Paramount Resources Ltd. Announces Election of Directors

CALGARY, May 8, 2019 /CNW/ - Paramount Resources Ltd. ("Paramount") (TSX - "POU") announces that the following nine director nominees were elected at today's annual general meeting of shareholders:

NOMINEE

VOTES FOR

VOTES WITHHELD


Number

Percent (%)

Number

Percent (%)

JAMES RIDDELL

98,444,122

99.17%

819,221

0.83%

JAMES BELL

98,467,324

99.20%

796,019

0.80%

WILFRED GOBERT

98,477,960

99.21%

785,383

0.79%

JOHN GORMAN

97,725,294

98.45%

1,538,049

1.55%

DIRK JUNGE

98,283,295

99.01%

980,048

0.99%

ROBERT MACDONALD

98,477,394

99.21%

785,949

0.79%

KEITH MACLEOD

98,168,693

98.90%

1,094,650

1.10%

SUSAN RIDDELL ROSE

97,865,913

98.59%

1,397,430

1.41%

JOHN ROY

97,708,647

98.43%

1,554,696

1.57%

 

The re-appointment of Ernst & Young LLP, Chartered Accountants, as auditors of the Corporation was also approved at the meeting.

Paramount is an independent, publicly traded, liquids-focused Canadian energy company that explores for and develops both conventional and unconventional petroleum and natural gas resources, including long-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.

For further information: Paramount Resources Ltd., J.H.T. (Jim) Riddell, Chairman and President & Chief Executive Officer; B.K. (Bernie) Lee, Executive Vice President, Finance and Chief Financial Officer; Rodrigo (Rod) Sousa, Executive Vice President, Corporate Development and Planning, Phone: (403) 290-3600