HOUSTON, June 25, 2013 /PRNewswire/ -- Hyperdynamics Corporation (NYSE: HDY) announced that all four proposals presented today at its Annual Meeting of Stockholders were approved. Hyperdynamics shareholders voted to:
- Re-elect its current slate of seven directors for additional one-year terms.
- Amend the Company's certificate of incorporation to allow the Board of Directors at its discretion to effect a reverse stock split of Hyperdynamics' common stock within a range of 1-for-4 shares to 1-for-8 shares.
- Amend the Company's certificate of incorporation to reduce proportionally by the split ratio that is selected by the Board of Directors the total number of common shares outstanding that Hyperdynamics is authorized to issue.
- Ratify the selection of Deloitte & Touche LLP as the independent registered public accounting firm for fiscal 2013.
Hyperdynamics is an emerging independent oil and gas exploration and production company that is exploring for oil and gas offshore the Republic of Guinea in West Africa. To find out more, visit our website at www.hyperdynamics.com.