Le Lézard
Classified in: Oil industry, Business
Subject: BOARD OF DIRECTORS

Petrus Resources Ltd. Announces Results of Directors Vote


CALGARY, ALBERTA--(Marketwired - May 18, 2017) - Petrus Resources Ltd. ("Petrus") (TSX:PRQ) is pleased to announce that the nominees listed in Petrus' information circular and proxy statement dated April 3, 2017 were elected as directors of Petrus at the annual meeting of shareholders held today (the "Meeting"). Detailed results of the vote for the election of directors are set out below.

On a vote by ballot, each of the following seven nominees proposed by management was elected as a director of Petrus.


Nominee		   Outcome
of Vote		  
Votes For		  
% For		  
Votes Withheld		  
% Withheld
 
Neil Korchinski   Elected   21,849,409   99.20   175,376   0.80
 
Don Gray   Elected   21,794,537   98.95   230,248   1.05
 
Don Cormack   Elected   21,806,312   99.01   218,473   0.99
 
Patrick Arnell   Elected   21,323,213   96.81   701,572   3.19
 
Brian Minnehan   Elected   21,847,969   99.20   176,816   0.80
 
Jeff Zlotky   Elected   21,864,204   99.27   160,581   0.73
 
Stephen White   Elected   21,848,842   99.20   175,943   0.80

ABOUT PETRUS

Petrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta.


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