CALGARY, ALBERTA–(Marketwired – June 2, 2016) –
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.
Strad Energy Services Ltd. (“Strad” or the “Company“) (TSX:SDY) announces the voting results in respect of its annual and special meeting of shareholders held on June 2, 2016 (the “Meeting“). Each of the matters voted on at the Meeting is outlined in the Company’s Management Information Circular – Proxy Statement dated April 22, 2016 (the “Information Circular“), which is available on SEDAR at www.sedar.com.
Strad shareholders have duly elected all of the director nominees proposed by management in the Information Circular. The detailed voting results from the Meeting in respect of the election of directors is set forth below:
| Nominee | Votes For | Votes Withheld |
| Robert J.A. Grandfield | 75.97% (17,819,803) |
24.03% (5,635,660) |
| John A. Hagg | 79.59% (18,667,111) |
20.41% (4,788,352) |
| Andrew R.C. Pernal | 77.22% (18,113,441) |
22.78% (5,342,022) |
| Jack H. Nodwell | 79.59% (18,667,111) |
20.41% (4,788,352) |
| James A. McCallum | 77.45% (18,165,111) |
22.55% (5,290,352) |
| Craig F. Hruska | 79.59% (18,667,111) |
20.41% (4,788,352) |
Shareholders also voted in favour of the balance of the matters considered at the Meeting, namely, ordinary resolutions to fix the number of directors at six, appoint the Company’s auditors and approve the Company’s Advance Notice Bylaw.
For complete voting results, please see our Report of Voting Results which will be available on SEDAR at www.sedar.com.
About Strad Energy Services Ltd.
Strad is a North American energy services company that focuses on providing well-site infrastructure solutions to the oil and natural gas industry. Strad focuses on providing complete customer solutions in well-site-related oilfield equipment for producers active in unconventional resource plays.
For more detailed information on Strad and its operations, please see the Company’s latest presentation on its website at www.stradenergy.com.
Strad is headquartered in Calgary, Alberta, Canada. Strad is listed on the Toronto Stock Exchange under the trading symbol “SDY”.
The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
Andy Pernal
President & Chief Executive Officer
(403) 775-9202
(403) 232-6901 (FAX)
Email: apernal@stradenergy.com
Strad Energy Services Ltd.
Michael Donovan
Chief Financial Officer
(403) 775-9221
(403) 232-6901 (FAX)
Email: mdonovan@stradenergy.bom
www.stradenergy.com