Newport Announces Election of Directors

2020-12-09 / @newswire

 

Trading Symbol: NWX (TSX-V)

VANCOUVER, BC, Dec. 9, 2020 /CNW/ - Newport Exploration Ltd ("Newport" or "the Company") is pleased to announce that the nominees listed in the management Information Circular for the 2020 Annual General Meeting ("AGM") of Shareholders were re-elected as directors of Newport.  A total of 61,829,897 common shares or 58.56 per cent of Newport's issued and outstanding common shares were voted in connection with the AGM.  The detailed results are set out in the table.

Nominee

Votes For

% For

Votes Withheld

% Withheld

Ian Rozier

57,455,537

92.93

4,374,360

7.07

Barbara Dunfield

57,455,537

92.93

4,374,360

7.07

Merfyn Roberts

60,339,537

97.59

1,490,360

2.41

James Robertson

61,773,537

99.91

56,360

0.09

These AGM results indicate strong support for the management and Board of Directors of the Company and for the current management strategy of allocating capital to shareholders through quarterly dividends, as announced on December 12, 2019.

www.newport-exploration.com 
www.beachenergy.com.au
www.santos.com 

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

SOURCE Newport Exploration Ltd.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/December2020/09/c8467.html

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