Journey Energy Inc. Reports on Voting from the 2017 Shareholders Meeting

CALGARY, May 25, 2017 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") reports that all matters presented for approval at the Company's Annual General Meeting held May 24, 2017 have been fully authorized and approved.

1. Fixing the Number of Directors to be Elected at the Meeting

On a vote by a show of hands, the number of directors of the Corporation to be elected at the Meeting was fixed at six members. The number in respect of the vote is based on the proxies received.

Votes For	% For	Votes Against	% Against
19,261,412	99.79	39,700	0.21

2. Election of Directors

On a vote by ballot, each of the following six nominees proposed by management was elected to serve as a director of the Corporation until the next annual meeting of shareholders, or until their successors are duly elected or appointed, subject to the provisions of the Business Corporations Act (Alberta) and the by-laws of the Corporation:

Nominees	Votes For	% For	Votes Withheld	% Withheld
Howard Crone	18,720,010	97.04	571,002	2.96
Dana Laustsen	19,238,812	99.73	52,200	0.27
Ruilin Zhang	18,248,344	94.60	1,042,668	5.40
Andrew Harper	18,845,370	97.69	445,642	2.31
Ryan Shay	19,236,112	99.72	54,900	0.28
Stephen Mulherin	18,720,010	97.04	571,002	2.96
Alex Verge	18,808,570	97.50	482,442	2.50

3. Appointment of Auditor

On a vote by a show of hands, PricewaterhouseCoopers LLP, Chartered Accountants, was reappointed as auditors of the Corporation until the next annual meeting of shareholders, and the directors of the Corporation were authorized to fix their remuneration as such. The numbers of the vote are based on the proxies received. 

Votes For	% For	Votes Withheld	% Withheld
19,299,812	99.99	1,300	0.01

4. Approval of Unallocated Options

On a vote by a show of hands, all unallocated Options entitled to be granted pursuant to Journey's Option Plan were approved to be issued until May 24, 2020. The numbers of the vote are based on the proxies received. 

Votes For	% For	Votes Withheld	% Withheld
11,595,455	60.11	7,695,557	39.89

5. Approval of Unallocated Awards

On a vote by a show of hands, all unallocated Awards entitled to be granted pursuant to Journey's Award Plan were approved to be issued until May 24, 2020. The numbers of the vote are based on the proxies received. 

Votes For	% For	Votes Withheld	% Withheld
11,006,397	57.05	8,284,615	42.95

SOURCE Journey Energy Inc.

Alex G. Verge, President and Chief Executive Officer, 403-303-3232, [email protected]; or Gerry Gilewicz, Chief Financial Officer, 403-303-3238, [email protected]; Journey Energy Inc., 700, 517 - 10th Avenue SW, Calgary, AB T2R 0A8, 403-294-1635, www.journeyenergy.ca