MERGERS & ACQUISITIONS & DISPOSITIONS - QUARTERLY REPORTS - PRODUCTION UPDATES - CORPORATE ANNOUNCEMENTS - FINANCIAL UPDATES -3RD PARTY REPORTS
Thursday May 24 2017
Acquisition of Point Loma Resources Ltd. Common Shares by Kevin R. Baker Q.C.
Pursuant to the early warning requirements of applicable Canadian securities laws, Mr. Kevin R. Baker Q.C. reports that, on May 25, 2017, he acquired 2,341,805 common shares ("Common Shares") in the capital of Point Loma Resources Ltd. ("Point Loma") for $550,000.00 under an arm's length private transaction (the "Transaction").
Prior to the Transaction, Mr. Baker beneficially owned or controlled, directly or indirectly, 3,710,206 Common Shares, representing 11.01% of the then current issued and outstanding Common Shares.
Immediately after the completion of the Transaction, Mr. Baker beneficially owned or controlled, directly or indirectly, 6,052,011 Common Shares, representing 17.96% of the then current issued and outstanding Common Shares.
Mr. Baker acquired the Common Shares for investment purposes and may, in the future, increase or decrease his ownership of securities of Point Loma, directly or indirectly, from time to time depending upon, among other things, the business and prospects of Point Loma and future market conditions.
SOURCE Kevin R. Baker Q.C.
Advantage Announces Annual Meeting Voting Results on Election of Directors
Advantage Oil & Gas Ltd. ("Advantage") is pleased to announce that on May 25, 2017 it held its annual general and special meeting of shareholders (the "Meeting"). A total of 151,241,262 common shares (approximately 81.34% of the outstanding common shares) were represented at the Meeting in person or by proxy.
At the Meeting, shareholders approved the election of six nominees as directors of Advantage to serve until the next annual meeting of shareholders or until their successors are elected or appointed, with the number and percentage of common shares represented at the Meeting voting by way of ballot in favour or withheld from voting for the individual nominees as follows:
Nominated and Elected:
Jill T. Angevine
Stephen E. Balog
Grant B. Fagerheim
Paul G. Haggis
Andy J. Mah
Ronald A. McIntosh
SOURCE Advantage Oil & Gas Ltd.
Eagle Energy Inc. Files Management Information Circular for
Annual General Meeting
Eagle Energy Inc. ("Eagle") (TSX:EGL) announced today that it has filed and is mailing a management information circular dated May 23, 2017 in connection with Eagle's annual general meeting of its shareholders. The AGM is scheduled to be held at 10:00 a.m. (Calgary time) on Tuesday, June 27, 2017.
Eagle's Board unanimously recommends that Eagle shareholders vote FOR the current Board, David Fitzpatrick, Richard Clark, Warren Steckley and Bruce Gibson.
Eagle's Board urges Eagle shareholders to read the Letter to Shareholders (reproduced below) and Eagle's management information circular. Eagle's management information circular is available on Eagle's website at www.EagleEnergy.com and under Eagle's issuer profile on SEDAR at www.sedar.com. It is being mailed to shareholders of record as of May 23, 2017.
The deadline to vote by proxy is 10:00 a.m. on June 23, 2017. Eagle's shareholders are urged to vote ONLY the YELLOW form of proxy or voting information form in favour of Eagle's current Board well in advance of this deadline.
Laurel Hill Advisory Group is acting as Eagle's proxy solicitation agent in connection with the AGM. If you have any questions or require any assistance in voting your shares, please call Laurel Hill toll free in North America at 1-877-452-7184 (or collect outside North America at 1-416-304-0211) or by email at firstname.lastname@example.org. Also, please visit Eagle's website at www.EagleEnergy.com.
SOURCE Eagle Energy Inc.
Journey Energy Inc. Reports on Voting from the 2017 Shareholders Meeting
Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") reports that all matters presented for approval at the Company's Annual General Meeting held May 24, 2017 have been fully authorized and approved.
1. Fixing the Number of Directors to be Elected at the Meeting
On a vote by a show of hands, the number of directors of the Corporation to be elected at the Meeting was fixed at six members.
Election of Directors
On a vote by ballot, each of the following six nominees proposed by management was elected to serve as a director of the Corporation until the next annual meeting of shareholders, or until their successors are duly elected or appointed, subject to the provisions of the Business Corporations Act (Alberta) and the by-laws of the Corporation:
Nominees and Elected:
SOURCE Journey Energy Inc.
