CALGARY,
AB, May 2, 2024 /CNW/ - Topaz Energy Corp.
(TSX: TPZ) ("Topaz" or the "Company") is pleased to announce that
its shareholders approved all resolutions at the annual meeting of
shareholders of the Company held on May 2,
2024 (the "Meeting"). A report of voting results will be
available on SEDAR+ at www.sedarplus.ca.
The resolution to appoint the eight (8) nominees as directors of
the Company was passed on a vote by poll and each of the directors
received the following votes for their election:
|
Nominee
|
Votes
For
|
% For
|
Votes
Withheld
|
%
Withheld
|
|
Michael L.
Rose
|
95,953,238
|
95.71
|
4,303,354
|
4.29
|
|
Marty
Staples
|
99,825,291
|
99.57
|
431,301
|
0.43
|
|
Tanya
Causgrove
|
99,945,469
|
99.69
|
311,123
|
0.31
|
|
Jim
Davidson
|
100,150,753
|
99.89
|
105,839
|
0.11
|
|
John
Gordon
|
95,959,005
|
95.71
|
4,297,587
|
4.29
|
|
Darlene
Harris
|
86,023,881
|
85.80
|
14,232,711
|
14.20
|
|
Steve
Larke
|
91,861,366
|
91.63
|
8,395,226
|
8.37
|
|
Brian G.
Robinson
|
94,428,188
|
94.19
|
5,828,404
|
5.81
|
The resolution to appoint KPMG LLP as the Company's auditors was
approved with 100,650,346 (99.95%) of the shares represented at the
Meeting voting in favour of the resolution.
The non-binding advisory resolution to accept the Company's
approach to executive compensation was voted for with 96,926,495
(96.68%) of the shares represented at the Meeting voting in favour
of the resolution.
The resolution to approve the unallocated options under the
Company's Performance Share Unit Plan was approved with 75,954,130
(75.76%) of the shares represented at the Meeting voting in favour
of the resolution.
The resolution to approve the unallocated options under the
Company's Deferred Share Unit Plan was approved with 75,636,970
(75.44%) of the shares represented at the Meeting voting in favour
of the resolution.
ABOUT THE COMPANY
Topaz is a unique royalty and infrastructure energy company
focused on generating free cash flow growth and paying reliable and
sustainable dividends to its shareholders, through its strategic
relationship with Canada's largest
and most active natural gas producer, Tourmaline Oil Corp.
("Tourmaline"), an investment-grade senior Canadian E&P
company, and leveraging industry relationships to execute
complementary acquisitions from other high-quality energy
companies, while maintaining its commitment to environmental,
social and governance best practices. Topaz focuses on top-quartile
energy resources and assets best positioned to attract capital in
order to generate sustainable long-term growth and
profitability.
The Topaz royalty and energy infrastructure revenue streams are
generated primarily from assets operated by natural gas producers
with some of the lowest greenhouse gas emissions intensity in the
Canadian senior upstream sector, including Tourmaline, which has
received awards for environmental sustainability and conservation
efforts. Certain of these producers have set long-term emissions
reduction targets and continue to invest in technology to improve
environmental sustainability.
Topaz's common shares are listed and posted for trading on the
TSX under the trading symbol "TPZ" and it is included in the
S&P/TSX Composite Index. This is the headline index for
Canada and is the principal
benchmark measure for the Canadian equity markets, represented by
the largest companies on the TSX.
For further information, please visit the Company's website at
www.topazenergy.ca. Topaz's SEDAR+ filings are available
at www.sedarplus.ca.
SOURCE Topaz Energy Corp