Pulse Seismic Inc. Reports Annual Meeting Voting Outcomes
CALGARY, Alberta – Pulse Seismic Inc. (TSX: PSD) (OTCQX: PLSDF) is excited to share the results from its recent annual meeting where directors were elected with overwhelming shareholder support. The event showcased the commitment of shareholders to the company’s future and governance.
Voting Results: Elected Directors
During the meeting, each nominee for the board of directors received substantial votes in favor of their election, as per the management proxy circular released earlier. The voting results were carried out via ballot, and here are the details:
Election Results Breakdown
Neal Coleman led the election with 31,038,759 votes, amounting to a striking 99.90% approval rate. Paul Crilly closely followed, achieving an impressive 99.97% with 31,061,451 votes in favor. Other candidates like Dallas Droppo and Robert Robotti also saw high levels of support, receiving 99.39% and 99.92% respectively. Overall, the voting reflected a strong alignment between the board strategy and the interests of the shareholders.
Shareholder Advisory Vote
In addition to the board elections, the “Say on Pay” advisory vote, which evaluates the company’s approach to executive compensation, garnered approval from 99.78% of voters. This strong endorsement indicates shareholders' confidence in the management's compensation policies and overall governance.
Corporate Profile of Pulse Seismic Inc.
As a premier company in seismic data acquisition, marketing, and licensing, Pulse Seismic Inc. is recognized for its extensive seismic data library in Canada. The library comprises approximately 65,310 square kilometers of 3D seismic data along with 829,207 kilometers of 2D seismic data, underscoring its market leadership, especially in the Western Canada Sedimentary Basin, which is vital for national oil and gas exploration.
Contact Information
For further inquiries, shareholders and interested parties are encouraged to reach out to:
Neal Coleman, President and CEO
Or
Pamela Wicks, Vice President Finance and CFO
Contact Numbers:
Tel.: (403) 237-5559
Toll-free: 1-877-460-5559
Email: info@pulseseismic.com
For more information, please visit our website at www.pulseseismic.com.
Frequently Asked Questions
What were the results of the annual meeting?
The annual meeting saw all board nominees elected with high approval rates, reflecting strong shareholder support.
What is the significance of the "Say on Pay" vote?
The "Say on Pay" vote was approved by 99.78%, indicating high shareholder confidence in executive compensation practices.
Who can shareholders contact for more information?
Shareholders may contact Neal Coleman or Pamela Wicks for any inquiries related to the company.
Where can I find more details about the voting results?
Voting results can be found on the official website of Pulse Seismic Inc.
What does Pulse Seismic Inc. specialize in?
Pulse Seismic Inc. specializes in the acquisition and licensing of seismic data for the energy sector in Canada.