbol "POU".
SOURCE Paramount Resources Ltd.