RCS - Valeura Energy Inc. - Result of AGM

Stifel FinancialAnnouncement

10/05/2024 08:15

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RNS Number : 9492N  Valeura Energy Inc.  10 May 2024

Valeura Announces Voting Results

Calgary, May 10, 2024: Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) ("Valeura"
or the "Corporation"), an upstream oil and gas company with assets in the Gulf
of Thailand and the Thrace Basin of Türkiye, is pleased to provide the voting
results from its annual and special meeting of shareholders held on May 9,
2024.

Shareholders voted on and approved the following proposals: (1) the
appointment of Deloitte & Touche LLP as the auditors of the Corporation,
(2) the election of the directors of the Corporation, and (3) an ordinary
resolution approving the Corporation's shareholder rights plan.

The voting results for the election of directors are as follows:

                          Total Votes                        % of Votes Cast
 Nominee                  For         Withheld   Total       For       Withheld
 Dr. W. Sean Guest        44,391,234  602        44,391,836  100.00%   0.00%
 Dr. Timothy R. Marchant  44,332,902  58,934     44,391,836  99.87%    0.13%
 James D. McFarland       38,220,564  6,171,272  44,391,836  86.10%    13.90%
 Russell J. Hiscock       44,332,604  59,232     44,391,836  99.87%    0.13%
 Timothy N. Chapman       44,330,204  61,632     44,391,836  99.86%    0.14%
 Lina Lee                 44,330,200  61,635     44,391,835  99.86%    0.14%
 Anna Green               44,275,302  116,533    44,391,835  99.74%    0.26%

About the Corporation

Valeura Energy Inc. is a Canadian public company engaged in the exploration,
development and production of petroleum and natural gas in Thailand and in
Türkiye. The Corporation is pursuing a growth-oriented strategy and intends
to re-invest into its producing asset portfolio and to deploy resources toward
further organic and inorganic growth in Southeast Asia. Valeura aspires toward
value accretive growth for stakeholders while adhering to high standards of
environmental, social and governance responsibility.

Additional information relating to Valeura is also available on SEDAR+ at
www.sedarplus.ca.

For further information, please contact:

Valeura Energy Inc. (General Corporate Enquiries)           +65 6373
6940

Sean Guest, President and CEO

Yacine Ben-Meriem, CFO
Contact@valeuraenergy.com

Valeura Energy Inc. (Investor
Enquiries)                             +1 403 975
6752 / +44 7392 940495
Robin James Martin, Vice President, Communications and Investor Relations
IR@valeuraenergy.com

CAMARCO (Public Relations, Media Adviser to Valeura)  +44 (0) 20 3757 4980

Owen Roberts, Billy Clegg
Valeura@camarco.co.uk

 

Contact details for the Corporation's advisors, covering research analysts,
and joint brokers, including Auctus Advisors LLP, Cormark Securities Inc.,
Research Capital Corporation, Schachter Energy Report, and Stifel Nicolaus
Europe Limited, are listed on the Corporation's website at
www.valeuraenergy.com/investor-information/analysts/.

 

This announcement does not constitute an offer to sell or the solicitation of
an offer to buy securities in any jurisdiction, including where such offer
would be unlawful. This announcement is not for distribution or release,
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South Africa or Japan or any other jurisdiction in which its publication or
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