Bay Street News

Petrus Resources Ltd. Announces Results of Directors Vote

CALGARY, ALBERTA–(Marketwired – May 12, 2016) – Petrus Resources Ltd. (“Petrus“) (TSX:PRQ) is pleased to announce that the nominees listed in Petrus’ information circular and proxy statement dated April 1, 2016 were elected as directors of Petrus. The detailed results of the vote for the election of directors held at Petrus’ annual meeting of shareholders today (the “Meeting“) are set out below.

On a vote by ballot, each of the following eight nominees proposed by management was elected as a director of Petrus.

Nominee Outcome
of Vote
Votes For % For Votes Withheld % Withheld
Kevin Adiar Elected 12,981,961 99.04 125,331 0.96
Don Gray Elected 12,989,177 99.10 118,115 0.90
Don Cormack Elected 12,978,942 99.02 128,350 0.98
Patrick Arnell Elected 12,980,670 99.03 126,622 0.97
Brian Minnehan Elected 13,017,461 99.31 89,831 0.69
Jeff Zlotky Elected 13,011,893 99.27 95,399 0.73
Peter Verburg Elected 12,967,424 98.93 139,868 1.07
Stephen White Elected 12,628,835 96.35 478,457 3.65

ABOUT PETRUS

Petrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk -managed exploration in Alberta.

Kevin Adair, P.Eng.
President and CEO
T: 403-930-0888
E: kadair@petrusresources.com