Canadian Natural Resources Limited Reports Voting Results at Annual and Special Meeting

Canadian Natural held its Annual and Special Meeting of Shareholders on May 8, 2025. The result of the vote by shareholders for each resolution is reported below.

  1. The election of the following nominees as directors of the Corporation for the ensuing year or until their successors are elected or appointed.


Votes For Votes Withheld
              Catherine M. Best
1,290,773,343 105,594,697

92.44 % 7.56 %
              Dr. M. Elizabeth Cannon
1,387,390,907 8,977,135

99.36 % 0.64 %
              N. Murray Edwards
1,343,051,981 53,316,060

96.18 % 3.82 %
              Christopher L. Fong
1,300,632,889 95,735,153

93.14 % 6.86 %
              Ambassador Gordon D. Giffin
1,208,724,484 187,643,557

86.56 % 13.44 %
              Wilfred A. Gobert
1,369,762,011 26,606,029

98.09 % 1.91 %
              Christine M. Healy
1,384,536,485 11,831,556

99.15 % 0.85 %
              Steve W. Laut
1,372,048,183 24,319,858

98.26 % 1.74 %
              Honourable Frank J. McKenna
1,340,623,891 55,744,149

96.01 % 3.99 %
              Scott G. Stauth
1,380,178,277 16,189,765

98.84 % 1.16 %
              David A. Tuer
1,292,282,412 104,085,630

92.55 % 7.45 %
              Annette M. Verschuren
1,378,864,270 17,503,771

98.75 % 1.25 %


Votes For Votes Withheld
  1. The appointment of PricewaterhouseCoopers LLP as auditors of the Corporation for the ensuing year and to authorize the Audit Committee of the Board of Directors to fix their remuneration.

1,370,498,436 71,323,339

95.05 % 4.95 %


Votes For Votes Against
  1. The approval of the Corporation's Amended, Compiled and Restated Employee Stock Option Plan and all unallocated stock options pursuant thereto.

1,169,822,162 226,545,869

83.78 % 16.22 %


Votes For Votes Against
  1. On an advisory basis, approval of the Corporation's approach to executive compensation.

1,368,205,205 28,162,822

97.98 % 2.02 %

 

Canadian Natural is a senior crude oil and natural gas production company, with continuing operations in its core areas located in Western Canada, the U.K. portion of the North Sea and Offshore Africa.

Canadian Natural Resources LIMITED
T (403) 517-6700 F (403) 517-7350 E ir@cnrl.com
2100, 855 - 2 Street S.W. Calgary, Alberta, T2P 4J8
www.cnrl.com

SCOTT G. STAUTH
President

VICTOR C. DAREL

Chief Financial Officer

LANCE J. CASSON
Manager, Investor Relations

Trading Symbol - CNQ
Toronto Stock Exchange
New York Stock Exchange

Certain information regarding the Company contained herein may constitute forward-looking statements under applicable securities laws. Such statements are subject to known or unknown risks and uncertainties that may cause actual results to differ materially from those anticipated or implied in the forward-looking statements. The Company does not undertake to update forward-looking statements except as required by applicable securities laws. Refer to our website for detailed forward-looking statements and notes regarding Non-GAAP and Other Financial Measures at www.cnrl.com.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/251480

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Canadian Natural Resources Limited Reports Voting Results at Annual and Special Meeting

Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) held its Annual and Special Meeting of Shareholders on May 2, 2024. The result of the vote by shareholders for each resolution is reported below.

  1. The election of the following nominees as directors of the Corporation for the ensuing year or until their successors are elected or appointed.