Jura Announces Results of Shareholder Meeting
Jura Energy Corporation ("Jura") (TSX VENTURE:JEC) today announced that at the annual and special meeting of shareholders held on Thursday, May 25, 2017 at the office of Jura located at Suite 5100, 150 - 6 Avenue SW, Calgary, Alberta at 8 a.m. (Calgary time), the shareholders approved Jura's amended and restated stock option plan and restricted share unit plan, and each of its incumbent directors, Stephen C. Akerfeldt, Shahzad Ashfaq, Timothy M. Elliott, Shahid Hameed, Akbar Kazmi, Stephen Smith and Frank Turner were re-elected by the shareholders present in person or by proxy, each with 100% of the votes "for" and none withheld.
As announced by Jura on May 19, 2017, Mr. Ashfaq has stepped down from the board of directors (the "Board") effective May 25, 2017 to devote more time to his other business interests. Jura will have a six-member Board, and the Board will consider whether it would be beneficial to conduct a search for an additional director or directors.
About Jura Energy Corporation
Jura is an international energy company engaged in the exploration, development and production of petroleum and natural gas properties in Pakistan. Jura is based in Calgary, Alberta, and listed on the TSX-V trading under the symbol JEC. Jura conducts its business in Pakistan through its subsidiaries, Frontier Holdings Limited and Spud Energy Pty Limited.
SOURCE Jura Energy Corporation
MEG Energy provides Annual and Special Meeting voting results
MEG Energy Corp. (TSX: MEG) announces voting results from its Annual and Special Meeting of Shareholders held on May 25, 2017.
Shareholders elected all directors nominated by management, the results being as follows
Nominated and Elected:
William R. Klesse
David B. Krieger
William J. McCaffrey
Jeffrey J. McCaig
James D. McFarland
Shareholders approved the Corporation's amended and restated Shareholder Rights Plan, with 87.07% of the votes cast being in favour.
Shareholders also passed a resolution accepting the Corporation's approach to executive compensation, with 98.30% of the votes cast being in favour.
Shareholders also approved the reappointment of PricewaterhouseCoopers LLP as auditors of the Corporation for the ensuing year.
Lastly, after serving as a director of the Corporation for over 13 years, Peter Kagan stepped down from the Corporation's board of directors effective May 25, 2017.
"Peter joined MEG's Board as we were working to expand and define our resources, and I would like to thank him for his thoughtful leadership and counsel on the board," said Bill McCaffrey, President, Chief Executive Officer and Director.
"Although Peter will be missed, the foundations that he helped put in place will ensure the future success of the company."
MEG Energy Corp. is focused on sustainable in situ oil sands development and production in the southern Athabasca oil sands region of Alberta, Canada. MEG is actively developing enhanced oil recovery projects that utilize SAGD extraction methods. MEG's common shares are listed on the Toronto Stock Exchange under the symbol "MEG."
SOURCE MEG Energy Corp.
Northern Blizzard Resources Inc. Announces Annual and
Special Meeting of Shareholders
Northern Blizzard will hold its annual and special meeting of shareholders on Thursday, June 22, 2017 at 4:00PM (Calgary time) at The Metropolitan Conference Center in the Royal Room (333 - 4 Avenue SW, Calgary, AB).
Meeting materials will be mailed to shareholders and will also be available at www.northernblizzard.com.
Northern Blizzard is a Canadian crude oil production and development company focused on maximizing oil recovery from its large-scale oil resource base. The corporation's operations, infrastructure and concentrated land position are focused in southwest Saskatchewan. Northern Blizzard's common shares trade on the Toronto Stock Exchange under the symbol NBZ.
SOURCE Northern Blizzard Resources Inc.
Steel Reef Announces $0.0175 Per Common Share Dividend
Steel Reef Infrastructure Corp. ("Steel Reef") is pleased to announce the declaration of a dividend of $0.0175 per common share for the first quarter of 2017 payable on June 15, 2017 to shareholders of record at the close of business on June 6, 2017. The dividend is considered to be an "eligible dividend" for Canadian tax purposes.
About Steel Reef Infrastructure Corp.:
Steel Reef is a midstream company focused on strategically partnering with oil and gas exploration, development and production companies to develop a portfolio of midstream assets, through acquisition or construction, with a view to generating a regular dividend for its investors.
SOURCE Steel Reef Infrastructure Corp.
The Toronto Stock Exchange has neither approved nor disapproved the information contained herein.