CALGARY, ALBERTA–(Marketwired – May 16, 2016) –
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW
High Arctic Energy Services Inc. (TSX:HWO) (“High Arctic” or the “Corporation”) is pleased to announce the results of the Annual General and Special Meeting of the shareholders of High Arctic held on May 13, 2016. All matters put forth were approved, including the re-election of each nominee as a director of the Corporation for the upcoming year, as follows:
| VOTES FOR | VOTES WITHHELD/ABSTAINED | |
| Thomas M. Alford | 99.68% (29,356,386) |
0.32% (94,502) |
| Simon P. Batcup | 99.68% (29,356,586) |
0.32% (94,302) |
| Michael R. Binnion | 99.68% (29,357,257) |
0.32% (93,631) |
| Daniel J. Bordessa | 95.59% (28,151,105) |
4.41% (1,299,783) |
| Dennis F. Sykora | 95.59% (28,150,807) |
4.41% (1,300,081) |
| Steven R. Vasey | 99.68% (29,357,936) |
0.32% (92,952) |
| Christopher R. Warren | 99.65% (29,348,786) |
0.35% (102,102) |
In addition to the annual resolutions, including the re-appointment of PricewaterhouseCoopers LLP, Chartered Accountants, as auditors, a resolution was passed approving the unallocated options under the Corporation’s stock option plan.
About High Arctic
High Arctic is a publicly traded company listed on the Toronto Stock Exchange under the symbol “HWO”. The Corporation’s principal focus is to provide drilling and specialized well completion services, equipment rentals and other services to the oil and gas industry.
High Arctic’s largest operation is in Papua New Guinea where it provides drilling and specialized well completion services and supplies rig matting, camps and drilling support equipment on a rental basis. The Canadian operation provides snubbing services, nitrogen supplies and equipment on a rental basis to a large number of oil and natural gas exploration and production companies operating in Western Canada.
Chief Executive Officer
587-318-3826
[email protected]
Brian Peters
Chief Financial Officer
587-318-2218
[email protected]
