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.
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