TORONTO, June 21, 2022 /CNW/ - CES Energy Solutions Corp. ("CES" or the "Company") (TSX: CEU) (OTC: CESDF) is pleased to announce the results of the matters to be voted on at the annual general and special meeting of shareholders held on June 21, 2022 (the "Meeting"). Based on the proxies received and on a ballot conducted at the Meeting, the following individuals, being the eight nominees listed in the management information circular of the Company dated May 12, 2022 (the "Circular"), were elected as directors of the Company until the next annual shareholders' meeting:
Name of Nominee
Votes cast FOR
% of votes cast FOR
Votes cast WITHHELD
% of votes cast WITHHELD
Philip J. Scherman
Spencer D. Armour III
John M. Hooks
Kyle D. Kitagawa
Kenneth E. Zinger
All other resolutions provided for in the Circular were duly passed and a report on the voting results has been filed today at www.sedar.com.
In addition, CES announces today that it will pay a cash dividend of $0.016 per common share on July 15, 2022 to the shareholders of record at the close of business on June 30, 2022.
About CES Energy Solutions Corp.
CES is a leading provider of technically advanced consumable chemical solutions throughout the lifecycle of the oilfield. This includes solutions at the drill-bit, at the point of completion and stimulation, at the wellhead and pump-jack, and finally through to the pipeline and midstream market. CES' business model is relatively asset light and requires limited re-investment capital to grow. As a result, CES has been able to capitalize on the growing market demand for drilling fluids and production and specialty chemicals in North America while generating free cash flow.
Additional information about CES is available at www.sedar.com or on the Company's website at www.cesenergysolutions.com.
THE TORONTO STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
SOURCE CES Energy Solutions Corp.
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