Surge Energy Inc. Announces Annual General Meeting Voting Results

CALGARY, AB, May 12, 2021 /CNW/ - Surge Energy Inc. (the "Company" or "Surge") (TSX: SGY) announces that at its annual meeting of shareholders held on May 12, 2021 the following nine director nominees were elected:

Surge Energy Inc. Announces Annual General Meeting Voting Results (CNW Group/Surge Energy Inc.)

	Votes For			Votes Withheld
	#	%		#	%
James Pasieka Marion Burnyeat	83,900,344 83,817,897	98.29% 98.20%		1,457,797 1,540,244	1.71% 1.80%
Paul Colborne Daryl Gilbert Michelle Gramatke	83,343,340 83,542,034 83,574,874	97.64% 97.87% 97.91%		2,014,801 1,816,107 1,783,267	2.36% 2.13% 2.09%
Robert Leach Allison Maher	83,967,424 83,869,642	98.37% 98.26%		1,390,717 1,488,499	1.63% 1.74%
P. Daniel O'Neil	83,878,529	98.27%		1,479,612	1.73%
Murray Smith	81,179,341	95.10%		4,178,800	4.90%

In addition, the shareholders also approved the amendments to the stock incentive plan to increase the number of common shares issuable pursuant to share awards and common shares issuable pursuant to unallocated awards under the stock incentive plan.

	Votes For			Votes Against
	#	%		#	%
Approval of Amendment to Stock Incentive Plan and Unallocated Awards under Plan	74,152,478	86.67%		11,205,663	13.13%

The shareholders also approved the appointment of KPMG LLP, Chartered Accounts as auditors for the ensuing year.

Neither the TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Surge Energy Inc.

Paul Colborne, President & CEO, Surge Energy Inc., Phone: [phone], Fax: [phone], Email: [email protected]; Jared Ducs, CFO, Surge Energy Inc., Phone: [phone], Fax: [phone], Email: [email protected]

Related Links

http://www.surgeenergy.ca