CES Energy Solutions Corp. Announces Voting Results of the Election of Directors and Declares Cash Dividend
Canada NewsWire
CALGARY, June 10, 2019
CALGARY, June 10, 2019 /CNW/ - CES Energy Solutions Corp. ("CES" or the "Company") (TSX: CEU and OTC - Nasdaq Intl: CESDF) is pleased to announce the results of the matters to be voted on at the annual general and special meeting of shareholders held on June 10, 2019 (the "Meeting"). Based on the proxies received and on a ballot conducted at the Meeting, the following individuals, being the seven nominees listed in the management information circular of the Company dated April 29, 2019 (the "Circular"), were elected as directors of the Company until the next annual shareholders' meeting:
Name of Nominee
|
| Votes cast FOR
|
| % of votes cast
FOR
|
| Votes cast
WITHHELD
|
| % of votes cast
WITHHELD
|
Spencer D. Armour, III
|
| 199,628,540
|
| 99.85%
|
| 295,279
|
| 0.15%
|
Rodney L. Carpenter
|
| 199,387,572
|
| 99.73%
|
| 536,247
|
| 0.27%
|
Stella Cosby
|
| 199,749,332
|
| 99.91%
|
| 174,487
|
| 0.09%
|
John M. Hooks
|
| 186,678,441
|
| 93.37%
|
| 13,245,378
|
| 6.63%
|
Kyle D. Kitagawa
|
| 189,427,463
|
| 94.75%
|
| 10,496,356
|
| 5.25%
|
Philip J. Scherman
|
| 199,754,366
|
| 99.92%
|
| 169,453
|
| 0.08%
|
Thomas J. Simons
|
| 199,381,452
|
| 99.73%
|
| 542,367
|
| 0.27%
|
All other resolutions provided for in the Circular were duly passed and a report on the voting results has been filed today at www.sedar.com.
Dividend Declared
In addition, CES announces today that it will pay a cash dividend of $0.005 per common share on July 15, 2019 to the shareholders of record at the close of business on June 28, 2019.
About CES Energy Solutions Corp.
CES is a leading provider of technically advanced consumable chemical solutions throughout the lifecycle of the oilfield. This includes solutions at the drill-bit, at the point of completion and stimulation, at the wellhead and pump-jack, and finally through to the pipeline and midstream market. CES' business model is relatively asset light and requires limited re-investment capital to grow. As a result, CES has been able to capitalize on the growing market demand for drilling fluids and production and specialty chemicals in North America while generating free cash flow.
Additional information about CES is available at www.sedar.com or on the Company's website at www.cesenergysolutions.com.
THE TORONTO STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
SOURCE CES Energy Solutions Corp.
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2019/10/c4464.html
Tom Simons, President and Chief Executive Officer, CES Energy Solutions Corp., 403-269-2800; Anthony Aulicino, Chief Financial Officer, CES Energy Solutions Corp., 403-269-2800; Or by email at: cesinfo@ceslp.caCopyright CNW Group 2019
Source: Canada Newswire
(June 10, 2019 - 4:00 PM EDT)
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