Bankers Petroleum Announces Annual Meeting Voting Results and Election of Directors

May 20, 2015, 19:31 ET from Bankers Petroleum Ltd.

CALGARY, May 20, 2015 /PRNewswire/ - Bankers Petroleum Ltd. ("Bankers" or the "Company") (TSX: BNK, AIM: BNK) is pleased to announce that 148,146,895 shares (56.72% of the Company's issued and outstanding shares) were represented at the Annual Meeting of Shareholders held on May 20, 2015 (the "Meeting") and all of the resolutions were duly passed. Specifically, all of the nine Director nominees proposed in the Company's management information circular, dated April 14, 2015, were elected as Directors of the Company.  The voting results for each nominee are set out below:


Nominee

Votes For

Votes Withheld

Number

Percentage

Number

Percentage

Abdel F. Badwi

142,194,794

95.98

5,952,101

4.02

Eric Brown

147,617,666

99.64

529,229

0.36

Wesley Clark

139,396,132

94.09

8,750,763

5.91

Robert Cross

140,698,640

94.97

7,448,255

5.03

David French

147,618,054

99.64

528,841

0.36

Jonathan Harris

141,397,767

95.44

6,749,128

4.56

Phillip Knoll

147,629,644

99.65

517,251

0.35

Ian McMurtrie

147,624,372

99.65

522,523

0.35

John B. Zaozirny

143,537,402

96.89

4,609,493

3.11

 

In addition, Bankers reports that 97.09% of the shares represented in person or by proxy at the Meeting were voted in favour of the Company's approach to executive compensation as more particularly set forth in the Management Information Circular.

All voting results will be posted on SEDAR.

About Bankers Petroleum Ltd.

Bankers Petroleum Ltd. is a Canadian-based oil and gas exploration and production company focused on developing large oil and gas reserves.  In Albania, Bankers operates and has the full rights to develop the Patos-Marinza heavy oilfield, has a 100% interest in the Kuçova oilfield, and a 100% interest in Exploration Block "F". Bankers' shares are traded on the Toronto Stock Exchange and the AIM Market in London, England under the stock symbol BNK.

SOURCE Bankers Petroleum Ltd.



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