
NOT FOR RELEASE, DISTRIBUTION, PUBLICATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO OR FROM
ARROW ANNOUNCES AGM VOTING RESULTS
CALGARY,
Report in Respect of Voting Results Pursuant to Section 11.3 of National Instrument 51-102 - Continuous Disclosure Obligations
The following sets forth a brief description of each matter voted upon at the annual general meeting (the "Meeting") of the holders of common shares of Arrow held on
Description of Matter |
Outcome of Vote |
Votes For |
Votes Against or Withheld |
1. Number of Directors To set the number of directors at five (5). |
Approved |
43,226,881 98.10% |
837,723 1.90% |
2. Election of Directors |
Approved
|
42,902,436 97.96% |
891,780 2.04% |
|
Approved
|
42,891,349 97.59% |
1,059,210 2.41% |
|
Approved
|
35,290,667 80.30% |
8,659,892 19.70% |
|
Approved
|
42,891,324 97.65% |
1,032,208 2.35% |
|
Approved
|
42,890,429 97.59% |
1,060,130 2.41% |
3. Appointment of Auditors Appointment of |
Approved |
43,101,118 98.19% |
796,081 1.81% |
4. Approval and Amendment of Option Plan To re-approve the Corporation's stock option plan and to approve certain amendments thereto as more particularly set out in the Information Circular and Proxy Statement (collectively, the "Circular") of the Corporation dated |
Approved |
34,346,617 77.95% |
9,717,986 22.05% |
For further Information, contact:
|
|
|
+1 403 651 5995 |
|
+1 403 818 1033 |
|
|
Canaccord Genuity (Nominated Advisor and Joint Broker) |
|
|
+44 (0)20 7523 8000 |
|
|
|
+44 (0)7711 627449 |
|
|
Camarco (Financial PR) |
|
|
+44 (0)20 3781 8331 |
|
|
|
|
About
Forward-looking Statements
This news release contains certain statements or disclosures relating to Arrow that are based on the expectations of its management as well as assumptions made by and information currently available to Arrow which may constitute forward-looking statements or information ("forward-looking statements") under applicable securities laws. All such statements and disclosures, other than those of historical fact, which address activities, events, outcomes, results or developments that Arrow anticipates or expects may, could or will occur in the future (in whole or in part) should be considered forward-looking statements. In some cases, forward-looking statements can be identified by the use of the words "continue", "expect", "opportunity", "plan", "potential" and "will" and similar expressions. The forward-looking statements contained in this news release reflect several material factors and expectations and assumptions of Arrow, including without limitation, Arrow's evaluation of the impacts of global pandemics, the potential of Arrow's Colombian and/or Canadian assets (or any of them individually), the prices of oil and/or natural gas, and Arrow's business plan to expand oil and gas production and achieve attractive potential operating margins. Arrow believes the expectations and assumptions reflected in the forward-looking statements are reasonable at this time, but no assurance can be given that these factors, expectations, and assumptions will prove to be correct.
The forward-looking statements included in this news release are not guarantees of future performance and should not be unduly relied upon. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. The forward-looking statements contained in this news release are made as of the date hereof and the Company undertakes no obligations to update publicly or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
Neither
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the