Parex Resources Inc. (" Parex " or the " Company ") (TSX:PXT) is pleased to announce that on May 6, 2021 it held its annual general and special meeting of shareholders (the " Meeting ") and all matters presented for approval have been fully authorized and approved.
At the Meeting, shareholders approved the election of nine nominees as directors of Parex to serve until the next annual meeting of shareholders or until their successors are elected or appointed. The results of the ballot were as follows:
|VOTES FOR||VOTES WITHHELD|
|G. R. (Bob) MacDougall||99,783,539||99.32%||686,726||0.68%|
In addition, a non-binding advisory resolution concerning the Company's approach to executive compensation was approved. The results of the ballot were as follows:
Full voting results on all matters considered at the Meeting are available on our profile on SEDAR, located at www.sedar.com .
For more information please contact:
| Michael Kruchten |
Senior Vice-President Capital Markets and Corporate Planning
Parex Resources Inc.
Phone: (403) 517-1733
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