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Calfrac Well Services Shares Voting Results from Directors Election

Calfrac Well Services Shares Voting Results from Directors Election

Calfrac Well Services Announces Election Results for Directors

Calfrac Well Services Ltd. (TSX: CFW) is delighted to share the results from the recent election of directors that took place during their annual shareholders meeting. This significant event marks an important occasion for shareholders to review and approve the leadership tasked with guiding the company's future.

Details of the Election

The annual meeting saw the election of several nominees to the Board of Directors, each receiving overwhelming support from shareholders. These newly elected directors will serve until the next annual meeting or until their successors are appointed. The detailed results showcase a strong endorsement of the nominees, reflecting confidence in Calfrac's vision and direction.

Voting Outcome for Each Nominee

The election results are detailed below:

1. Ronald P. Mathison

Votes for: 65,434,357 (99.65%) | Votes against: 228,492 (0.35%)

2. Douglas R. Ramsay

Votes for: 65,447,107 (99.67%) | Votes against: 215,742 (0.33%)

3. George S. Armoyan

Votes for: 63,552,876 (96.79%) | Votes against: 2,109,973 (3.21%)

4. Anuroop Duggal

Votes for: 60,951,751 (92.83%) | Votes against: 4,711,098 (7.17%)

5. Charles Pellerin

Votes for: 61,770,588 (94.07%) | Votes against: 3,892,261 (5.93%)

6. Chetan Mehta

Votes for: 65,638,359 (99.96%) | Votes against: 24,490 (0.04%)

7. Holly A. Benson

Votes for: 65,621,974 (99.94%) | Votes against: 40,875 (0.06%)

Vision for the Future

Calfrac Well Services is dedicated to providing top-notch oilfield services to companies within the exploration and production sector. The organization focuses on enhancing the production of hydrocarbons while maintaining operational excellence primarily in North America and Argentina. With a resolute commitment to their motto, "Do It Safely, Do It Right, Do It Profitably," Calfrac aims to ensure long-term sustainable growth and profitability for its shareholders.

Accessing More Information

To explore more about Calfrac, including viewing the most recent filings, stakeholders can visit their website at www.calfrac.com or access the company’s public filings on SEDAR+. For any inquiries regarding this announcement, please reach out to the contact listed below.

Contact Information

Michael Olinek
Chief Financial Officer
(403) 234-6673
Suite 500, 407 – 8 Avenue S.W.
Calgary, Alberta, Canada T2P 1E5

Frequently Asked Questions

1. What is the significance of the election results?

The election results highlight shareholder confidence in the directors guiding Calfrac's future direction and strategy.

2. How many directors were elected during this meeting?

A total of seven directors were elected to the Board during the annual shareholders meeting.

3. What is Calfrac's main service offering?

Calfrac specializes in providing oilfield services designed to enhance hydrocarbon production for exploration and production companies.

4. Where can I find more information on Calfrac?

Additional information and latest filings can be found on Calfrac’s official website and SEDAR+.

5. Who should I contact for more information?

Michael Olinek, the Chief Financial Officer, can be contacted at (403) 234-6673 for further inquiries.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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