Votes For Votes Withheld
              Catherine M. Best 739,666,794
97.19%
21,395,027
2.81%
              M. Elizabeth Cannon 755,414,889
99.26%
5,646,932
0.74%
              N. Murray Edwards 734,115,206
96.46%
26,946,615
3.54%
              Christopher L. Fong 730,264,360
95.95%
30,797,461
4.05%
              Ambassador Gordon D. Giffin 681,630,086
89.56%
79,431,703
10.44%
              Wilfred A. Gobert 749,993,920
98.55%
11,067,902
1.45%
              Christine M. Healy 759,396,832
99.78%
1,664,989
0.22%
              Steve W. Laut 752,522,642
98.88%
8,539,180
1.12%
              Honourable Frank J. McKenna 713,843,507
93.80%
47,218,314
6.20%
              Scott G. Stauth 755,136,229
99.22%
5,925,592
0.78%
              David A. Tuer 721,224,440
94.77%
39,837,382
5.23%
              Annette M. Verschuren 757,804,674
99.57%
3,257,147
0.43%




Votes For Votes Withheld
  1. The appointment of PricewaterhouseCoopers LLP as auditors of the Corporation for the ensuing year and to authorize the Audit Committee of the Board of Directors to fix their remuneration.
733,200,212
94.14%
45,678,373
5.86%

Votes For Votes Against
  1. Vote on Share Split of Issued and Outstanding Common Shares of the Corporation be subdivided on a two for one basis.
774,321,586
99.41%
4,556,996
0.59%

Votes For Votes Against
  1. On an advisory basis, approval of the Corporation's approach to executive compensation.
748,228,501
98.31%
12,833,315
1.69%

 

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As of the close of markets on May 2, 2024, Canadian Natural had 1,068,104,423 common shares issued and outstanding. Adjusted for the Share Split, there would have been 2,136,208,846 common shares issued and outstanding.

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Canadian Natural's Vice Chairman, Tim McKay, also commented "In 2023, we delivered on our capital allocation strategy by strengthening our balance sheet, providing significant returns to shareholders and strategically developing our assets. We achieved record annual production while growing our reserves organically on both a total proved and total proved plus probable basis, with reserve replacement ratios of 166% and 194% respectively.

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  • 5,768,824 Saskatchewan charity flow through units (the "SK Flow Through Units") at a price of $0.65 per unit for aggregate gross proceeds of $3,749,735.60; and
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NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

Stallion Uranium Corp. (the " Company " or " Stallion " ) ( TSX-V: STUD ; OTCQB: STLNF ; FSE: FE0 ) is pleased to announce that it has closed a second and final tranche of its previously announced non-brokered private placement of units and flow-through units (the " Offering "). This closing consisted of 22,305,600 units of the Company (each a " NFT Unit ") at a price of $0.20 per NFT Unit for aggregate gross proceeds of $4,461,120 and 30,139,600 flow-through units (each a " FT Unit ") at a price of $0.20 per FT Unit for aggregate gross proceeds of $6,027,920.

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FINANCIAL RESULTS
Three Months Ended

Six Months Ended

June 30

June 30
($000s, except per share amounts)
2025

2024

% Change
2025

2024

% Change











Oil and natural gas sales
4,828

3,164

53

7,494

6,830

10











Cash flow from (used in) operating activities
(1,826 )
(480 )
280

(845 )
2,776

(130 )
Per share - basic and diluted (1)
(-)

(-)

-

(-)

0.01

(100 )











Adjusted funds flow (used) (1)
(600 )
262

(329 )
(2,040 )
1,340

(252 )
Per share - basic and diluted
(-)

-

(-)

(-)

-

(-)











Net loss
(3,464 )
(2,329 )
49

(7,081 )
(3,530 )
101
Per share - basic and diluted
(0.01 )
(-)

100

(0.01 )
(0.01 )
-











Capital expenditures (1)
14,273

2,522

466

39,974

3,785

956











Adjusted working capital (deficiency) (1)






(41,901 )
64,386

(165 )











Common shares outstanding (000s)










Weighted average - basic and diluted
532,274

529,400

1

531,862

529,298

-











End of period - basic






532,866

530,126

1
End of period - fully diluted






591,544

617,804

(4 )

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