Le Lézard
Subject: ANNUAL MEETINGS

Canacol Energy Ltd. Announces Meeting Results


CALGARY, Alberta, June 24, 2022 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE) (OTCQX:CNNEF) (BVC:CNEC) is pleased to announce that at the annual general and special meeting held in Bogotá, Colombia? on June 24, 2022 (the "Meeting") holders of common shares of Canacol: (i) re-elected Charle Gamba, Michael Hibberd, David Winter, Gregory D. Elliott, Francisco Diaz, Juan Argento, Gonzalo Fernández-Tinoco and Ariel Merenstein to the Board of Directors; (ii) appointed KPMG LLP, as Canacol's auditors; and (iii) re-approved the omnibus long-term incentive plan ?of the Corporation.

The detailed results of the vote for the election of directors held at the Meeting are set out below:

NomineeVotes For % For Votes Withheld% Withheld
Charle Gamba91,249,102 98.7% 1,214,9721.3%
Michael Hibberd80,583,738 87.2% 11,886,13612.9%
David Winter80,719,362 87.3% 11,750,51212.7%
Gregory D. Elliott80,769,740 87.3% 11,700,13412.7%
Francisco Diaz80,887,656 87.5% 11,581,21812.5%
Juan Argento80,634,212 87.2% 11,835,66212.8%
Gonzalo Fernández-Tinoco79,140,789 85.6% 13,329,08614.4%
Ariel Merenstein ?90,718,187 98.1% 1,764,5421.9%

Further disclosure on the matters approved at the Meeting can be found in the Management Information Circular dated May 13, 2022 and the Report of Voting Results for the Meeting each available on SEDAR at www.sedar.com.

About Canacol

Canacol is a natural gas exploration and production company with operations focused in Colombia. The Corporation's common stock trades on the Toronto Stock Exchange, the OTCQX in the United States of America, and the Colombia Stock Exchange under ticker symbol CNE, CNNEF, and CNEC, respectively.

 




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