CALGARY, Alberta, May 12, 2022 (World NEWSWIRE) — Precision Drilling Corporation (“Precision” or the “Company”) is pleased to announce the benefits of the election of board users at its 2022 Once-a-year and Special Assembly of Shareholders held on Might 12, 2022 (the “Annual Meeting”). Shareholders permitted the election of all 8 (7 of whom are independent) of the nominee directors offered in the Company’s Administration Information Round (the “Circular”), dated March 30, 2022.
The shares represented at the Annual Meeting voting in favour of specific nominee directors are as follows:
|Nominee||# Votes For||% Votes For||# Votes Withheld||% Votes Withheld|
|Michael R. Culbert||8,257,758||99.58||34,513||.42|
|William T. Donovan||8,071,216||97.33||221,055||2.67|
|Brian J. Gibson||8,077,224||97.41||215,047||2.59|
|Steven W. Krablin||7,765,114||93.64||527,157||6.36|
|Susan M. MacKenzie||6,763,226||81.56||1,529,045||18.44|
|Kevin O. Meyers||8,071,468||97.34||220,803||2.66|
|David W. Williams||8,257,389||99.58||34,882||.42|
|Kevin A. Neveu||8,032,963||96.87||259,308||3.13|
All other items of business enterprise set forth in the Circular and regarded at the Once-a-year Meeting handed, which include the non-binding advisory vote on the Corporation’s approach to government compensation.
Precision is a foremost provider of harmless and environmentally responsible Substantial Efficiency, Higher Worth companies to the power sector, supplying shoppers entry to an in depth fleet of Tremendous Series drilling rigs. Precision has commercialized an field-major electronic technological innovation portfolio known as “Alpha™” that utilizes sophisticated automation program and analytics to generate economical, predictable, and repeatable outcomes for vitality customers. Moreover, Precision features nicely assistance rigs, camps and rental products all backed by a detailed combine of technical aid providers and proficient, professional personnel.
Precision is headquartered in Calgary, Alberta, Canada and is listed on the Toronto Stock Exchange under the buying and selling image “PD” and on the New York Inventory Exchange beneath the investing image “PDS.”
For additional details, please make contact with:
Carey Ford, Senior Vice President & Chief Monetary Officer
800, 525 – 8th Avenue S.W.
Calgary, Alberta, Canada T2P 1G1
Web page: www.precisiondrilling.com