CALGARY, ALBERTA–(Marketwired – May 10, 2017) –
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
Trinidad Drilling Ltd. (TSX:TDG) (Trinidad) is pleased to announce the voting results from our Annual Meeting of Shareholders held on May 10, 2017.
- Shareholders set the number of directors at six.
| Votes For | Votes Withheld | |
| Number of directors | 99.70% | 0.30% |
- Shareholders elected the following directors:
| Director | Votes For | Votes Withheld |
| Michael Heier | 87.02% | 12.98% |
| Jim Brown | 87.26% | 12.74% |
| Brian Burden | 87.26% | 12.74% |
| David Halford | 87.97% | 12.03% |
| Nancy Laird | 87.25% | 12.75% |
| Ken Stickland | 87.08% | 12.92% |
- Shareholders re-appointed PricewaterhouseCoopers LLP as Trinidad’s auditors.
| Votes For | Votes Withheld | |
| Auditors | 98.87% | 1.13% |
- Shareholders approved the unallocated options under Stock Option.
| Votes For | Votes Withheld | |
| Stock Option Plan | 80.92% | 19.08% |
- Shareholders approved the continuation of, and amendments to, our Shareholder Rights Plan.
| Votes For | Votes Withheld | |
| Shareholder Rights Plan | 86.67% | 13.33% |
About Trinidad Drilling
Trinidad is a corporation focused on sustainable growth that trades on the Toronto Stock Exchange under the symbol TDG. Trinidad’s divisions currently operate in the drilling sector of the oil and natural gas industry, with operations in Canada, the United States and internationally. In addition, through joint venture arrangements, Trinidad operates drilling rigs in Saudi Arabia and Mexico, and is currently assessing operations in other international markets. Trinidad is focused on providing modern, reliable, expertly designed equipment operated by well-trained and experienced personnel. Trinidad’s drilling fleet is one of the most adaptable, technologically advanced and competitive in the industry.
Brent Conway
President & Chief Executive Officer
403.265.6525
Trinidad Drilling Ltd.
Lesley Bolster
Chief Financial Officer
403.265.6525
Trinidad Drilling Ltd.
Lisa Ottmann
Vice President, Investor Relations
403.294.4401
investors@trinidaddrilling.com